Versapay

Versapay is an accounts receivable automation and B2B payments platform that helps finance teams digitize invoicing, accelerate cash application, and streamline collections. It markets itself around a "collaborative" AR model: a self-service customer payment portal lets buyers view invoices, ask questions, dispute charges, and pay online, reducing the back-and-forth that typically slows down collections.

The platform's Accounts Receivable Efficiency Suite spans digital invoice delivery, a customer portal for self-service payments and account management, AI/machine-learning-driven cash application that matches incoming payments (checks, ACH, wires, cards, and detached remittances from email, PDFs, AP portals and data files) to open invoices, and collections workflows that prioritize at-risk accounts. It also provides embedded B2B payment acceptance (ACH, credit card, virtual card, wire) and real-time dashboards for DSO, ADP and other AR metrics.

Versapay reports serving roughly 10,000 customers, over 5 million companies transacting through its network, and processing more than 100 million transactions and over $170 billion annually. It was founded in 2006, was acquired by Great Hill Partners in 2020, acquired fintech DadeSystems in 2022, and is now headquartered in the Miami, Florida area.