16 10, 2019

VersaPay Signs Supply Chain Company

2019-10-16T09:53:16-04:00October 16th, 2019|

Toronto, ON – October 16, 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 it has signed a North American supply chain solutions provider (the “Client”) with more than 500 operating locations and 60,000 carriers. The Client recently acquired a company that has been using VersaPay ARCÒ for more than two years, and their experience has been so positive that they recommended the solution to their new parent. After reviewing the results their newly acquired division had achieved with ARC, the Client elected to implement the solution across its entire business, providing a great self-serve experience to its customers, and driving cost savings in the Finance department. “We are very pleased to work alongside this North American supply chain company as they automate their AR process Read More

1 10, 2019

VersaPay Adds Another Large US Distribution Company to Growing Client List

2019-10-01T08:46:29-04:00October 1st, 2019|

Toronto, ON – October 1, 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 it has been selected by another large US distributor (the “Client”) to implement VersaPay ARC to transform their invoice-to-cash process. The Client, a distributor of heating, air conditioning, refrigeration equipment and supplies continually seeks to provide their customers and contractors unsurpassed customer service and support. Recognizing billing and payment as important parts of the overall customer experience, they decided to substantially improve their accounts receivable and collections processes. VersaPay ARC was selected for its ability to make billing and payment easy for customers. The client issues 70,000 invoices per month and is looking forward to achieving over 80% customer adoption and enthusiastic customer reviews. VersaPay will replace an existing AR solution with Read More

30 07, 2019

VersaPay Signs Multibillion-Dollar Media Company

2019-07-30T08:44:37-04:00July 30th, 2019|

Toronto, ON – July 30, 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 a multibillion-dollar US based media company has selected ARCâ to automate its invoice-to-cash process. The client sought a solution that would provide a superior customer experience in an online environment. After recognizing the challenges of developing in-house software to meet its AR process needs, drive strong customer engagement, and provide highly secure payment processing, the client discovered VersaPay’s technology and its proven track record of driving customer adoption levels of 80% or more.  With ARC, the client can now offer a tailored online experience to each of its customers, a key factor in its strategy to expand the business. “This is a prime example of the power ARC provides for large companies Read More

5 06, 2019

VersaPay Adds Large Drainage Company to Expanding Client Portfolio

2019-06-06T09:13:32-04:00June 5th, 2019|

Toronto, ON – June 5, 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 it has signed an agreement with a billion dollar drainage enterprise (“The Client”) who will use ARC® to support its invoice-to-cash process. The Client was seeking a fluid and easy to use end-to-end platform to manage its receivables operations and selected VersaPay over its largest competitor after a thorough evaluation process. ARC was seen to be a game changer in advancing the experience the client could provide to its customers. In addition to the superior functionality offered by the platform, the client appreciated VersaPay’s long-term strategic partnership orientation. “We continue to focus on expanding our presence in the large enterprise market,” said Craig O’Neill, Chief Executive Officer of VersaPay. “This new client Read More

16 05, 2019

VersaPay Signs Large Retail REIT as Newest ARC Client

2019-05-16T08:45:31-04:00May 16th, 2019|

Toronto, ON – May 16, 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 it has signed another major US REIT to add to its growing client list in commercial real estate. With properties across the US, the client sought a solution that would drive strong tenant adoption and convert its high volume of check payments to digital. Versapay ARC creates an online payment experience for tenants that is convenient, secure, and if the tenant chooses, fully automated. VersaPay’s deep experience with MRI integrations further solidified the client’s choice to move online with ARC. “Our focus on automating the receivables process while enhancing the tenant experience has been very successful for our clients,” stated Craig O’Neill, Chief Executive Officer of VersaPay. “The commercial real estate sector Read More

30 04, 2019

VersaPay Announces Signing of a Top 10 US Craft Brewery

2019-04-30T01:18:33-04:00April 30th, 2019|

Toronto, ON – April 30, 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 a top 10 US craft brewery has selected ARC® to automate its accounts receivable process. As a rapidly growing company, the brewery sought an innovative, yet quick-to-deploy solution that would automate much of the AR process and help scale the business without adding to the workforce. Now with ARC in place, the brewery offers customers the flexibility and convenience of paying online and has eliminated the manual work associated with collecting and accounting for payments. “We are pleased to welcome our first craft brewery to the VersaPay community, a further illustration of the need for our technology across diverse industry sectors,” said Craig O’Neill, CEO of VersaPay. “Through automation and customer self-service, Read More

21 02, 2019

VersaPay Adds Sporting Goods Giant Amer Sports to Growing Client List

2019-07-22T09:44:44-04:00February 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, Louisville 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

2019-01-27T16:58:13-04:00January 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