Beta
Versapay
4.2
15

Not Claimed

Versapay is a SaaS company that offers a Collaborative Accounts Receivable Network solution. They have offices in Toronto, Atlanta, London, Amsterdam, Sydney, and Miami, and are owned by Great Hill Partners. They have over 8,000 clients and 800,000 engaged buyers, and handle 40+ million new invoices and $60+ billion in global payment volume annually.
Strengths
  • Automation

    Automates the entire invoice-to-cash process

  • Integration

    Integrates with various accounting and ERP systems

  • Analytics

    Provides real-time analytics and insights into cash flow

Weaknesses
  • Pricing

    Pricing may be high for small businesses

  • Customization

    Limited customization options

  • Implementation

    Implementation may be complex for some businesses

Opportunities
  • Growing market demand for invoice-to-cash automation solutions
  • Opportunities for partnerships with accounting and ERP software providers
  • Opportunities for international expansion
Threats
  • Intense competition from other invoice-to-cash automation providers
  • Economic downturns may impact demand for the product
  • Changes in regulations may impact the product's compliance and functionality

Ask anything of Versapay with Workflos AI Assistant

https://www.versapay.com/product/arc-overview
Apolo
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What are the pros and cons of the current application?
How are users evaluating the current application?
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Review Distribution

  • 👍
    High - rated users

    The ease of use and it's customer-friendly platform. The automatic notifications feature eliminates the time it requires to follow up with customers who have outstanding invoices. Tagging customers in to different categories helps develop lists and keeps you from scrolling through page after page. Our company has saved an extensive amount of time and money in man hours by switching to Versapay. Any questions that arise are quickly answered by customer support, usually within the hour. Having a support team as exceptional as Versapay's standing by is what makes this software a class above the rest.This software keeps improving and they listen and deliver on what clients are requesting. Any request I have made has been implemented with new updates, or customer support solves the issue for us in a timely manner. Therefore, I have no complaints about this software.

  • 🤔
    Average - rated users

    VersaPay has a great UI which is easy for both AR/Collections staff and Tenants to navigate.VersaPay should look into additional reporting capabilities within the tool.

Media

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Versapay Plan

Versapay offers a subscription-based pricing model with three versions, starting at $5,000 per year, with additional features available at higher tiers.
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