VersaPay Review - why 4.4 stars?

Shlomi Lavi / updated: May 13, 2022

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What is VersaPay?

Versapay is an accounting software that automates operations involved with accounts receivable. From cash application, payment, to collection, this software helps users to process payments using the power of automated, business-tailored tools, thereby resulting in faster transactions and customer engagement. Additionally, Versapay helps enterprises to envisage their savings, using an ROI calculator that helps drive accountability and transparency.

Some key features of Versapay are Intelligent emailing, recurring invoice generation, dispute management, and express customer access. The software founder, Versapay™, is a computer software company headquartered in Toronto, Ontario, Canada, with a workforce of over 100 employees.

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Who is it best for?

The typical customers include the following business size: Small businesses and start ups.

What is the actual cost?

The cost of license starts at $99 per year. ITQlick pricing score is 6 out of 10 (10 is most expensive). Access ITQlick pricing guide for VersaPay. You can also find here pricing information from VersaPay's website.

Pros

• Versapay is fairly easy to set up and implement
• The provided tools are robust and highly flexible
• It is backed by a great customer support team
• Its extraction of reports into Microsoft Excel is well implemented

Cons

• There should be an option to restrict or block connected accounts
• The reporting tool of this software could use some improvement

How it stacks up?

Access a head to head analysis of VersaPay vs alternative software solutions.

Frequently Asked Questions (FAQs)

Is VersaPay right for you or your business?

Versapay is specifically tailored to serve small-sized business enterprises. This software can be implemented in industries that specialize in logistics services, distribution, real estate, mass media, etc. Some of the enterprises that are using Versapay are LoadDelivered Logistics LLC, the Denver Post, and Raleigh Enterprises.