Traditional invoicing and accounts receivable methods are inefficient with manual tasks, delays in invoicing and posting payments, plus time-intensive collections efforts with little insight. That’s why VersaPay focuses exclusively on the invoice-to-cash process and offers its cloud-based, intelligent AR solution, VersaPay ARC™. This eBook will detail 6 ways VersaPay ARC will transform accounts receivable for your business.
In the digital world, B2B transactions are constantly changing. The manner in which transactions are initiated and conducted have to improve as the pace of business moves faster every day.
Simplify and automate your recurring and subscription billing so you can focus on what’s important – growing your business.
Trusted by thousands of businesses, VersaPay ARC Lite™, helps companies save time and money by automating and managing recurring billing. ARC Lite™ is the perfect tool to help automate your billing from either EFT / ACH or credit card transactions. With easy to use scheduling options, your business can say goodbye to clumsy and timely batch file processes.
As the leading automated billing system on the market, ARC Lite™ is a trusted platform to create invoices, schedule and accept payments online (ACH, EFT and credit card) and access enhanced notifications and customer analytics.
ARC Lite™ is not only a cost effective platform for your business but one of the most advanced and intuitive billing platforms on the market today. VersaPay’s commitment to innovation and financial technology has allowed us to build a platform with features that are not yet available by any competitive offerings. With the ability to schedule flexible payments that cater to your customer needs, ARC Lite™ is the only cloud-based platform to process both EFT and credit card transactions. With ARC Lite™, your business will benefit from features on a platform like no other:
Cost effective: With no monthly or setup fees and a low fee per EFT transaction, ARC Lite™ is a cost-effective solution for recurring billing. Custom merchant service plans are available for those looking to accept credit cards.
Express deposits: Next day credit card transaction deposits and 3 business day deposits for bank-to-bank payments.
Multiple users: With multi-user platform support, you can create staff profiles that are view only or set notifications for key users when specific events happen (notifications on payment, failed payments, etc.)
Self-service platform: As a cloud-based platform, ARC Lite™ provides self-service for both your team and your customers. Your team can directly input billing details or send a request from the platform to invite your clients to sign up and input their own payment information. Clients can also access notifications for recurring bills and when payments have been completed.
PCI Level 1 Compliant: VersaPay is highly concerned with protecting your clients’ sensitive data and has met rigorous industry security standards as a PCI Level 1 compliant platform.
When you are ready to start automating your recurring billing, ARC Lite™ will be ready to take charge with easy setup to schedule invoices, enable payment notifications, and access online billing and payments (ACH, EFT, and credit card).
Getting started with ARC Lite™ is easy. Setup only takes a day with intuitive set up and no installation. Our expert support team will be on hand to train your team to get you up and running quickly.
Create invoices easily with the ARC Lite™ intuitive interface. Once invoices are created or loaded into the platform, you can design your billing plan: when to start and stop billing, what cycle to bill and what amount.
Improve communication between your team and customers with a series of automated notifications within ARC Lite™. Gain access to a library of real-time notifications to keep on top of key events including payment completion, customer payment reminders and failed payments.
With ARC Lite™, VersaPay can provide your business with the most robust and intelligent recurring billing system currently offered in North America. With success in industries such as property management, member management, loans, not-for-profit, insurance, medical plans, and many others, VersaPay is confident that our cost effective platform can help fit your recurring billing needs.
Offer customers flexible online payment options including auto-pay and payments with ACH, EFT and credit card. ARC Lite™ is PCI Level 1 compliant and meets the industry’s most rigorous security standards, allowing you to accept online payments worry-free.
Tap into the full potential of your business with the ARC Lite™ insight dashboard. You’ll be armed with the right insight to action on customer accounts including customer payment behaviors, aging receivable schedule, and top overdue accounts.
At VersaPay, the security of your customer and payment data is our top priority, which is why we ensure we meet the most rigorous security standards including PCI Level 1 Compliance. VersaPay is audited annually by third parties and continually abides by comprehensive security assessments and certifications to ensure we meet the highest standards as a certified security partner.
To learn more about ARC Lite™ and get a competitive quote, please speak to one of our payment specialists today to see how we can help fit into your billing process.
Let your accounts receivable staff focus on truly important things while ARC automatically looks after the basics.
VersaPay is a PCI Level 1 Service Provider, which means that we’ve passed the most rigorous on-site security audits, full penetration, and vulnerability testing. As a result, we provide the highest level of security for your customers’ data, payment, and card acceptance requirements.
Our cloud-based intelligent accounts receivable solution seamlessly integrates with your enterprise resource planning (ERP), and accounting systems. With VersaPay’s team of integration experts, we take on the heavy lifting with minimal involvement of your IT resources for integration, so they can continue to focus on your daily priorities.
So, you are thinking about launching a self-service invoicing and payment platform, but the big question is, will my customers use it? VersaPay has that covered with our e-adoption program and express user adoption. Our client success managers will help you move customers from the paper-based, email process they know, to an online invoicing system they will love. VersaPay has a successful program to make your customers happy and move them online to your self-service portal.
Looking for more insights, tips, and general information on accounts receivable automation? Check out the links below.
Simplify and automate your subscription and recurring billing so you can focus on what’s important – growing your business. VersaPay has built one of the leading billing solutions on the...
Learn More »
Welcome to your accounts receivable platform with automated invoicing, effective collaboration, flexible payments and cash application to improve efficiency and customer relationships.
It’s no secret that there is a cost to credit card acceptance. Actually, it is one of the main reasons cited by B2B companies for not accepting credit cards. According to...
Do you like the sound of getting get paid faster and improving customer satisfaction? If so, you’re ready for accounts receivable automation.
Connect with us to enable a secure, self-service platform for your staff and customers to future-proof your business for the online world, before your competition does: