# Eden Equipment Saves 11 Hours Per Week With Automation

This filtration solutions company automated payment reconciliation and successfully created a feeless, scalable AR program their customers love.

###### Headquarters
#### Austin, TX

###### Industry
#### Manufacturing

###### Client

###### Challenge
Eden Equipment needed a better payment experience, with a more intuitive interface and complete integration with Netsuite.

###### Solution
Paystand offered fully automated, seamless payment processing and user experience that made it easy for customers to pay.

## **Testimonials**

"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

### Eden Equipment's Challenge

Eden Equipment, a leader in US-manufactured filtration solutions, faced several challenges in managing its payment processes:

- High aged receivables and outstanding invoices
- Manual, time-consuming reconciliation and fee application processes
- Customer payment experience that was confusing and lacked flexibility
- Lost revenue from credit card fees that were missed due to manual tracking
- Lack of efficiency in emailing and attaching multiple invoices for payment

### Results Achieved with Paystand

- **15% Decrease in Aged Receivables**: Enhanced payment options and seamless user experience have led to faster payments.
- **Real-Time Payment Processing**: Payments sync immediately with the ERP, streamlining daily operations and cash flow analysis.
- **Reduced Manual Work**: Automatic fee tracking and reconciliation save significant time and reduce errors.
- **Faster Month-End Close**: Eliminating manual steps in coding and tracking fees has led to faster, smoother month-end closing periods.

[**Make payments a strategic advantage for your business**\
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Paystand is on a mission to create a more open financial system,
starting with B2B payments. Using blockchain and cloud technology, we
pioneered Payments-as-a-Service to digitize and automate your entire cash
lifecycle. Our software makes it possible to digitize receivables,
automate processing, reduce time-to-cash, eliminate transaction fees, and enable new revenue.