# Motorola Sees Immediate Top and Bottom-Line Benefits by Implementing Paystand

Here is how Motorola saved 20 hours per week on its invoicing process and reduced costs by 16%

###### Headquarters  
#### Chicago, IL

###### Industry  
#### Telecommunications

###### Client

###### Challenge  
Manual processing leading to delays in receiving payment, poor recordkeeping, and high costs.

###### Solution  
Paystand’s AR automation integration with NetSuite reduced costs by 16%, sped up collections, and improved the entire payment process.

## **Testimonials**  
"Since working with Paystand, we’ve saved almost 20 hours of work a week."  
**Sofia Mitchell**  
*Accounting Analyst*

### Challenges Faced by Motorola
- Time-consuming, manual invoice processing despite a digitized solution with [Authorize.net](http://authorize.net/)
- High number of returns due to insufficient customer balances and lack of efficient balance verification
- Manual payment uploads causing delays and inefficiencies, even after migrating to NetSuite
- Need for a more automated, customer self-service-friendly payments system to enhance efficiency and reduce costs

### Results Achieved with Paystand
- Saved **nearly 20 hours** of manual work per week for the finance team
- **Reduced processing fees by 16%**, allowing for reinvestment into affiliates
- **Improved cash flow and collections** with real-time visibility into payments
- **Cost savings of 10%** compared to other competing solutions, leading to a more favorable fee structure
- Exceptional customer support, making implementation and ongoing use smooth and efficient

[**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.