AUTOMATED COLLECTIONS
The Better Way to Get Paid
We're putting an end to confrontational and ineffective collections. Put your customers first and let your DSO and effectiveness metrics do the talking.
Hands-Free Collections
Your team is spending too much time on mundane, repetitive tasks - so we've taken those tasks and automated them. We've also assembled a powerful suite of collaborative tools for your team to work with those customers who can't (or won't) pay. The result is an AR process that is finally built for scale.
Real-Time Dashboard & Data
The days of relying on stale aging reports, scheduled exports, and spreadsheets as a means of analysis are over. Quickly navigate through company, division, invoice, and line item data so that you can get a true sense of the status of your outstanding receivables - all 100% in sync with your core financial systems.
Inline Task Management
We get that good customer relationships are not built on automation alone - so while we've focused on automating the tasks that should be, we support that with the tools your team needs to effectively manage and build great customer relationships throughout the AR cycle.
“With the VersaPay solution we can effectively manage all aspects of invoicing, accounts receivable and payments in a PCI compliant environment, provide automatic notifications and reminders, and save a great deal of time by automating many routine tasks. The enhancements enable us to focus more time on our customers.”
Customer Behavior Analytics
Never wonder about the status of an invoice again. Whether it was sent online or via mail, we let you know the status of every invoice. Every invoice sent electronically also comes with the added benefit of complete visibility into who has seen the invoice.
Quick Dispute Resolution
Whether it's questions, errors and omissions, or missing documentation, we've given your collectors and customers fast and easy ways to identify issues, exchange documents, loop in the right people and get to resolution and payment quickly.
The Collections CRM
We build solutions with your customers and collectors in mind - and the end result is a central, single source of truth for everything related to your AR process. From communication history through to transaction records, everybody knows that ARC is the place to go to get AR work done.
Uncover tips and best practices to become more effective in your role, be inspired by Versapay client success stories, and stay up-to-date on the latest Versapay news. We work hard to ensure you and your team are on the forefront of digital transformation in finance.
Putting the Spotlight on Women-Owned Businesses: Earth Rated
Mar 26th, 2021
To close out Women’s History Month, we’re spotlighting a woman-owned business in our network exemplifying strong core values and innovation. Read about Earth Rated and what they do in this blog and learn why supporting women-owned businesses is more important than ever during the pandemic.
Why a Great Customer Experience Is What’s Missing From Your Accounts Receivable
Mar 25th, 2021
How companies collaborate and engage with their customers has a significant impact on accounts receivable. Follow these four steps to reinvent your AR process and enhance your customer experience. Not only will you provide a more integrated and enjoyable payment experience, but you’ll also get paid faster.
3 Things I Wish I Knew in My Time as an Accounts Receivable Specialist
Mar 18th, 2021
Without the right tools and systems, the job of an accounts receivable specialist can be an arduous one. In this blog, I share 3 insights I wish I knew back when I worked in AR that would have made my life much easier.
