Versapay Featured in B2B and Digital Payments Tracker® Series Report

From the report:

"Smith highlighted the challenges that arise from a lack of transparency in payment processes. For suppliers, this opacity can lead to delays in account reconciliation, making it difficult to identify discrepancies or errors promptly.

Meanwhile, buyers face uncertainty regarding payment amounts and terms, often resulting in disputes. Smith emphasized that transparency not only streamlines these processes but also improves financial metrics like days sales outstanding (DSO), a key indicator of a company’s financial health.

Additionally, he noted that greater transparency in B2B payments can ensure that data is organized in standardized formats. This can make processes more consistent and efficient. Having more transparent data can help companies qualify for better payment processing rates, saving money and adding value for customers."

Read the full report on PYMNTS.

About Versapay

For growing businesses that need to accomplish more with less, Versapay’s Accounts Receivable Efficiency Suite simplifies the invoice-to-cash process by automating invoicing, facilitating B2B payments, and streamlining cash application with AI. Versapay integrates natively with top ERPs, while allowing businesses to collect with a self-serve payment portal and collaborate with customers and teammates to resolve what automation alone can’t. Owned by Great Hill Partners, Versapay’s employee base spans the U.S. and Canada with offices in Atlanta and Miami. With 10,000 customers and 5M+ companies transacting, Versapay facilitates 110M+ transactions and processes $170B+ in payments volume annually.

Join the conversation at linkedin.com/company/versapay and x.com/Versapay. To learn more about how Versapay unlocks accounts receivable efficiency, visit: versapay.com.

Versapay Media Contact

[email protected]