Anchor vs. Versapay

Anchor

Anchor

2 Reviews and Ratings

Versapay

Versapay

11 Reviews and Ratings

Overview
Product	Rating	Most Used By	Product Summary	Starting Price
Anchor	Score 9.3 out of 10	N/A	Anchor is an accounts receivable automation system that changes way billing is done by automating the process. The software is designed to serve accountants, bookkeepers, tax advisors, and similar agencies.	$5 one-time fee per payment received
Versapay	Score 8.0 out of 10	N/A	Versapay is an AR automation solution from the company of the same name in Toronto, providing what the vendor describes as a customer-centric solution combined with digital invoicing and and statements, and integrated payment solution allowing users to accept all payment types across AR, ecommerce, and POS channels within the user's own ERP.	N/A

Pricing

Anchor

Versapay

Editions & Modules

No answers on this topic

No answers on this topic

Offerings

Pricing Offerings
Anchor	Versapay
Free Trial
No	No
Free/Freemium Version
No	No
Premium Consulting/Integration Services
No	No

Entry-level Setup Fee

No setup fee

No setup fee

Additional Details

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More Pricing Information

Features

Anchor

Versapay

Accounts Receivable

Comparison of Accounts Receivable features of Product A and Product B
	Anchor 9.3 1 Ratings 12% above category average	Versapay 9.9 1 Ratings 18% above category average
Invoice Control	10.01 Ratings	00 Ratings
Payment Tracking	10.01 Ratings	10.01 Ratings
Customer Statements	9.01 Ratings	00 Ratings
Automatic Reminders	10.01 Ratings	00 Ratings
Payment Reconciliation	9.01 Ratings	10.01 Ratings
Financial Reports	9.01 Ratings	10.01 Ratings
Integration with Accounting Systems:	8.01 Ratings	10.01 Ratings
Credit Management	00 Ratings	10.01 Ratings
Aging Reports	00 Ratings	10.01 Ratings
Dispute Resolution	00 Ratings	9.01 Ratings

Best Alternatives
	Anchor	Versapay
Small Businesses	Intuit Enterprise Suite Score 9.1 out of 10	Intuit Enterprise Suite Score 9.1 out of 10
Medium-sized Companies	Intuit Enterprise Suite Score 9.1 out of 10	Intuit Enterprise Suite Score 9.1 out of 10
Enterprises	BlackLine Score 8.9 out of 10	BlackLine Score 8.9 out of 10
All Alternatives	View all alternatives	View all alternatives

User Ratings
	Anchor	Versapay
Likelihood to Recommend	9.0 (1 ratings)	10.0 (1 ratings)
Likelihood to Renew	- (0 ratings)	8.0 (1 ratings)
Usability	9.0 (1 ratings)	10.0 (1 ratings)
Support Rating	- (0 ratings)	10.0 (1 ratings)
Implementation Rating	- (0 ratings)	10.0 (1 ratings)

User Testimonials
	Anchor	Versapay
Likelihood to Recommend	Anchor Anchor is well suited for solopreneurs and small businesses that may want to use the app in conjunction with their accounting software (QuickBooks and Xero). When used in tandem with their accounting software, billing and reporting issues can be resolved. For those solopreneurs and small businesses that do not use the listed accounting apps, in my opinion, Anchor may not be a good fit. Incentivized Verified User Anonymous Read full review	Versapay In my experience of using Versapay for 5 years, it is well suited to interface with our program. Incentivized Kathie Lampkin Senior Accountant Read full review
Pros	Anchor No answers on this topic	Versapay Interfaces with NetSuite Reports easy to produce Funds deposited quickly Incentivized Kathie Lampkin Senior Accountant Read full review
Likelihood to Renew	Anchor No answers on this topic	Versapay The fees are what factors if renewing Incentivized Kathie Lampkin Senior Accountant Read full review
Usability	Anchor From the start of the relationship with Anchor, they are there to assist. I really like the fact that in the setup process, the app does a review of our website to get a feel of the types of services our business offers. As of the writing of this review Anchor has recently launched a mobile app, which should be an exciting addition. Still testing the app now. Incentivized Verified User Anonymous Read full review	Versapay Easy to use and understand Incentivized Kathie Lampkin Senior Accountant Read full review
Support Rating	Anchor No answers on this topic	Versapay Quick responses when have questions or concerns. Incentivized Kathie Lampkin Senior Accountant Read full review
Return on Investment	Anchor No answers on this topic	Versapay Allows to input transactions manually is needed Able to apply refunds to previous charges Incentivized Kathie Lampkin Senior Accountant Read full review
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