Quadient Accounts Receivable vs. Versapay

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Quadient Accounts Receivable
Score 8.4 out of 10
N/A
Quadient Accounts Receivable, formerly YayPay but acquired by Quadient in 2020, is presented as a complete accounts receivable management platform that gives user's teams more time, more insight, and more control.N/A
Versapay
Score 9.2 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
Quadient Accounts ReceivableVersapay
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Quadient Accounts ReceivableVersapay
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
Quadient Accounts ReceivableVersapay
Features
Quadient Accounts ReceivableVersapay
Accounts Receivable
Comparison of Accounts Receivable features of Product A and Product B
Quadient Accounts Receivable
-
Ratings
Versapay
9.9
1 Ratings
1% above category average
Payment Tracking00 Ratings10.01 Ratings
Credit Management00 Ratings10.01 Ratings
Aging Reports00 Ratings10.01 Ratings
Payment Reconciliation00 Ratings10.01 Ratings
Dispute Resolution00 Ratings9.01 Ratings
Financial Reports00 Ratings10.01 Ratings
Integration with Accounting Systems:00 Ratings10.01 Ratings
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Quadient Accounts ReceivableVersapay
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Enterprises
BlackLine
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Score 8.9 out of 10
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Score 8.9 out of 10
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User Ratings
Quadient Accounts ReceivableVersapay
Likelihood to Recommend
8.1
(2 ratings)
10.0
(1 ratings)
Likelihood to Renew
8.2
(1 ratings)
8.0
(1 ratings)
Usability
8.2
(1 ratings)
10.0
(1 ratings)
Support Rating
-
(0 ratings)
10.0
(1 ratings)
Implementation Rating
-
(0 ratings)
10.0
(1 ratings)
User Testimonials
Quadient Accounts ReceivableVersapay
Likelihood to Recommend
Quadient
Amazing tool for workflow automation, customer self service, housing customer information in one repository, risk assessment for customers. Less helpful for cash forecasting and a bit more rigid for workflow set ups if the customer has multiple accounting pathways to send notifications to.
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Versapay
In my experience of using Versapay for 5 years, it is well suited to interface with our program.
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Pros
Quadient
  • User friendly dashboard
  • Ease of use setting up workflows
  • Easy to follow aging report to reconcile
  • DSO on the front home page
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Versapay
  • Interfaces with NetSuite
  • Reports easy to produce
  • Funds deposited quickly
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Cons
Quadient
  • Workflows are not set up to easily choose different billing contact choices (invoice, inquiry statements to different aliases)
  • Cash forecasting graphics are unhelpful and can be refined
  • DSO calculation is set at 365 day average only - there are no options to view DSO averages by collector or 90 days averages
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Versapay
No answers on this topic
Likelihood to Renew
Quadient
Amazing tool which we love. Definitely something to consider if you have a high volume of customers or your team runs lean as it does a lot of the touches without human support
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Versapay
The fees are what factors if renewing
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Usability
Quadient
Super easy set up - does not need Admin support to create workflows or templates - anyone with a sense of receivables processes can do it
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Versapay
Easy to use and understand
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Support Rating
Quadient
No answers on this topic
Versapay
Quick responses when have questions or concerns.
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Alternatives Considered
Quadient
Quadient stacked up pretty well. Pricing was a bit higher than what we wanted to spend; however, based on the value we are receiving in a streamlined product, we pulled the trigger on it. Dunning was a bit more limited and manual process in the collections process so we opted for Quadient.
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Versapay
No answers on this topic
Return on Investment
Quadient
  • Decrease in our DSO which was relatively high before
  • Ease of use by our customers to gather statements or invoices
  • Ease of use platform for all employees
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Versapay
  • Allows to input transactions manually is needed
  • Able to apply refunds to previous charges
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ScreenShots