Toronto, ON – February 9, 2016 – Versapay Corporation (TSXV: VPY) ("Versapay" or the "Company"), a leading provider of cloud-based invoicing, accounts receivable management and payment solutions, today announced that Hadrian Manufacturing Inc. has signed an agreement with Versapay to automate their accounts receivable process using the Versapay ARC platform.
“As with any manufacturing business we are in a competitive space. Moving to the Versapay AR solution enables us to become even more competitive as it allows us to be more efficient in day-to-day operations,” noted Rob Snyder, VP, Finance at Hadrian.
“One of the other key outcomes we are excited about is that the Versapay solution enables us to enhance our customer experience. We are constantly on the lookout for better ways to serve our customers and upon seeing this new approach to accounts receivable we immediately wanted to adopt it.” “The manufacturing sector is showing great interest in the ARC solution as evidenced by the many manufacturing firms we are in discussions with,” observed Craig O’Neill Versapay’s CEO. “Our solution is ideally suited to a number of the challenges they are facing and we are gaining some excellent ground as a result.”
About Hadrian Manufacturing Inc.
Hadrian Manufacturing Inc. is a worldwide supplier of quality toilet partition and locker products. Hadrian was the first manufacturer to powder coat toilet partitions and has continued to embrace new technologies and materials in order to offer architects, designers and end-users more flexibility in design. Hadrian’s wide range of toilet partition products includes; powder coated metal, stainless steel, embossed stainless steel, and solid plastic. Lockers are available in Emperor (corridor), Gladiator (athletic) and replacement front styles.
Versapay is a leading cloud-based invoice presentment and payment provider for businesses of all sizes. Versapay’s ARC software-as-a-service offering allows businesses to easily deliver customized electronic invoices to their customers, to accept credit card and EFT payments and automatically reconcile payments to their ERP and accounting software. Versapay is headquartered in Toronto, Canada and also has operations in Montreal. More information about Versapay can be found on the Company's website at www.versapay.com or under the Company's profile on SEDAR at www.sedar.com.
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