Streamline existing accounts receivable processes

By opting for an accounts receivable automation platform that manages all invoice and payment information in one central location, you can eliminate time-consuming manual processes, speed up invoice delivery, resolve disputes more efficiently, and improve customer experience. Doing so will reduce your accounts receivable costs by 40-60%. That’s a savings opportunity no B2B organization should leave on the table.

Future-proof accounts receivable

The world is going digital – and so should your business. Our accounts receivable automation solution allows you to improve customer relations and future-proof your business for the online world. Through your own web portal, you can publish invoices, accept payments, track the status of your receivables, send customized reminders, and automatically reconcile back to your enterprise resource planning (ERP) system. Customers, who demand self-service in an increasingly digital environment, can access their own invoicing and payment portal to manage all aspects of their account at their fingertips, when and where they want to.

Ensure cost-effective and secure online payments

With our cloud-based platform, you can securely and cost-effectively accept payments like electronic funds transfer (EFT), Automated Clearing House (ACH), and credit card. By switching to electronic payments, you will eliminate the cost of manual tasks like re-keying remittance data into your system or matching payments to invoices. As a PCI Level 1 Service Provider, you can conduct business worry-free, knowing that you are PCI Compliant with your customer payment data, and operating in a secure environment.

Terry Fox Foundation logo.

“Working with the team at VersaPay has been a great fit for The Terry Fox Foundation. We are pleased to have developed a long term relationship with VersaPay and continue to utilize their services for online donation processing. In addition to their online processing, VersaPay helped us deploy more payments devices for the 2014 run sites than in any previous runs to date.”

The Terry Fox Foundation Amy Brosinski, Financial Controller

Refocus your accounts receivable staff on high-value efforts

Our automation platform enables your accounts receivable team, to spend less time on resending invoices, matching payments to invoices and other low-value tasks, and instead focus on improving what matters to your business – making customers happy and getting paid faster. By providing information like days sales outstanding (DSO) metrics, payment types, top overdue accounts, and records of customer disputes and inquiries, VersaPay ARC empowers your staff to be more productive and strategic for your business.

Solve the paper problem

By automating your accounts receivable, you can remove the need for submitting invoices in paper form, reducing the cost of paper, postage, and the associated labor costs and cycle time. Our platform lets you collaborate with your customers anywhere through your own web portal where users can receive, view, and pay their invoices.

The right platform for your needs

Let your accounts receivable staff focus on truly important things while ARC automatically looks after the basics.

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PCI Compliance

VersaPay is a PCI Level 1 Service Provider, which means that we’ve passed the most rigorous on-site security audits, full penetration, and vulnerability testing. As a result, we provide the highest level of security for your customers’ data, payment, and card acceptance requirements.

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System Integration

Our cloud-based intelligent accounts receivable solution seamlessly integrates with your enterprise resource planning (ERP), and accounting systems. With VersaPay’s team of integration experts, we take on the heavy lifting  with minimal involvement of your IT resources for integration, so they can continue to focus on your daily priorities.

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Customer Adoption

So, you are thinking about launching a self-service invoicing and payment platform, but the big question is, will my customers use it? VersaPay has that covered with our e-adoption program and express user adoption. Our client success managers will help you move customers from the paper-based, email process they know, to an online invoicing system they will love. VersaPay has a successful program to make your customers happy and move them online to your self-service portal.