3 Reasons Why Customer Experience Needs To Be Your Priority

“If you build it, they will come.” Many will know this phrase from the 1989 film, Field of Dreams. In the years since the film’s release, this expression has become somewhat of a mantra for the business world. Supply a great product or service, and you’ll have customers. Seems simple enough. However, in today’s competitive […]

Great Hill Partners Makes All Cash Offer to Acquire VersaPay Corporation

Toronto, ON – December 13, 2019 – VersaPay Corporation (TSXV: VPY) (“VersaPay” or the “Company”) and Great Hill Partners (“Great Hill”), a leading growth-oriented private equity firm, are pleased to announce that the Company and an affiliate of Great Hill have entered into a definitive arrangement agreement (the “Arrangement Agreement”) whereby Great Hill will indirectly […]

Great Hill Partners to Acquire VersaPay Corporation – Customer FAQs

To our valued Customers and Partners: Today we have announced a definitive agreement for the acquisition of VersaPay by Great Hill Partners, a private equity firm based in Boston. The following FAQ will provide more detail which I trust will be helpful. If you have additional questions, feel free to connect with your primary contact […]

Giving Customers What They Deserve – How AR Automation Improves the Customer Experience

Businesses’ success or failure hinges on the customer experience. Customer experience is the result of every interaction a customer has with your business – from marketing and sales, through to invoicing and payment – and it plays a large role in determining if a customer is going to do business with you again. Making the […]

Why Customer Self Service in AR is the Key to Collecting Overdue Invoices

Once upon a time, collecting payment consisted of manually extracting data from spreadsheets, drafting up individual invoices, and sending them by mail to your customers. Then, the wait began for a check back in the mail. It was a long and drawn-out process thwarted with delays, but it was accepted as being just the way […]

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? […]