7 Accounts Receivable Best Practices Transforming the AR Process

If you’re finding it too time-consuming to manually mail out invoices and match payments to invoices, or if you’re finding your DSO (Days Sales Outstanding) keeps increasing while the time and resources required for your accounts receivable (AR) process are constrained, you need to make a change. We’ve put together these seven accounts receivable best […]

4 Surprising Ways Paper Invoices Cost Your Business Money

Change can be a frightening thing. Doing things the way they’ve always been done often seems like the easier option. However, just because something has always been done in a certain way doesn’t mean it’s always been done in the right way. Take accounts receivable and invoice presentment. Manually sending out hard-copy paper invoices to […]

VersaPay to Present at the Citi 2019 Financial Technology Conference

New York, NY ; Toronto, ON – November 13, 2019 – 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, will participate today on a panel at the Citi 2019 Financial Technology Conference in New York City. During […]

We Have Entered the Era of Customer-Centric AR

We talk to CFOs every day and it’s apparent that there is a dramatic shift happening in Accounts Receivables (AR) and the dynamics between suppliers and their customers as they interact throughout the Order to Cash (OTC) process. Specifically, we have entered the era of Customer-Centric AR. You may be wondering, what is Customer-Centric AR? […]

VersaPay Announces Dream Office REIT as Newest CRE Client

Toronto, ON – November 12, 2019 – 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 Dream Office REIT (“Dream Office”) as its newest commercial real estate client. “With our […]

VersaPay Closes $4 Million Credit Facility with National Bank

Toronto, ON – November 5, 2019 – 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 the closing of a credit facility with National Bank of Canada’s Technology and Innovation Banking Group (“NBC”). The […]

Building A More Collaborative AR Platform – New Report from American Express and PYMNTS.com

What do social media and accounts receivables have in common? Up until now, you’d be right in thinking the answer was ‘not a whole lot’. Which was a problem. The principles of social media – the real-time creating and sharing of information and online collaboration – is exactly what modern AR departments need to succeed. […]

Commercial Real Estate 2020 Priorities: The Tenant Experience

As 2019 creeps closer to the end, it’s important to both agree on your business priorities for the coming year as well as understand the resources and time available in this calendar year to enact timely change. We’ve all been through the cycle enough times to know that waiting until the new year to make […]