VersaPay Review - why 4.4 stars?

VersaPay Review
ITQlick Score: 68/100
ITQlick Rating: (4.4/5)
Pricing: 6/10 - average cost
Category: Accounts Receivable -> VersaPay
Ranking:Ranked 4 out of 6 Accounts Receivable systems
Company: VersaPay
Pricing: starts at $99 per year
Typical customers: Small businesses and start ups
Platforms: Cloud
Links: VersaPay pricing, VersaPay alternatives
Shlomi LaviShlomi Lavi / updated: Mar 19, 2021

We publish unbiased reviews. Our opinions are our own and are not influenced by payments from advertisers. Learn more by reading our advertiser disclosure.

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.

What is VersaPay rating? ()

The rating of VersaPay is 4.4 stars out of 5 and the total score is 68 out of 100. The ratings are based on our unbiased experts. Learn more in our rating methodology page

Who are VersaPay's typical customers?

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

Is VersaPay the best Accounts Receivable?

VersaPay is ranked 4 out of 6 software in their category (Accounts Receivable systems).

What are VersaPay's pros? (4 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

What are VersaPay's cons? (2 cons)

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

Who are their main alternatives?

Popular alternatives to VersaPay: YayPay, ReliaBills, InvoiceSherpa, CreditPoint. The full list of competitors can be found here.

What is the cost of VersaPay?

The cost of license starts at $99 per year. On top of the total cost of licenses which is easy to calculate - what is the REAL total cost of implementation? You need to add the cost of training, customization, data migration, and other "hidden cost". ITQlick pricing score is 6 out of 10 (10 is most expensive). Find here the REAL total cost breakdown for VersaPay

What should you ask VersaPay during a demo session? (65 questions)

Schedule a demo with VersaPay and access 65 must ask questions for the vendor while watching VersaPay in action.

Is it the right software for you?

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.

List of categories

Accounting & Finance
Billing & Invoicing
Recurring invoicing
Medical Collections

VersaPay Vs. Alternatives

ITQlick rating
Score
Pricing
License pricing
Functionality
Review
Compare
VersaPay
ITQlick rating
4.4/5
Score
68/100
Pricing
6/10
License pricing
$99 per year
Functionality
4
Compare
YayPay
ITQlick rating
4.5/5
Score
80/100
Pricing
2.6/10
License pricing
$7,500 per license
Functionality
3
Review
ReliaBills
ITQlick rating
4.9/5
Score
71/100
Pricing
2.2/10
License pricing
$24.95 per month
Functionality
5
InvoiceSherpa
ITQlick rating
4/5
Score
69/100
Pricing
2.6/10
License pricing
$49 per month
Functionality
4
CreditPoint
ITQlick rating
4.1/5
Score
58/100
Pricing
4.8/10
License pricing
$10,000 per license
Functionality
5
Author

Shlomi Lavi

Website Linkedin Facebook Twitter

Shlomi holds a Bachelor of Science (B.Sc.) in Information System Engineering from Ben Gurion University in Israel. Shlomi brings 15 years of global IT and IS management experience as a consultant, and implementation expert for small, medium and large size (global) companies.