Case Study: Leading education company achieves faster payments and lower fees with Paystand

School Communication Platform Reduces DSO With PayStand

Leading Education Company, an all-in-one parent communication platform for private and charter schools, struggled with slow payments from both their school customers and parents: mailed checks caused long delays, credit-card payments carried high transaction fees, and one-off items like uniforms and field trips added complexity. They needed an online, automated recurring payments solution that worked in both the U.S. and Canada to speed collections and simplify payments for schools and parents.

Leading Education Company integrated Paystand’s Billing and Payments Engine via Paystand’s APIs to power accounts receivable and recurring billing while keeping its own customer experience. By shifting primarily to low-fee eCheck payments and adding flexible online payment options, Paystand helped reduce days sales outstanding (DSO) from weeks to days, lower credit card transaction costs, and increase payment flexibility for both the company’s A/R department and the individual schools.