Smarter Billing & Payment Automation with Paystand

Eliminate spreadsheets and manual tasks. Paystand’s Billing & Payment Automation platform streamlines invoicing and collections, enhances cash flow, reduces errors, and saves your team valuable time.

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Ditch the Manual Grind

Manual invoicing and payments are tedious, expensive, error-prone, and slow. Paystand’s Billing & Payment Automation platform replaces outdated processes with electronic invoice automation, making every billing cycle faster, more reliable, and easier to scale.

Manual workflows not only cost valuable time but also introduce a risk of human error that can delay revenue recognition and damage customer relationships.

Automating your billing and payments with Paystand means eliminating friction at every step of the process, from issuing invoices to collecting funds, while increasing operational transparency.

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Payment Processing Automation That Moves Money Faster

Traditional payment processing is full of friction. With Paystand, you get seamless, end-to-end payment processing automation: from payment reminders to fund settlement.

Our system ensures that automated payments flow directly into your ERP, keeping your books clean and your cash moving. With Paystand you can

Eliminate manual matching
Reduce payment cycles,
Automate billing and payments to boost your cash flow

Get paid faster, spend less time chasing down payments, and gain full control over your financial operations.

Automated Billing Systems Built for Scale

From invoice generation to reconciliation, every step is optimized to reduce costs and increase speed. Our solution automates billing and transforms your AR operations with online payment processing, reducing DSO and eliminating busywork.

With native integration into your ERP, your team gains real-time visibility into invoice statuses, payment completions, and exception handling, without fatigue.

Your business deserves a better way to bill. Paystand's automated billing software turns manual processes into streamlined payment workflows.

Get Controller's Guide to B2B Payment Optimization >>

Why Automate with Paystand?

Automation transforms finance team operations. Paystand’s platform reimagines billing as a strategic function rather than a chore.

SMARTER CASH FLOW

Automated billing and payments mean fewer delays, less revenue stuck in limbo, and more predictable income streams. Your team can count on timely payments and plan budgets with confidence.

Discover the Power of Automated Cash Flow >>

OPERATIONAL CLARITY

With real-time dashboards and ERP integration, finance teams gain full visibility into payment status, invoice tracking, and exceptions. No more guesswork or fragmented data.

Discover Seamless ERP Integrations >>

STRATEGIC EFFICIENCY

Free from repetitive manual tasks, teams can focus on higher-value initiatives like forecasting, financial planning, and growth strategies instead of chasing checks.

Learn more about automating AR >>

COST OPTIMIZATION

Smart payment routing and automation help you reduce transaction fees and eliminate costly reconciliation errors, all while scaling without adding headcount.

Smarter Ways to Eliminate Transaction Fees >>

Testimonials

“The Paystand platform has done exactly what we expected it to do. We’re thrilled that the results aligned with our expectations. We’re operating as a well-oiled machine.”

AJ Heffernan

Director of Finance & Operations, Choozle

“We found Paystand so easy to use; their embedded payment links in our invoices are simple for customers. Our clients and vendors are no longer confused at the critical moment when they’re ready to pay.”

James Allen

CEO

Frequently Asked Questions

1. What is an automated billing system, and how does it work?

An automated billing system uses software to generate, send, and manage invoices. It automates the entire billing cycle, from invoice creation and approval to payment processing and reconciliation. By eliminating manual entry, these systems reduce errors, speed up collections, and ensure accurate financial reporting. Paystand’s automated billing software integrates seamlessly with your ERP, giving your team real-time insight into payment statuses and outstanding invoices.

2. What are the key benefits of using payment automation?

Payment automation delivers faster transactions, fewer errors, and improved working capital. By replacing manual tasks with streamlined payment workflows, businesses can minimize human intervention and maximize accuracy. It reduces labor costs, accelerates receivables, and ensures compliance with audit-ready transaction records. With Paystand, you also benefit from smart routing and payment optimization, improving operational efficiency.

3. What’s the difference between automated billing and traditional billing methods?

Traditional billing depends on paper invoices, manual processing, and follow-up phone calls, leading to delays, errors, and inefficiencies. On the other hand, automated billing systems use billing automation software to create and distribute digital invoices instantly, track payments in real time, and reconcile data automatically. This boosts productivity and improves customer experience through faster and more accurate billing.

4. Can automated payments improve my business cash flow?

Automated payments ensure your business gets paid faster by minimizing friction in the collections process. They eliminate bottlenecks caused by manual approvals or processing, reduce late payments through automated reminders, and give your team better visibility into incoming cash. The result is more predictable, healthier cash flow that supports smarter business decisions.

5. How does automated invoicing help reduce errors and manual work?

Electronic invoice automation eliminates repetitive tasks like manual data entry, invoice printing, and mailing. Digitizing the invoicing process reduces human error, speeds up approval cycles, and ensures invoice accuracy. Paystand’s solution also flags discrepancies automatically, allowing finance teams to resolve issues quickly and maintain consistent, audit-ready records.

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Robust ERP Integrations

Your transaction data shouldn't be siloed. Integrate your B2B payments with your critical business tools: ERP, eCommerce, CRM, and accounting systems.

Send invoices with embedded payment links
Use smart data to attach key invoice information to every payment
Auto-reconcile transactions directly in your system of record

Streamline your entire financial process with end-to-end payment functionality, all in one place.

Learn More About Paystand Integrations >>