Versapay review

Versapay's strength is the customer side of receivables. Its electronic invoice presentment and payment product sends invoices into a self-serve portal where buyers can pay, manage their account or raise a dispute, which moves a lot of collections back-and-forth out of email. Behind that, cash application uses AI and machine learning to match payments to open invoices no matter how or where customers remit, and the collections module predicts delinquencies and prioritizes high-risk accounts. Payments run on ACH, cards and wire inside the same platform, and dashboards show DSO and ADP in real time. Versapay names NetSuite, Sage Intacct and Dynamics 365 integrations and supports other ERPs through open APIs or flat files. The trade-offs are that pricing is quote-only and that the portal only pays off if your customers actually log in to it. It scores just behind Upflow on ease of use and value.

Who it is for

Mid-market companies on NetSuite, Sage Intacct or Dynamics 365 that want customers to view, pay and dispute invoices online.

Price

See vendor pricing (USD check pending).

US price check pending. See the vendor pricing page.

Key features

• Electronic invoice presentment and payment with a self-serve customer portal
• AI and machine learning cash application that matches payments to open invoices
• Collections automation that predicts delinquencies and prioritizes high-risk accounts
• Integrated ACH, credit card and wire payments
• Real-time DSO and ADP dashboards

Strengths and weaknesses

• Strength: Customers can pay, manage accounts and resolve disputes in one portal
• Strength: Connects to NetSuite, Intacct and Dynamics 365, or any ERP via open APIs or flat files
• Strength: Offers a self-guided product tour before a sales call
• Weakness: No published prices
• Weakness: Customer portal value depends on buyers adopting it
• Weakness: Built for mid-market volumes, more than a small business needs

Key facts

• Payment methods: ACH, credit cards, wire
• Named ERPs: NetSuite, Sage Intacct, Microsoft Dynamics 365
• Pricing: Quote on request

Where it ranks

Versapay is No. 3 in our Best Accounts Receivable Software verdict.