Case Study: Leading Cybersecurity Enterprise eliminates 50+ hours of manual invoicing per month and triples revenue with Versapay

How a cybersecurity enterprise eliminated 50+ hours of manual labor per month

A leading U.S. computer and network security provider using NetSuite was sending about 3,000 invoices a month but relied on highly manual AR processes that consumed 50+ hours monthly, left only 3% of invoices paid by card, forced collectors to focus on six‑figure accounts, and exposed the company to PCI risk from phone-collected card data. These inefficiencies slowed cash flow, hurt employee satisfaction, and threatened scalability amid rapid growth.

By implementing Versapay’s accounts receivable automation and a self‑serve online portal, the company onboarded 99% of customers, tokenized payments to reduce PCI scope, eliminated manual invoicing and mass email work, and freed staff for higher‑value tasks. Results included a 3x revenue increase without adding AR headcount, more than 50 hours saved per month, and zero invoicing‑related support inquiries.