BANK RECONCILIATION AUTOMATION
Make Sure Money Goes Where It Belongs
This is the last mile for accounting—we make sure that your books reconcile with your bank statements, and that the cash is in the right place.
Simplified Settlement
Rest assured that your money is ending up where you want it. We make sure that 100% of your digital payments are tracked from your customers’ accounts to yours by configuring settlement rules for automated deposits and reconciling both single and aggregate deposits automatically.
Support For Where You Bank
Receive support no matter where you bank. We connect with over 200 banks to quickly uncover and resolve payments that are delayed and missing, so you can be sure that your money is in the right place.
Aggregate Payment Support
Skip the back-office pain when electronic payments land in your account as an aggregate deposit. We take the burden off your team and put our powerful algorithms to work to analyze and decipher these payments and quickly identify exceptions that your team can act on.
“The Versapay platform will provide our accounting team with a better view of our customer accounts and facilitate greater collaboration with our customers. Our team can receive payments online and automatic reconciliation will save us a great deal of time.”
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.
11 Award-Winning Accounts Receivable All-Stars
May 19th, 2021
In celebration of National Accounts Receivable Appreciation Day, we’re recognizing the teams and individuals driving their organization’s success by transforming the AR function. Learn how these 11 AR All-Stars created efficiencies and accelerated cash flow through digital transformation.
The Top 5 Mistakes Merchants Make That Cause Security Vulnerabilities
May 13th, 2021
The ecommerce boom has brought with it an increasing number of cyberattacks. Merchants should avoid these 5 mistakes that lead to security vulnerabilities.
How To Get Paid Faster by Collaborating With Your Customers Over the Cloud
May 13th, 2021
The lengthy process of dispute management is a big contributor to stalled payments. Learn how collaborating with your customers over the cloud throughout the entire billing and payment process can get you paid faster.
