TORONTO, Aug. 14, 2018 /CNW/ - VersaPay Corporation
(TSXV: VPY) ("VersaPay"), a leading provider of cloud-based
invoice-to-cash solutions including electronic invoice presentment
and payment, automated accounts receivable, cash application and
collections management, is pleased to announce that it has
introduced a completely new mobile app for its accounts receivable
platform, ARC®, to make access from anywhere, anytime
even easier.
The new mobile app further enhances users' experience of the ARC
platform on smartphones and tablets. End customers can view
invoices, payments and credits, set up their wallet, and pay
invoices easily and securely from their mobile device.
"Our unrelenting focus on end-customer adoption has driven
positive results, with many of our clients seeing 70-80% or more of
their customers using ARC to receive their invoices and pay
online," said Craig O'Neill, CEO of
VersaPay. "This new release represents a major step in enabling
workers on the move to engage with ARC quickly and conveniently
from wherever they are, and we expect this to drive our customer
adoption rates even higher."
About VersaPay
VersaPay is a Fintech company and leading provider of
cloud-based invoice-to-cash solutions, enabling businesses to
provide a superior customer experience, get paid faster, streamline
financial operations, and dramatically reduce DSO and costs.
VersaPay ARC is the new standard in accounts receivable and
collections management with a customer self-service environment to
view invoices online, collaborate on inquiries and disputes, and
facilitate secure online payments (EFT/ACH and credit card).
Businesses gain access to a suite of powerful tools that enable
efficient collections, cash application and real-time insight into
accounts receivable. VersaPay ARC automatically reconciles payments
and account information through integrations with a wide range of
ERPs and accounting software providers.
More information about VersaPay is available at www.versapay.com
or under the Company's profile on SEDAR at www.sedar.com.
Forward Looking and Other Cautionary Statements
This news release contains "forward-looking information" which
may include, but is not limited to, statements with respect to the
activities, events or developments that the Company expects or
anticipates will or may occur in the future. Such forward-looking
information is often, but not always, identified by the use of
words and phrases such as "plans," "expects," "is expected,"
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actions, events or results "may," "could," "would," "might" or
"will" be taken, occur or be achieved.
These forward-looking statements, and any assumptions upon which
they are based, are made in good faith and reflect our current
judgment regarding the direction of our business. Management
believes that these assumptions are reasonable. Forward-looking
information involves known and unknown risks, uncertainties and
other factors which may cause the actual results, performance or
achievements of the Company to be materially different from any
future results, performance or achievements expressed or implied by
the forward-looking information. Such factors include, among
others, risks related to the speculative nature of the Company's
business, the Company's formative stage of development and the
Company's financial position.
Forward-looking statements contained herein are made as of the
date of this news release and the Company disclaims any obligation
to update any forward-looking statements, whether as a result of
new information, future events or results, except as may be
required by applicable securities laws. There can be no assurance
that forward-looking information will prove to be accurate, as
actual results and future events could differ materially from those
anticipated in such statements. Accordingly, readers should not
place undue reliance on forward-looking information.
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Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
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SOURCE VersaPay Corporation