Double Robotics Makes Payments Easy for Institutional Customers

Double Robotics Makes Payments Easy for Institutional Customers

Team Balance
Team Balance
·
February 2, 2021

About Double Robotics - Driving Connection at Institutional Scale 

In an era of remote connection, Double Robotics (DR) enables telecommuters, doctors, remote workers, and students to feel more connected to their colleagues and classmates by giving them a physical presence when they can’t be there in person. Driving your own Double means you are free to roam around the office, visit patients, attend meetings, monitor work sites, or go to class from anywhere in the world. It’s no wonder that universities, large enterprises, and government institutions want to provide their communities with the most meaningful and realistic way to connect to each other remotely. 

 

Double Robotics Use Case

DR sells its innovative, high value, telepresence robots to large institutional customers, like universities and government organizations. Their customers often work with traditional payment methods, like wire transfers and paper checks, and have the long payment cycles one would expect from large traditional organizations. This translates into significant payment delays for DR.

“As a technology company, we aim to make every customer touchpoint sleek and enjoyable. Balance takes the friction out of our payment experience and removes the burden of accounts receivable on our side.” 

- David Cann, CEO, Double Robotics


Impact

With Balance, DR accepts payments from traditional organizations in a more modern way, providing a frictionless buyer experience. After DR issues an invoice to one of their buyers, and following a successful risk assessment by Balance, DR gets paid instantly by Balance. DR lowered their accounts receivable burden by hundreds of thousands of dollars, removed transactional risk, and spared their company the overhead of collection, reconciliation and settlement with Balance-financed transactions.

Learn More

With Balance, merchants simply log in to accept payments any way for their online or offline business - and get paid instantly.  Learn more about automated payment operations, accepting multiple payment methods, flexible payment mechanisms, automated collections and more.

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