Finance Professionals Share their Accounts Receivable Challenges

We interviewed finance professionals, ranging from CFOs, Controllers to Credit and Collections specialists, to find out their accounts receivable challenges. We’ve captured their answers in this video above. Take a look to see how they are tackling these challenges with VersaPay ARC. 

The Challenges of Managing Accounts Receivable

Businesses today face many challenges when it comes to their invoicing and accounts receivable process. Some of the common challenges include: difficulty matching payments to invoices, constantly having to resend copies of invoices,  fielding many customer inquiries about invoices, offering a customer experience that is less than expected, unable to accept credit card payments in […]

VersaPay Announces Q3 2016 Financial Results

TORONTO-Nov. 29, 2016 – VersaPay Corporation (TSXV: VPY) (“VersaPay” or the “Company”), a leading provider of cloud-based invoicing, accounts receiv­able management and payment solutions, today announced the Company’s third quarter (Q3) financial results for the three-month period ended September 30, 2016. “We are very pleased with the growth in both our Software and Merchant Services businesses,” said Craig […]

VersaPay Enters Definitive Agreement for Sale of Merchant Services Portfolio

Toronto, ON – November 29, 2016 – VersaPay Corporation (TSXV: VPY) (“VersaPay” or the “Company”), is pleased to announce that it has entered into a definitive asset purchase agreement (the “Agreement”) with BluePay Canada, LLC, a wholly owned subsidiary of BluePay Processing LLC (“BluePay”) for the sale of all of the assets of its Merchant […]

VersaPay Announces Q3 2016 Financial Results Conference Call

TORONTO- Nov. 17, 2016 – VersaPay Corporation (TSXV: VPY) (“VersaPay” or the “Company”), will release its third quarter results for 2016 on Tuesday, November 29, 2016 after market close. The Company will subsequently hold a conference call on Wednesday, November 30, 2016 at 9:00 AM Eastern Time hosted by Craig O’Neill, Chief Executive Officer, and Harp Gahunia, Chief […]

What Will You Do Differently On Monday?

I recently attended a lunchtime seminar hosted by the MaRS innovation hub in Toronto. The session was led by Zachary First, the executive director of the Drucker Institute based at Claremont Graduate University in California. Peter Drucker, of course was the American management consultant, educator, and author, hailed by BusinessWeek as “the man who invented management,” So I wasn’t […]