PayTrace
Digital Payment Solutions for Decorative Materials
Pages
7
Time to read
6 mins
Publication
Language
English
Pages
7
Time to read
6 mins
Publication
Language
English
This case study details the implementation of a digital payment solution by Decorative Materials in collaboration with NewGen Business Solutions. Decorative Materials, a supplier of luxury tile and stone products, faced challenges with outdated payment processes that were not scaling with their business growth. The company sought a more innovative solution to enhance security and streamline operations. They transitioned to NewGen's PayGen solution, integrated with NetSuite, which provided a comprehensive platform for order management, digital invoicing, and secure payment processing. The results included improved security through the elimination of paper orders and manual data entry errors, as well as increased efficiency in their accounting processes. The new system allowed customers to securely store payment information and facilitated ACH payments, significantly reducing the workload on the accounting department. Overall, the upgrade not only enhanced the customer experience but also ensured compliance with security standards, demonstrating the effectiveness of modern digital payment solutions.