21 02, 2019

VersaPay Adds Sporting Goods Giant Amer Sports to Growing Client List

2019-03-08T11:10:03+00:00February 21st, 2019|

Salt Lake City, UT ; Toronto, ON – February 21, 2019 – 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 Amer Sports as the newest client to implement VersaPay ARC®. Seeking an online portal that would allow thousands of customers of all sizes to manage and pay invoices, Amer Sports has elected to implement VersaPay ARC as its central receivables management platform for its Wilson Sporting Goods Co. and the Winter and Outdoor brand. Initially, the company had planned to develop its own internal payment portal to integrate with clients, however found VersaPay’s technology to allow for faster implementation at a fraction of the cost. Owning major brands including Salomon, Atomic, Lousville Slugger, and Wilson, the company will initially roll out ARC across its North American and Canadian Read More

23 01, 2019

VersaPay Adds Kite Realty Group Trust as Latest REIT Client

2019-01-27T16:58:13+00:00January 23rd, 2019|

Indianapolis, IN ; Toronto, ON – January 23, 2019 – 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 Kite Realty Group Trust (the “Client”) has selected ARC© as its receivables solution. “Our team is focused on an efficient transformation. In exploring an enhanced approach to connecting with our tenants, we quickly realized that receivables management required a comprehensive solution – one that could leverage the MRI API, provide sales reporting, securely accept multiple electronic payment options, and enable enhanced automation,” said David Buell, SVP and CAO for Kite Realty Group. “VersaPay ARC offers extensive functionality and ease-of-use for our colleagues and tenants. VersaPay’s team has been great to work with and we expect to see strong tenant adoption.” Kite Realty Group relies on MRI Software, a global Read More

12 12, 2018

VersaPay Signs Contract With Large Pest Control Firm To Provide Invoice-To-Cash Solution

2019-01-14T10:50:57+00:00December 12th, 2018|

Toronto, ON – December 12, 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 it added a large U.S. based pest control provider (the “Client”) to its rapidly expanding client base. With a robust and growing national accounts program, the Client sought a solution to automate the collections process and allow them to migrate away from printed invoices and eliminate paper-based processes. With their company-wide initiative to reduce receivables aging and establish conditional customer payment options, VersaPay’s intelligent receivables software enabled the new direction. A platform to support their growth was a critical aspect of the solution as well as ensuring data and payments are managed efficiently and securely. “We are proud to welcome this new enterprise to the VersaPay portfolio of clients and look forward Read More

13 11, 2018

VersaPay Signs Ideal Supply as Newest Distribution Client

2019-01-14T11:38:29+00:00November 13th, 2018|

Toronto, ON – November 13, 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 Ideal Supply, a leading electrical supply distributor, is the latest distribution company to sign up for VersaPay ARC®. Historically issuing a high volume of paper invoices across regional clients and receiving payment via cheques, Ideal Supply was seeking a frictionless solution that would lower processing costs, reduce the receivables timeline and offer an improved customer experience. With VersaPay ARC, Ideal Supply’s customers will have access to their invoices and supporting documents 24 x 7, 365 days a year, through a secure customer portal. The customers will experience a consistent Ideal Supply branded environment that is intuitive, easy-to-use and PCI Level 1 secure. “VersaPay offered an innovative solution that accelerates our digitial transformation.  ARC Read More

1 11, 2018

VersaPay Adds J.J. Haines The Largest Flooring Distribution Company In The U.S.

2019-01-14T11:39:48+00:00November 1st, 2018|

Baltimore, MD ; Toronto, ON – November 1, 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 J.J. Haines & Company, LLC., the largest flooring distribution company in the United States has become the latest ARC client, making it the third new distribution client in the past few months. The client was seeking a solution that would transform their day-to-day receivables process through automation while creating a better and more efficient customer experience. “VersaPay ARC quickly became the clear cut answer to help us reshape our invoice-to-cash operations including a simplified payment and cash application process as well as automated dispute resolution,” said Reid McCarthy, CFO for J.J. Haines. “As our business continues to grow, having a trusted partner in VersaPay that offers the flexibility and Read More

17 10, 2018

VersaPay Welcomes NDH As Our Newest Partner

2019-01-14T11:40:00+00:00October 17th, 2018|

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 NDH has joined the VersaPartner Program. Founded in 2003 by three former Arthur Andersen professionals, NDH is a skilled professional services firm providing services in the areas of accounting, tax and accounting technology. NDH Partner Seth Pomeroy highlighted the strategic alignment between NDH’s services, VersaPay’s ARC platform, and the need they see in their clients’ AR operations. “The benefit of ARC is immense - it quickly allows our clients to automate their cashflow work processes, while enhancing and accelerating collections. VersaPay’s knowledge and experience with Intacct, combined with the sophistication and configurability of the platform, has the potential to drive significant impact for our clients.”   “We’re pleased to welcome NDH as our latest partner”, said Gary Mirsky, VP of Partnerships, at VersaPay. Read More

27 09, 2018

VersaPay Welcomes CompuData as a Gold Partner

2019-01-14T11:40:21+00:00September 27th, 2018|

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 CompuData, has joined the VersaPartner Program as a Gold Partner. After seeing the ARC platform in action, CompuData CEO Angela Nadeau quickly recognized the value the platform would bring to their client base. “We are excited to partner with VersaPay. Companies are always looking for ways to get paid faster and ARC really streamlines the entire AR process. The ease of the payment portal has the added benefit of improving the entire customer experience”, said CompuData President and CEO Angela Nadeau. By addressing key challenges in the AR process with a complete solution and eliminating manual tasks, ARC will allow companies to gain insight into customers’ behavior, reduce DSO, improve cash flow, and strengthen customer relationships. “We’re delighted that CompuData has joined our Read More

18 09, 2018

VersaPay Adds Second Large US Distributor in 2 Months

2019-01-14T11:40:28+00:00September 18th, 2018|

Toronto, ON – September 18, 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 it has added a $1 Billion US distributor to the list of enterprise companies that have selected ARC® as their invoice-to-cash solution. The client places a strong emphasis on driving digital transformation throughout their organization to promote engagement and realize efficiencies. Issuing approximately 140,000 invoices monthly, they sought a solution to service their customers with online tools that are intuitive and easy. ARC provides the capabilities they were looking for and more, including the ability to collaborate online with customers, automate collection tasks, and ARC can be easily integrated into the company’s existing eCommerce infrastructure. “We are pleased to see continued growth in our large distributor client list,” said Craig O’Neill, CEO Read More