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.
Download Video Transcript
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.”
Why Your AR Processes Might Be Stuck in the 80s—and What It’s Doing to Your Cash Flow
Jan 28th, 2021
Much has changed since the 1980’s thanks to rapid advancement in technology. So why haven’t most accounts receivable departments caught up? Learn how outdated AR processes could be hurting your cash flow.
4 Steps For Turning Accounts Receivable Into a Strategic Growth Driver
Jan 14th, 2021
Inefficient accounts receivable processes leave cash trapped in operations for long periods of time, stopping you from investing in growth opportunities. In this blog, we share 4 strategies for speeding up the cash conversion cycle.
Shopping Small: How We Partnered With Batch This Past Holiday Season
Jan 13th, 2021
Small businesses need our support now more than ever. This past holiday season we had the opportunity to partner with one of our own small business clients, Batch, to send out our company gifts. Read about our experience with them in this blog.
