Versapay

For growing businesses that need to accomplish more with less, Versapay’s Accounts Receivable Efficiency Suite simplifies the invoice-to-cash process by automating invoicing, facilitating B2B payments, and streamlining cash application with AI. Versapay integrates natively with top ERPs, while allowing businesses to collect with a self-serve payment portal and collaborate with customers and teammates to resolve what automation alone can’t.

Distinct from solutions built for Fortune 500s, Versapay provides responsive support, fast implementations, and the flexibility to start with what you need and add more as you grow.

Owned by Great Hill Partners, Versapay’s employee base spans the U.S. and Canada with offices in Atlanta and Miami. With 10,000 customers and 5M+ companies transacting, Versapay facilitates 110M+ transactions and processes $170B+ annually.

Versapay’s Features:

Accounts Receivable Automation:
Cloud-based accounts receivable automation software drives efficiency in the invoice-to-cash process by automating everything from invoicing to collections, streamlines payment acceptance, and empowers AR teams to collaborate with their customers to resolve issues that slow down payments. Versapay’s AR automation software includes a secure self-service online portal that gives customers access to shared invoice and account information and provides AR teams with real-time analytics for all billing and accounts receivable collections information.

Cash Application Automation:
Versapay’s automated cash application uses AI and machine learning to match traditional payments with open receivables, eliminate inefficient manual processes, and accelerate cash posting. Versapay’s cash application automation software works alongside your existing banking services—including lockboxes—to improve efficiency and reduce per-payment processing costs and errors.

Automated Payment Processing:
Payment processing solutions reduce manual processes and accelerate cash flow. Versapay’s payment processing software streamlines omni-channel payment acceptance, offers multiple payment options, and provides automated bank reconciliation, reporting, shopping cart integration, secure tokenized payments, and more.

ERP Payment Integration :
ERP payment integration software that enables AR teams to accept payments directly into their enterprise resource planning system from all sales channels. Versapay’s ERP payments solution offers native integration with numerous ERP systems including Microsoft Dynamics 365 Business Central, Sage Intacct, and Oracle NetSuite.

Electronic Invoicing :
Click-to-pay electronic invoicing streamlines invoice delivery and makes it easy for customers to pay a single invoice or multiple invoices. Versapay’s online invoicing features include real-time payment visibility, invoice customization, and automated cash application.

Virtual Card Acceptance Automation :
Virtual credit card acceptance improves the customer payment experience and accelerates cash flow. Versapay’s Virtual Card Connect eliminates the manual work of processing virtual card payments received by email and automates secure, straight-through payment processing, and reconciliation.