TORONTO, Sept. 12, 2019 /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, today announced a new
organization structure to better position the company to scale its
client-facing operations as growth of its client base continues to
accelerate.
![VersaPay Further Enhances Client-Centric Focus With New Organization Structure (CNW Group/VersaPay Corporation) VersaPay Further Enhances Client-Centric Focus With New Organization Structure (CNW Group/VersaPay Corporation)](https://mma.prnewswire.com/media/972719/VersaPay_Corporation_VersaPay_Further_Enhances_Client_Centric_Fo.jpg)
A newly combined group covering both professional services and
client success will support the entire lifecycle of new and
existing clients. Geoff Kent joins
the Company as VP Client Services with responsibility for
implementation, integration, solutions, client success and
support. Mr. Kent's prior roles include leading B2B programs
for Fortune 500 companies across airline, automotive, hospitality
and financial services verticals. He has led the implementation of
SaaS-based client solutions throughout the full cycle, from sales
to market launch and ongoing client relationships. Prior to joining
VersaPay, Mr. Kent was Vice President OEM Integrations at
Dealers-FX and previously served in multiple executive roles at
Points.
Andrea Peattie rejoins the
company as VP People Operations. In her role Andrea is responsible
for recruiting, process and tools development, knowledge-sharing,
training, and leadership development. Andrea previously worked with
VersaPay for 5 years as the Implementation and Client Services
Lead. She spent the past 2 years at a non-profit organization as
Operations Lead and Head of Client Success.
The engineering team will be integrated with the product group
under Jason Read, Chief Product
Officer to provide a more streamlined approach to product
development and drive continued innovation in the ARC platform. The
Company's CTO Eddie Chan is leaving
the company to pursue other opportunities. To assist with the
transition Mr. Chan will continue as a strategic advisor on an
interim basis.
"I'm pleased to announce these organizational changes as we
scale the Company to serve more and more clients," said
Craig O'Neill, Chief Executive
Officer of VersaPay. "Geoff is an experienced leader with a history
of delivering integrated solutions for multinational companies, and
we are excited to have him join the team. Of course I am
thrilled to have Andrea rejoin us in her new capacity as she helps
us grow and equip our teams. And finally, I would like to say a
sincere thank you to Eddie for his energy and commitment to
VersaPay over the past two and a half years. We wish him well as he
pursues new opportunities."
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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accuracy of this release.
SOURCE VersaPay Corporation