Toronto, ON – August 14, 2018 – Versapay Corporation (TSXV: VPY) ("Versapay"), a leading provider of cloud-based invoice-to-cash solutions including electronic invoice presentment and payment, automated accounts receivable, cash application and collections management, is pleased to announce that is has introduced a completely new mobile app for its accounts receivable platform, ARC, to make access from anywhere, anytime even easier.
The new mobile app further enhances users’ experience of the ARC platform on smartphones and tablets. End customers can view invoices, payments and credits, set up their wallet, and pay invoices easily and securely from their mobile device.
“Our unrelenting focus on end-customer adoption has driven positive results, with many of our clients seeing 70-80% or more of their customers using ARC to receive their invoices and pay online,” said Craig O’Neill, CEO of Versapay. “This new release represents a major step in enabling workers on the move to engage with ARC quickly and conveniently from wherever they are, and we expect this to drive our customer adoption rates even higher.”
Versapay is a Fintech company and leading provider of cloud-based invoice-to-cash solutions, enabling businesses to provide a superior customer experience, get paid faster, streamline financial operations, and dramatically reduce DSO and costs. Versapay ARC is the new standard in accounts receivable and collections management with a customer self-service environment to view invoices online, collaborate on inquiries and disputes, and facilitate secure online payments (EFT/ACH and credit card). Businesses gain access to a suite of powerful tools that enable efficient collections, cash application and real-time insight into accounts receivable. Versapay ARC automatically reconciles payments and account information through integrations with a wide range of ERPs and accounting software providers.
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