We're putting an end to confrontational and ineffective collections. Put your customers first and let your DSO and effectiveness metrics do the talking.
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.
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.
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.”
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.
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.
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.
The Better Way To Manage Sales Discounts With AR Automation
Sep 16th, 2020
Sales discounts is a great way to incentivize early payments. But, managing and accounting for them can mean added work for your finance team. Here are 4 ways you can better enable your team to manages sales discounts and drive efficiencies.
8 Ways You Can Automate Your Collections Process
Aug 26th, 2020
It’s no secret that your collections process can be incredibly mundane, leaving your finance team unmotivated to complete their work each day. We’ve assembled eight strategies we recommend when looking towards collections automation.
What it’s Like to Be a Marketing Intern at Versapay
Aug 19th, 2020
I made the life-changing decision six years ago to move to Toronto from China for my education. It should come as no surprise then that I’m someone who loves taking on new adventures and challenges—and my co-op term with Versapay was just that.