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COMPANY SNAPSHOT

Industry

Manufacturing

Headquarters

Austin, TX

Business

Manufactured filtration solutions

ERP

NetSuite

15%

Decrease in aged receivables

11 hrs

Saved per week with automation

Real-time

Payment sync with NetSuite

Faster 

Month-end close with no manual fee coding

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The Challenge

Manual Accounts Receivable Was Costing Eden Time, Fees, and Cash

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.

Key challenges

High aged receivables and outstanding invoices
Manual, time-consuming reconciliation and fee application
A confusing customer payment experience with limited flexibility
Lost revenue from credit card fees missed in manual tracking
Inefficient emailing and attaching of multiple invoices for payment
Incomplete payment integration with NetSuite

The Solution

Shrinking Aged Receivables with Payments That Run Themselves

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.

Solution

Fully automated payment processing
Multiple, flexible payment options for Eden's customers
Automatic fee tracking to capture card fees
Automatic reconciliation to reduce manual work and errors
Real-time payment sync with NetSuite

Customer Results

Eden Equipment Cuts Aged Receivables 15% with Paystand
Eden Equipment
"We love giving our customers multiple payment options - it's been really helpful for them and decreased workload and stress for us."
Cheynne Joyner
Accounting Clerk
15%
Decrease in aged receivables
Real-time
Payment sync with NetSuite
Automatic
Fee tracking and reconciliation
Faster
Month-end close

When paying is easy, customers pay sooner

Customers got more ways to pay and a simpler, more intuitive experience. They paid faster, and aged receivables dropped 15%. . That means less cash sitting in old invoices and fewer outstanding balances for the team to chase.

Inside the finance team, the change shows up every day. Payments sync immediately with NetSuite, streamlining daily operations and cash flow analysis. Automatic fee tracking and reconciliation save significant time and reduce errors, and card fees no longer slip through manual tracking.

The impact carries through to month-end. With no manual steps in coding and tracking fees, Eden's month-end closeis faster and smoother. And as Eden grows, the cost of getting paid doesn’t grow with it.

Ready to make payments
the
easy part?

Give customers more ways to pay and take the manual work out of reconciliation.
Talk to a Paystand expert about automated payments in NetSuite.

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