Inefficient accounts receivable processes leave cash trapped in operations for long periods of time, stopping you from investing in growth opportunities. In this blog, we share 4 strategies for speeding up the cash conversion cycle.
Small businesses need our support now more than ever. This past holiday season we had the opportunity to partner with one of our own small business clients, Batch, to send out our company gifts. Read about our experience with them in this blog.
Days Sales Outstanding (DSO) is a metric that every finance team should watch closely. So what is it, how do you calculate it, and why is it so important? We tell you everything you need to know about DSO in this blog.
2020 has been a challenging year for all of us but it was also filled with milestones for AR pros advancing their processes and for us personally at Versapay. We put together some thoughts on this year’s bright moments.
The economic fallout from COVID-19 has made the future hard to predict, but you can help your business stay resilient by digitizing your accounts receivable. In this blog, we show you how to do just that.
Accounts receivable managers face a lot of challenges in their day to day, from chasing late payers to reconciling payments with minimal remittance information. Here’s how you can solve these common issues.
An online invoicing portal lets your customers know what they owe you and pay you easily. Find out if it’s the right solution for you and how you can take your automation strategy further.
If you’re still sending out paper invoices, it’s well past time to update your processes. In this blog, we delve into what Electronic Invoice Presentment and Payment (EIPP) is and whether it’s the right move for you.
Prioritizing customers’ experience across the order-to-cash lifecycle doesn’t just make customers happy—it helps you improve cashflow. Learn about IOFM’s findings from their latest report.
Checks have all but disappeared from consumer payments, so why do so many businesses still accept them? In this blog we break down the issues around checks, the alternative payment methods replacing them, and how to prepare your AR for the inevitable death of the check.