How Versapay Delivered 305% ROI on Accounts Receivable Transformation
- 2 min read
ROI. As the economy slows and budgets tighten, these three letters become more critical than ever.
Demonstrating ROI is key to successful digital transformations, so we commissioned a Total Economic Impact™ study from Forrester Consulting to provide a framework for building your own business case.
After surveying four Versapay clients and aggregating their experiences into a single composite organization, the study found something significant:
A 305% ROI over three years, resulting in a gain of $8.53M.
In this webinar, we’ll:
- Review the study,
- Review its methodology, and
- Show how our Collaborative AR and Cash Application solutions made it happen.
You’ll also learn how the composite organization representative of our interviewed clients:
- Reduced check payments and customer phone calls by 70%-80%, saving nearly 35,000 administrative hours per year
- Lowered customer churn, preserving up to $12.75M in sales revenue annually by year 3
- Cut bad debt by 60%, for annual savings up to $4.9M by year 3
Everything you need to turn AR into a value driver once and for all.