17 10, 2018

VersaPay Welcomes NDH As Our Newest Partner

2019-01-14T11:40:00-04:00October 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

2019-01-14T11:40:21-04:00September 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

2019-01-14T11:40:28-04:00September 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

21 08, 2018

VersaPay Adds ShopOne To Growing List of Commercial Real Estate Clients

2019-01-14T11:40:39-04:00August 21st, 2018|

New York, NY ; Toronto, ON – August 21, 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 is has signed ShopOne as its newest client, further solidifying its leadership position in Commercial Real Estate (CRE). “VersaPay’s solution is the perfect fit to help us scale our business and provide a great experience for our rapidly expanding tenant community,” commented Joe LoParrino, Chief Accounting Officer for ShopOne.  “By providing better tools for our tenants we make it easy for them to do business with us and we receive payments faster and can manage the business more proactively.” This newest client was introduced by NTrust, a global CRE technology and services company, and an active member of VersaPay’s referral partner program. Working together, NTrust introduces VersaPay to Read More

24 07, 2018

VersaPay Inks Deal With Large US Distributor

2019-01-14T11:40:47-04:00July 24th, 2018|

Toronto, ON – July 24, 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 a major distributor (the “Client”) has selected VersaPay ARC as its AR and collections management solution for its U.S. and Canadian operations. The Client was actively seeking a solution that would manage and reduce the use of paper invoices, provide a best-in-class online experience for customers, and automate the collections process, replacing its existing collections management solution. VersaPay’s technology was selected as it is the only integrated platform to deliver all of this and more. ARC will automate the end-to-end invoice-to-cash process for over 200,000 invoices per month delivered in 3 languages across North America. “We are delighted to add another large distributor to our rapidly growing client list and are extremely Read More

10 07, 2018

VersaPay Signs Boston Properties to ARC Platform

2019-01-14T11:41:00-04:00July 10th, 2018|

BOSTON and TORONTO, July 10, 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 signed Boston Properties, one of the largest owners of first class office properties in major US cities, to implement ARC, VersaPay's accounts receivable and collections management solution. Boston Properties continues to scale their business and property ownership through active developments and acquisitions of assets across the United States. The company sought an automated receivables and payment solution to streamline its receivables and collections processes and equip its team with data and tools to serve tenants more effectively. "When you are spending a higher percentage of time collecting smaller outstanding amounts, how do you change the dynamic with tools that enable more effective interaction with your customers," said Jim Whalen, SVP and CIO/CTO of Boston Properties. "VersaPay has built Read More

18 06, 2018

VersaPay Announces Addition of a Top Accounting Firm to Growing Client List

2019-01-14T11:41:07-04:00June 18th, 2018|

Toronto, ON – June 18, 2018 – VersaPay Corporation (TSXV: VPY) ("VersaPay" or the "Company"), 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 large accounting firm (the “Client”) has signed a contract to implement ARC. The Client had been actively seeking a receivables and payment solution that would streamline internal processes while delivering better service to their customers and reducing Days Sales Outstanding (DSO). After carefully considering building in-house, the Client recognized that VersaPay’s solution offered the functionality they had in mind and even more, and they could implement ARC quickly, allowing them to achieve benefits sooner and focus development resources on other business priorities. “We are delighted to be working with another top accounting organization as we see forward looking firms seek out receivables solutions that will improve their financial Read More

5 06, 2018

VersaPay Signs Raleigh Enterprises as ARC Client

2019-01-14T11:41:20-04:00June 5th, 2018|

Toronto, ON – June 5, 2018 – VersaPay Corporation (TSXV: VPY) ("VersaPay" or the "Company"), 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 Raleigh Enterprises (“Raleigh” or the “Client”) has signed with the Company to implement ARC. Raleigh Enterprises owns four distinct companies each servicing a unique segment of the real estate market. Raleigh was seeking a solution that would allow them to eliminate their reliance on paper-based forms while providing a holistic view of the outstanding receivables across their multiple lines of business. “After an extensive search for a solution that would seamlessly integrate across all four of our companies, it became clear that VersaPay’s technology was the best solution available on the market,” said Lisa Campanaro, COO of Raleigh Enterprises. “VersaPay’s ability to manage the AR process and also provide Read More