Versapay goes beyond traditional automation by giving your AR team real-time collaboration and dispute management tools to boost efficiency and accelerate cash flow.
Unlike Quadient AR by YayPay’s traditional approach to AR automation, we dramatically improve your customers’ experience through collaboration.
Automation that eliminates inefficient, manual processes is just one piece of the pie. Versapay empowers the genius of teams with Collaborative AR automation that transforms your customer’s experience from invoice to cash collection.
By connecting buyers and sellers over the cloud through a dedicated portal, we create efficiencies traditional AR automation simply can’t.
Increase efficiency by automating virtually all routine accounts receivable tasks in the cloud, including invoicing, collections reminders, payment processing and reconciliation. Plus, automatically sync all data back to your ERP.
Go beyond automation and transform your AR processes by collaborating with customers throughout the invoice and payment lifecycle. This includes messaging directly on invoices, so you can resolve disputes faster and with better documentation, improving customer experience.
Here’s why it matters:
Unlike Quadient AR by YayPay, we go beyond automating accounts receivable and streamlining back-office processes. Our collaborative approach connects your AR team and customers to deliver a superior experience and keep cash flowing.
Versapay gives you one-of-a-kind collaboration features that let you resolve disputes at the invoice level with real-time messaging directly in the portal—so you never need to resend invoices.
Versapay’s Collaboration Cloud provides your customers with 24/7 access to their account information, providing unparalleled transparency, and streamlining communication and dispute resolution with built-in collaboration features.
Plus, our invoice matching capabilities use AI and ML to match payments to open receivables with 90%+ straight-through processing. That’s why industry leaders choose Versapay to automate their accounts receivable, including:
Quadient AR by YayPay focuses on automating back-office AR processes. But if those processes are already broken, what good does automating them do? Versapay’s Collaborative AR solution takes manual AR tasks off your hands—and gives you the collaboration tools to solve challenges automation alone can’t.
As a payment facilitator, we manage the underwriting process (you’re up and running fast) and have considerable control over your experience (no third parties!) including transaction processing, chargeback management, and streamlined billing processes.
Plus, we’ll reduce the number of vendors you need to manage.
Share data and account information with your customers in real time by collaborating in a cloud-based portal. Address questions, errors, or missing documentation, and get clarity on unapplied payments.
A shared portal means you and your customers are always engaged and working collaboratively.
Quadient AR by YayPay does not offer collaboration features.
We streamline operations with zero-touch collection tools and timely notifications, and guide collections by delivering valuable, actionable insights into which customers require immediate attention and intervention.
Traditional AR automation platforms like Quadient AR by YayPay do a good job of relieving pain around wasted time, underutilized talent, and delayed cash flow. But what they don’t do well is solve for your most important stakeholders—your customers.
There’s a communication gap between your customers and AR department—the AR Disconnect. It causes significant issues that automation alone won’t fix. In fact, relying only on automation to bridge the gap could make things worse. To transform your AR, you need drastically improve the customer experience, which Versapay’s Collaborative AR platform achieves in spades.
Versapay solves a mundane and complicated problem that companies spend a tremendous amount of time, energy, and dollars trying to. After deploying, our customers are happy to have a handle on everything and can have more meaningful, natural interactions with us.
Talk with an expertnstration of Versapay’s Collaborative AR automation platform. Discover how pairing self-service cloud-based tools that foster collaboration and transparency with world-class automation technology will eliminate many of the problems that slow down payments and drive inefficiency.
Not ready for a demo? How about seeing how your accounts receivable stacks up against peers and how to set your AR team up for success?
Take our 6-minute assessment and learn exactly where you are in your digital AR journey and how Versapay can help you achieve your goals. We’ll:
Collaborative Accounts Receivable is a new, customer-focused way of managing receivables—and you’ll only find it with Versapay.
Instead of just automating back-office AR tasks, Collaborative AR also connects buyers and sellers over the cloud to speed up payments, eliminate inefficiencies, and deliver significantly better experiences.
Traditional AR involves a standard set of processes for managing what a company's customers owe for goods/services they have provided but have yet to receive payment for.
It relies highly on manual tasks and back-and-forth communication over outdated channels like phone and email. Collaborative AR, on the other hand, streamlines accounts receivable processes by connecting buyers and sellers digitally, over the cloud, allowing unparalleled communication and transparency.
Versapay’s Collaborative AR automation platform and B2B payment network transform AR departments to drive efficiency, accelerate cash flow, and dramatically improve the customer experience.
It does this by connecting AR departments with their customers over the cloud. This approach empowers collaboration and transparency, eliminating many of the problems that slow down payments and cause inefficiencies while empowering customers with self-service.
Quadient AR by YayPay focuses largely on automating existing AR processes such as payments, collections, and cash application.
While efficient, it’s an approach that does not transform core AR processes, especially how they are perceived by users’ clients.
Companies across a wide variety of industries use Versapay, including but not limited to manufacturing, distribution, and commercial real estate.
We typically serve Mid-Market and Enterprise-level companies, though we welcome businesses of all sizes. Companies that use Versapay also tend to be those who are looking to truly transform AR, rather than just automate back-office tasks.
Quadient AR by YayPay customers are often those focused on using automation exclusively, rather than empowering collaboration, to improve efficiencies and speed up cash collections.
Companies of various sizes from a variety of industries are Quadient AR by YayPay users.
Our teams are committed to helping you find the answers you need to successfully transform your AR department.
Beyond our dedicated implementation specialists, we offer comprehensive phone and email support.