List of Paystand AR automation Customers
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United States
Since 2010, our global team of researchers has been studying Paystand AR automation customers around the world, aggregating massive amounts of data points that form the basis of our forecast assumptions and perhaps the rise and fall of certain vendors and their products on a quarterly basis.
Each quarter our research team identifies companies that have purchased Paystand AR automation for AR Automation from public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources, including the customer size, industry, location, implementation status, partner involvement, LOB Key Stakeholders and related IT decision-makers contact details.
Companies using Paystand AR automation for AR Automation include: Covetrus, a United States based Professional Services organisation with 5500 employees and revenues of $1.12 billion, Thumbtack, a United States based Professional Services organisation with 1000 employees and revenues of $200.0 million, Allterra Solar, a United States based Construction and Real Estate organisation with 40 employees and revenues of $10.0 million and many others.
Contact us if you need a completed and verified list of companies using Paystand AR automation, including the breakdown by industry (21 Verticals), Geography (Region, Country, State, City), Company Size (Revenue, Employees, Asset) and related IT Decision Makers, Key Stakeholders, business and technology executives responsible for the software purchases.
The Paystand AR automation customer wins are being incorporated in our Enterprise Applications Buyer Insight and Technographics Customer Database which has over 100 data fields that detail company usage of software systems and their digital transformation initiatives. Apps Run The World wants to become your No. 1 technographic data source!
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| Logo | Customer | Industry | Empl. | Revenue | Country | Vendor | Application | Category | When | SI | Insight |
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Allterra Solar | Construction and Real Estate | 40 | $10M | United States | Paystand | Paystand AR automation | AR Automation | 2017 | n/a |
In 2017, Allterra Solar implemented Paystand AR automation to digitize accounts receivable and billing across its United States operations. The deployment adopted an end-to-end eInvoice, billing portal and ePay flow and was publicly announced in a PayStand press release in October 2017. The implementation concentrated on the finance function, centralizing invoice presentment and electronic payment acceptance through a customer-facing billing portal and automated payment capture.
Paystand AR automation and the Paystand billing portal were used to provide core AR Automation capabilities including electronic invoice presentment, customer self-service billing portal access, payment processing and automated receivables posting. Operational coverage was within Allterra Solar finance and billing workflows, with governance focused on transitioning invoicing and payment processes to the portal and ePay flow. PayStand materials cited a reduction in transaction costs of approximately 51 percent and an increase in zero fee payment volume of about 41 percent, outcomes included in the customer announcement.
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Covetrus | Professional Services | 5500 | $1.1B | United States | Paystand | Paystand AR automation | AR Automation | 2022 | n/a |
In 2022, Covetrus implemented Paystand AR automation across its finance organization. The deployment targeted accounts receivable and payments within its NetSuite OneWorld environment in the United States using Paystand's NetSuite SuiteApp.
The Paystand AR automation deployment focused on electronic invoicing, payment acceptance, automated cash application and collections orchestration functionality common to AR Automation solutions. Configuration work centered on cash-application rules, payment routing and reconciliation to enable higher rates of straight through processing and reduce manual cash postings within NetSuite AR workflows.
Integration was executed via the Paystand SuiteApp connecting invoice, payment and customer records between Paystand and NetSuite OneWorld, enabling synchronized AR and cash-application processes. Operational coverage was concentrated in US finance teams, specifically accounts receivable, treasury and collections, with processing anchored in NetSuite AR modules.
Governance changes included centralizing cash-application ownership and redefining collections workflows to leverage automated payment posting and reconciliation. The Paystand case study cites outcomes from the Paystand AR automation deployment, reporting an approximately 80% decrease in days sales outstanding and an approximately 98% decrease in per-transaction fees after the solution was operational.
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Thumbtack | Professional Services | 1000 | $200M | United States | Paystand | Paystand AR automation | AR Automation | 2021 | n/a |
In 2021, Thumbtack modernized accounts receivable in the United States by deploying Paystand AR automation to automate invoice to payment workflows. The Paystand AR automation deployment targeted the finance function, centralizing receivables orchestration and digital payment acceptance across Thumbtack's US operations.
Implementation emphasized AR Automation capabilities including automated invoice processing, electronic payment acceptance, rules based cash application, and reconciliation workflows. Configuration included collections workflow automation and remittance posting logic to reduce manual posting and support end to end invoice to payment lifecycle management.
Paystand was integrated with NetSuite to synchronize receivables data and automate posting to NetSuite AR, aligning cash application with the general ledger. Governance was structured under finance with defined handoffs between billing, collections, and treasury to operationalize the automated workflows. The case study reports Days Sales Outstanding declined by approximately 40 percent, write offs fell by approximately 98.75 percent, and the finance team saved about 28 hours per month.
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