ACCOUNTS RECEIVABLE
OUR NETWORK
Discover how we enable your business to receive fee-less payments at a faster speed than your current solution.
We transition your costliest payers into cost-effective payment rails to return the most positive of ROIs.
WHY NOW
Our push into Accounts Payables comes with our mission of becoming the one stop shop for the CFO.
By integrating AP, our financial suite becomes even more powerful as we aim to automate everything money.
DATA & INFRASTRUCTURE
LEARNING RESOURCES
Company
Paystand is revolutionizing B2B payments with a modern infrastructure built as a SaaS on the blockchain, enabling faster, cheaper, and more secure business transactions.
Our mission is to reboot commercial finance by creating an open financial system.
Payments as a Service
PARTNERS
Join Paystand's partnership program today.
PRESS
Read about Paystand business updates and technology announcements.
BITCOIN
See how Bitcoin anchors every payment on our network.
CAREERS
Join our fast-growing team of disruptors and visionaries.
ABOUT US
See how we are rebooting commercial finance.
PAYSTAND.ORG
Our nonprofit advancing financial inclusion through Bitcoin.
Where We Operate
United states
Paystand is headquartered in California and operates nationwide, serving businesses across all 50 states.
canada
We support operations in Canada with localized payment capabilities, including CAD EFT and cross-border support.
This U.S. filtration solutions manufacturer automated payment reconciliation, cut aged receivables by 15%, and moved customers into a feeless, scalable AR program.
What Paystand enabled
COMPANY SNAPSHOT
Industry
Manufacturing
Headquarters
Austin, TX
Business
Manufactured filtration solutions
ERP
NetSuite
Decrease in aged receivables
Saved per week with automation
Payment sync with NetSuite
Month-end close with no manual fee coding
The Challenge
Eden Equipment is a leader in U.S.-manufactured filtration solutions. As the business grew, the way it collected payments did not keep up. Invoices aged, outstanding balances piled up, and the finance team carried a payment process that depended on manual work at almost every step.
Reconciliation and fee application were manual and time-consuming. Every payment had to be matched and every fee coded by hand, which slowed daily operations and pushed extra work into month-end.
Card fees were a quiet leak. Because fees were tracked manually, some credit card fees were missed entirely, and that showed up as lost revenue.
On the customer side, payment friction was just as real. The payment experience was confusing and offered little flexibility, and sending invoices meant emailing and attaching multiple documents for customers to act on. When paying is harder than it should be, customers pay later, and aged receivables grow.
Eden needed a better payment experience with a more intuitive interface, plus complete integration with NetSuite so payments would land where the team already worked.
The Solution
Paystand gave Eden fully automated payment processing and a user experience that makes it easy for customers to pay. The goal was a frictionless payment experience on both sides of the transaction: simpler for customers, lighter for the finance team.
For customers, frictionless payment starts with choice. Eden now offers multiple, flexible payment options, so customers can pay the way that works for them instead of working around a confusing process.
For the finance team, the manual steps came out of the workflow. Fee tracking happens automatically, so card fees are captured instead of missed. Reconciliation runs automatically, saving significant time and reducing errors. And because Paystand integrates with NetSuite, payments sync to the ERP in real time, giving the team current data for daily operations and cash flow analysis.
"We love giving our customers multiple payment options - it's been really helpful for them and decreased workload and stress for us."
Give customers more ways to pay and take the manual work out of reconciliation.
Talk to a Paystand expert about automated payments in NetSuite.