Collaborative AR
Automate accounts receivable tasks and collaborate with teammates and customers.
Versapay vs Quadient AR by YayPay
Versapay’s Accounts Receivable Efficiency Suite simplifies the invoice-to-cash process by automating invoicing, facilitating B2B payments, and streamlining cash application with AI.
Distinct from solutions built for Fortune 500s, we provide responsive support, fast implementations, and the flexibility to start with what you need and add more as you grow.
Talk to 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.
Trusted by leading businesses
Four solutions. One flexible suite.
ERP Payments
Accept payments from any sales channel within your ERP.
Customer Portal
Provide a convenient self-service payment portal to your customers.
Cash Application
Automatically match and apply any payment from any channel using artificial intelligence.
We’re a payment facilitator—Quadient AR by YayPay isn’t
Get up and running faster
Here’s why it matters:
- We manage the underwriting process, so you can get approved faster and start taking payments sooner.
- We offer more control over transaction processing, billing processes, and chargeback management.
- Our customers can easily reduce the number of vendors they have to manage.
Dramatically improve customer experience
Front-office focus
Unlike Quadient AR by YayPay, we go beyond automating accounts receivable and streamlining back-office processes. Our collaborative approach connects your AR team and customers to deliver a superior experience and keep cash flowing.
Versapay gives you one-of-a-kind collaboration features that let you resolve disputes at the invoice level with real-time messaging directly in the portal—so you never need to resend invoices.
The clear-cut, mid-market choice
High (out)performers
Versapay’s Collaboration Cloud provides your customers with 24/7 access to their account information, providing unparalleled transparency, and streamlining communication and dispute resolution with built-in collaboration features.
Plus, our invoice matching capabilities use AI and ML to match payments to open receivables with 90%+ straight-through processing. That’s why industry leaders choose Versapay to automate their accounts receivable, including:
- 2 of the 10 largest US food distributors
- 2 of the 10 largest US building material manufacturers
- 13 of the 100 largest US credit unions
- 9 of the 65 largest US banks
- 10+ fortune 500 companies, including Intuit, Coldwell Banker, PepsiCo, and US Foods
See our solutions in action
Discover how our AR Efficiency Suite eliminates many of the problems that slow down payments and drive inefficiency.
The features that set us above
Versapay vs Quadient AR by YayPay
Quadient AR by YayPay focuses on automating back-office AR processes. But if those processes are already broken, what good does automating them do? Versapay’s Collaborative AR solution takes manual AR tasks off your hands—and gives you the collaboration tools to solve challenges automation alone can’t.
No-fuss onboarding
As a payment facilitator, we manage the underwriting process (you’re up and running fast) and have considerable control over your experience (no third parties!) including transaction processing, chargeback management, and streamlined billing processes.
Plus, we’ll reduce the number of vendors you need to manage.
Cloud-based tools
Share data and account information with your customers in real time by collaborating in a cloud-based portal. Address questions, errors, or missing documentation, and get clarity on unapplied payments.
A shared portal means you and your customers are always engaged and working collaboratively.
Collaborative, intelligent collections
Quadient AR by YayPay does not offer collaboration features.
We streamline operations with zero-touch collection tools and timely notifications, and guide collections by delivering valuable, actionable insights into which customers require immediate attention and intervention.
Why businesses choose Versapay
- 20 hours saved weekly
- 67% lower DSO
Getting up and running with Versapay was seamless. The implementation process went incredibly smooth and knowing we had a dedicated person at Versapay to support us through it was huge. The Versapay team is phenomenal.
- 25% less time spent on AR
- 10 days less DSO
That amount of time saved is pretty significant. We no longer need to update payments in one system and manually update customer invoice statuses in another.
Frequently asked questions
Collaborative Accounts Receivable is a new, customer-focused way of managing receivables—and you’ll only find it with Versapay.
Instead of just automating back-office AR tasks, Collaborative AR also connects buyers and sellers over the cloud to speed up payments, eliminate inefficiencies, and deliver significantly better experiences.
Traditional AR involves a standard set of processes for managing what a company's customers owe for goods/services they have provided but have yet to receive payment for.
It relies highly on manual tasks and back-and-forth communication over outdated channels like phone and email. Collaborative AR, on the other hand, streamlines accounts receivable processes by connecting buyers and sellers digitally, over the cloud, allowing unparalleled communication and transparency.
Versapay’s Collaborative AR automation platform and B2B payment network transform AR departments to drive efficiency, accelerate cash flow, and dramatically improve the customer experience.
It does this by connecting AR departments with their customers over the cloud. This approach empowers collaboration and transparency, eliminating many of the problems that slow down payments and cause inefficiencies while empowering customers with self-service.
Quadient AR by YayPay focuses largely on automating existing AR processes such as payments, collections, and cash application.
While efficient, it’s an approach that does not transform core AR processes, especially how they are perceived by users’ clients.
Companies across a wide variety of industries use Versapay, including but not limited to manufacturing, distribution, and commercial real estate.
We typically serve Mid-Market and Enterprise-level companies, though we welcome businesses of all sizes. Companies that use Versapay also tend to be those who are looking to truly transform AR, rather than just automate back-office tasks.
Quadient AR by YayPay customers are often those focused on using automation exclusively, rather than empowering collaboration, to improve efficiencies and speed up cash collections.
Companies of various sizes from a variety of industries are Quadient AR by YayPay users.
Our teams are committed to helping you find the answers you need to successfully transform your AR department.
Beyond our dedicated implementation specialists, we offer comprehensive phone and email support.
Quadient is a technology company offering solutions focused on customer communications, AR and AP automation, and mailing.
Unlike Quadient, Quadient competitors like Versapay focus on one main area, such as AR automation, to ensure value is maximized.