Versapay

Versapay is an accounts receivable automation platform that handles the invoice-to-cash process for B2B sellers. Invoices are presented electronically through a branded self-serve portal. There, customers can pay one or several invoices by ACH or card, set up recurring payments, manage their account, and raise disputes. On the back end, AI and machine-learning cash application matches incoming payments to open invoices and posts them straight to the ERP. Collections tools automate follow-up tasks and flag high-risk accounts. Dashboards track metrics such as DSO and average days to pay. The vendor also offers payment acceptance rules, fraud and transaction monitoring, and prepayment or early-payment discount options. It focuses on manufacturing, wholesale distribution, and professional services. Native integrations cover Oracle NetSuite, Sage Intacct, Microsoft Dynamics 365 Business Central, and Dynamics 365 Finance and Supply Chain Management. Other ERPs connect through an open API or flat files. Versapay says it has more than 10,000 customers and processes about 257 billion dollars in payments a year. Pricing is not published, so buyers must request a quote. The main limitation is scope. Versapay is not an accounting system. It sits on top of an ERP and covers only receivables, with no general ledger, payables, or payroll. Some reviewers also say the customer-facing experience is less customizable than competing products.