Make Collections A Revenue Engine

Drive more efficiency across your AR organization with automated invoicing and collections.

Scheduled and recurring payments

Eliminate the manual overhead of payment collection by making payment collections efficient and automated.

• Use Scheduled Payments to set up programmed reminders
• Enable AutoPay for customers with authorized funds on file
• Set up Recurring Payments for customers who have constant payment terms

Manage receivables from anywhere

Business continuity is critical. With the Paystand Collections Suite you can manage accounting operations and collect payments remotely.

• Our Virtual Terminal lets you enter customer payment information on their behalf
• Use Fund on File for pre-authorized customer payments
• Give your team a robust platform to manage receivables in one place

Automate your manual payments process

Imagine never having to open an envelope and match payments to invoices again. How much time could your team save? With Paystand:

• Payments are immediately applied against invoices with no human intervention
• Immediate automatic reconciliation
• Settle and record transactions directly in your ERP

Streamline your cash cycle with integrated payments and collections

Accept all forms of digital payment, including direct bank transfer, eCheck, ACH, and credit/debit cards. Zero Fee Payments Give yourself and your payers the option 0% fee payments with the Paystand B2B Network. Multiple Payment Methods Accept all payment methods for a flat monthly rate with wholesale pricing for ACH and credit/debit card and even digitized checks. Flexible Invoicing Send reminders and automate invoice communications. Reduce Payment Friction Provide an easier, friendlier customer experience for invoice collection.