70 Versapay Testimonials

"We really want to get away from paper checks. We would love for all of our tenants to stop paying with paper checks. We've been talking about it for a few years and it also will help us cut down on bank fees and the all the costs that go with bank accounts. Because we'll be able to hopefully consolidate even more, as opposed to the regional merge, you know, regional accounts. Maybe we can just go to one lockbox as we have fewer checks coming in. I think that definitely getting away from paper checks and the administration work that goes with it, was a huge driver because then it frees up our cash accountant who is currently posting the checks, to actually do more property accounting work. And it kind of just is more return on investment."

"The best part of the VersaPay Tenant Portal is that our tenants can view invoices, obtain backup and make payments any time with the press of a button. Additionally, it is easy for tenants to sign up for the online service which is very intuitive, saving them time."

"Versapay helped us recognize an immediate 30% reduction in our DSO (Days Sales Outstanding) bringing it down from 60 days to 40 days. This was a significant improvement and our goal of driving it down to 35 days is now within reach."

“VersaPay is so liked by our customers that when they attended our user conference this year, we had a number of individuals that were interested in learning more about using VersaPay for their own operations."

“We selected Versapay to help us reinvent the way we manage our invoicing and accounts receivable processes. Versapay’s solution eliminates many of the challenges we faced, from the preparation of invoices through to the manual matching of payments to invoices. We continually seek for ways to further enhance our customer experience, while driving improvements in their business operations. We expect to see a marked improvement in our financial operations while making it easier for our customers to conduct business with us as a result of working with Versapay.”

“We were managing our receivables for seven years and we were doing a good job. Now that we have implemented Versapay we are not only doing a good job, but we have enhanced the experience for our customers – making them happier. When you have technology that makes your customers and your employees happy, it’s a win, win.”

“We are delighted to have found a Canadian company that understands our needs and created a solution that not only provides our Members with quality service but confidence in the security of their information.”

“As with any manufacturing business we are in a competitive space. Moving to the Versapay AR solution enables us to become even more competitive as it allows us to be more efficient in day-to-day operations. One of the other key outcomes we are excited about is that the Versapay solution enables us to enhance our customer experience. We are constantly on the lookout for better ways to serve our customers and upon seeing this new approach to accounts receivable we immediately wanted to adopt it.”

“One of our strategic initiatives was to create a better collaboration and payment experience for thousands of our small business and accountant customers. We wanted to provide an easy-to-use online environment that provides our customers with more payment options. We searched the market, including Versapay, and evaluated many companies for the best solution. Although we had the ability to build something in-house, we selected Versapay as they had already invested in a robust solution that met our requirements and they were extremely accommodating in providing additional functionality that we subsequently requested.”

“The growth we have enjoyed as a company stems from our commitment to continually search for new and better ways of doing things, coupled with our relentless focus on providing a great customer experience. We are in a highly competitive market with thin margins so implementing process enhancements such as AR automation will reduce our processing time and costs. Additionally we expect to reduce our Days Sales Outstanding DSO as a result of automatically following up with customers and avoiding the need to resend invoices and proof-of-delivery documentation.”

“We ship our products all over the globe and are growing rapidly so we have to be progressive in automating processes to keep up with demand. The VersaPay platform allows us to offer our customers self-service options to provide them with greater flexibility to review their account with us and make payments 24/7.”

“Our company continues to execute our pure-play multi-tenant retail strategy, which has required us to take a critical look at our infrastructure and operating processes in order to scale and drive efficiencies, with VersaPay’s platform, our tenants will have self-service account access and our accounting team gains dashboard visibility on key financial metrics to proactively monitor and manage the financial operations. This also provides efficient processes and visibility for our property and asset management teams so they can focus on our tenants and properties, and continue to execute our strategy.”

“When considering new approaches for supporting our tenants, we rigorously reviewed multiple options to ensure we were getting the best for our business, having put VersaPay’s platform through the paces against other top players we are confident that we have selected a solution that will truly support our employees and will be welcomed by our tenants.”

“Our accounting staff finds great value in VersaPay’s solution as it enables a more efficient invoicing and AR process; It also provides our customers with better information and an enhanced payment experience.”

“We are serving customers globally and rely on strategic partners like VersaPay to support our financial operations and provide excellent service for our customers. Now we have a streamlined approach that covers collections and much more, including our invoice-to-cash process.”