70 Versapay Testimonials

“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.”

"I would give the same advice that we received, which is basically, make sure what you're sending over to VersaPay from your GL system is accurate. Because if you're sending information that's inaccurate and tenants pick up on that, they're going to lost confidence. They're not going to want to sign up, so it's going to defeat the whole purpose. The whole concept of having accurate information is important."

“Since implementing Versapay, we can see our collections effort get better and better each month. It’s now become a one stop shop for our customers and as a result, we are realizing better cash flow from it.”

"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."

"Because of less time spent manually processing payments, we’ve been able to focus on more strategic work and do more with the same—or even fewer—staff because we haven’t had to replace outgoing staff in some instances."

"The transition support we’ve received, as well as the Tier 2 support Versapay provides to our clients has been strong. Any issues we’ve reported were not only acknowledged immediately but resolved—they never let us down."

"The streamlined and accurate cash application process we have been able to achieve as a result of Versapay has drastically improved our ability to perform the critical financial functions of cash flow forecasting and budgeting, which are especially important at year-end."

“Prior to Versapay, it was not uncommon for it to take 2-3 days from payment receipt to apply cash, While initially unsure about deviating from the traditional process, our cash appliers learned to use Versapay quickly. Now, cash application at CSK happens same-day and data in our Aderant financial system remains accurate and up to date.”

"We feel strongly that Versapay helps us maintain a certain image — that we are a professional and efficient company to do business with."

“We gave clients a six-month grace period to get used to accessing and paying invoices online before moving to online invoice delivery only. Once they tried it out, they loved the convenience, Integrating the Versapay Customer Portal with our online invoice portal made it easy and natural for our customers to begin paying online. We now also insist that the discount deadline be adhered to, so scheduling ACH payments means clients can still pay on the last day of the deadline and not miss out because of the lag time between writing and mailing a check.”

"Implementing Versapay was a win-win for us. Our peak days have been reduced from 2 1⁄2 days to less than a day. We were able to continue with our growth plans, improve our efficiency, and provide better customer service with no additions to our staff."

“I wish every vendor was able to provide the level of competency and customer care I receive from Versapay."

"This has been the most responsive payment processing partner I have ever worked with. Versapay took the time to understand our business and ensure we reduced our payment processing costs and improved funding timeframes. They have been a true advocate when it comes to fighting chargebacks."

"Versapay's technology is years ahead of the competition. I am not at all surprised with their Innovator of the Year award from NetSuite. These guys never stop and are super cool to work with."

"We could not be happier with our decision to transition to Versapay for our credit card processing needs. It is simple, efficient to use, and integrates seamlessly with NetSuite. In addition, we have seen a significant decrease in processing costs. Most importantly, the support we received has been impressive."