Case Study: Elenteny Imports achieves faster, scalable accounts receivable with Paystand

Elenteny Imports cuts time-to-cash 50% with Paystand

Elenteny Imports, a food and beverage importer and distributor, faced significant challenges in its accounts receivable process. Federal regulations required same-day payments, which led to labor-intensive manual work, including processing physical checks and keying data across systems. The company needed to automate this process, reduce staff keystrokes, and provide self-service options for its customers. To address this, they turned to the vendor Paystand and implemented its SuiteApp within NetSuite.

Paystand provided a centralized solution that automated invoicing, payment processing, and reconciliation. Their system enabled multiple same-day payment options and a self-service customer portal, which eliminated manual data entry. As a result, Elenteny Imports achieved a 50% decrease in time-to-cash and processed a third of all payments online. Most notably, Paystand's solution allowed the company to handle 100% growth in invoicing volume without needing to increase its accounting headcount.

Elenteny Imports