Effortless and accurate cash application, powered by AI

Automatically match and apply any payment from any channel using our AI-powered Cash Application solution. With 90% straight-through processing rates, you’ll save significant time while accelerating cash flow.

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Talk with an expert

In this 15-minute intro call, we’ll discuss your accounts receivable challenges and goals, so we can match you with the best possible solutions.

Join the millions of businesses buying and selling with Versapay 

10,000 customers
5M+ companies transacting
110M+ transactions annually
$170B payments volume annually

The tools you need to streamline cash application

ADVANCED AUTOMATION

Carry complete remittance information from online payments, match and apply payments automatically, and handle exceptions effortlessly.

Carry payment instructions and complete remittance information for online payments made in Versapay’s AR payment portal.

Automate cash application fully including payment postings to your ERP.

Automatically import everything from checks to credit cards to email attachments—plus much, much more.

Sync with your existing banking services—including lockboxes—to improve efficiency and reduce per-payment processing costs and errors.

Automatically extract remittance data from multiple sources using advanced image recognition and machine learning technology.

Let our advanced character recognition technology take illegible characters, unstructured formats, and missing information, and quickly and reliably analyze, normalize, and import them.

Easily identify unapplied payments that need human intervention so staff members can manage them with ease.

Built-in machine learning gets smarter with each transaction it processes, so the more you use it, the more accurate your match rates become.

Inefficient cash application is costing you 

Stop spending so much time and capital on tedious cash application tasks. Learn how we can help you unlock efficiency, at last.

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Recognized for AR excellence 

From credit and collections to payment processing, we’re a proven leader in automating the invoice-to-cash cycle.

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  • 50% less staff managing payments and reconciliation 
  • 100% centralized invoice-to-cash process
  • 54% of payments automated 
"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.” 
Jeff Seder Senior Vice President, Carter Lumber 

Take the first step to efficient cash application

GET IN TOUCH

Let our team learn about the top challenges you face and identify how we can get you on the path to effortless cash application.

  1. Talk with an expert