A/R Automation for Media
- Automate Your Workflows: Reduce manual processes in the Accounts Receivable process by up to 70% and refocus your team’s efforts on adding value for your customers.
- Centralize Invoices and Supporting Documentation: Provide your customers with an online hub for invoices, supporting documentation, and payment options.
- Resolve Disputes in Real-Time: Your customers are able to collaborate with your A/R team online, in real-time, to get questions answered and disputes resolved quickly.
Reduce your DSO By 5 – 25+ Days
With VersaPay ARC Cloud-based platform
While your business is working hard to move content online, you are still running an AR process which is offline – highly manual and paper or email-based.
Out-dated AR process cause delays, and delays in collecting receivables are costly to your business. Emails are better than paper, but it still takes valuable time to create emails and attach necessary documentation (such as tearsheets and contracts), and manual follow-up is still necessary. There is a better way.
Reduce Manual Collections Effort by 70%
Powered by over 150 intelligent notifications, ARC will take care of notifying and following up with your customers as invoices move through the payment cycle. Contextual notifications are sent automatically, addressing key areas such as statements, balance reminders, and payment alerts. By automating these historically mundane tasks, your teams can focus their effort on adding value to the customer experience.
Centralize Your Customer Information and Activity
ARC seamlessly integrates with your existing ERP and billing systems, enabling a 360 view of your business and associated customers. By doing so, your teams now have a single source of truth for all collections-related information, that is live and maintained in real-time. Eliminate time wasted due to incomplete or outdated information historically caused by disparate tools used in the A/R process.
Experience Results in Weeks
With an industry-leading adoption rate of 75% and the ability to go live in as few as two weeks, you will be well-positioned to drive results within a quarter. ARC has been designed and built to be scalable and customizable out of the box to ensure that it will connect with your existing ERP and processes smoothly.
Whether you’re exploring A/R automation for the first time or building the business case to begin a project, our quick ROI calculator will show you the specific savings available to your business.
Take a couple of minutes to understand the compelling case for automating your AR.Calculate Your Savings