The first Collaborative AR Network

Don't just automate. Transform your AR.

Versapay helps CFOs like you by going beyond automation and connecting to customers over the cloud with Collaborative AR. The result is increased efficiency and accelerated cash flow—with more satisfied customers to boot.

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Trusted by CFO's at 9,000+ leading companies

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Collaborative AR is simply better

Collaborative Accounts Receivable is simply better

In a survey of 400 CFOs, 93% are in the process of digitizing their accounting functions. Why? To create better customer and vendor experiences. Versapay goes beyond automating AR and helps you transform it. How? We connect your accounting team with your customers in the cloud via a dedicated portal. The results speak for themselves.

50% reduction in manual work
30% decrease in past-due invoices
95% customer satisfaction rate
25% increase in payment speed

The first Collaborative AR Network

Versapay combines our Collaborative AR platform and B2B Payment Network in one solution to drive efficiency, accelerate cash flow, and dramatically improve the customer experience.

Collaborative AR automation

Accelerate cash flow with Collaborative AR automation

Automate your entire AR lifecycle from order to cash. Connect your AR department with your customers and vendors in the cloud through a dedicated portal.

Cash application

Auto-match any payment with AI-powered cash application

Automate your cash application process using machine learning to match any payment type with open receivables. Capture and reconcile payment data, eliminate entry errors, significantly reduce manual effort, and speed up cash flow.

ERP payments

Accept all payment types with integrated ERP Payments

Process payments, present omni-channel invoices, provide multiple payment options, lower processing costs and fraud, and increase security—all directly in your ERP.

Payment network

Streamline acceptance and processing with our Payment Network

Full services for business and retail. Streamline processes, drive digital payment adoption, lower processing costs, speed up payment cycle times, and protect sensitive customer data.

Learn how Versapay clients achieved 305% ROI

Nothing builds a business case for digital transformation better than demonstrating significant ROI. So, we commissioned a Total Economic ImpactTM study from Forrester Consulting.

Get the study now to learn how by year 3, a composite organization representative of our interviewed clients:

  • Reduced check payments and customer phone calls by 70%-80%, saving nearly 35,000 hours per year
  • Lowered customer churn, preserving up to $12.75M in sales revenue annually
  • Cut bad debt by 60%, for annual savings up to $4.9M
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What our customers say about transforming AR with Versapay

Carrier Enterprise

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  • 10k invoices per month
  • 50% increase in electronic payments
“Versapay gives our customers tremendous accessibility on their own time to get what they want when they want it. They can transact with us now. The number of payments we're getting electronically now is double what it was.”
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John Shamanis, CFO Carrier Enterprise

Boston Properties

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  • 10k invoices per month
  • 84% tenant adoption
“Versapay has built a robust platform to support commercial real estate companies that will provide self-service and payment options along with a centralized interface for our internal teams.”
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Jim Whalen, SVP and CIO/CTO Boston Properties

Rocket Industrial

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  • 2k invoices per month
  • 50% reduction in manual tasks
“When customers hit 10 or 20 days past due, they automatically get their notification from Versapay, so it takes a lot off of my plate. I just have to go in and verify, not actually do the entry myself.”
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Danielle Kostroski, Account Receivables Specialist Rocket Industrial

Talk with a payment and AR automation expert

Contact us

Have questions on transforming your payments and AR processes? We’re here to help. Fill out the form and one of our experts will be in touch to discuss your needs and our solutions.

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