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

2019-03-08T11:10:03-04:00February 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, 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

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

12 12, 2018

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

2019-01-14T10:50:57-04:00December 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

2019-01-14T11:38:29-04:00November 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.

2019-01-14T11:39:48-04:00November 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