Case Study: FloWater saves 40+ hours a week and $100K with Paystand

FloWater saves 40+ hours a week with Paystand

FloWater, a clean technology company, faced significant challenges in its accounts receivable process. With 12,000 leased water stations generating a high volume of monthly payments, manual inefficiencies were costly. Their NetSuite system was not automatically generating invoices or correctly processing customer autopay, forcing the finance team to spend extensive time on manual intervention and reconciliation.

To solve this, FloWater implemented Paystand within NetSuite. Paystand automated invoice delivery, payment collection, and cash application, seamlessly syncing payments back to the correct invoices. This solution saved FloWater over 40 hours of manual processing per week and is projected to save $100,000 in fees this year, creating a cleaner and more efficient AR process.

FloWater