Quadient Accounts Receivable vs. Versapay

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Quadient Accounts Receivable
Score 8.6 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 9.3 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
7.4
1 Ratings
8% below category average
Versapay
9.9
1 Ratings
21% above category average
Invoice Control9.01 Ratings00 Ratings
Payment Tracking7.01 Ratings10.01 Ratings
Credit Management7.01 Ratings10.01 Ratings
Aging Reports9.01 Ratings10.01 Ratings
Customer Statements8.01 Ratings00 Ratings
Automatic Reminders8.01 Ratings00 Ratings
Payment Reconciliation6.01 Ratings10.01 Ratings
Dispute Resolution5.01 Ratings9.01 Ratings
Financial Reports8.01 Ratings10.01 Ratings
Integration with Accounting Systems:7.01 Ratings10.01 Ratings
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Quadient Accounts ReceivableVersapay
Small Businesses
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Score 9.0 out of 10
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Score 9.0 out of 10
Medium-sized Companies
Accounting Seed
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Score 8.0 out of 10
Accounting Seed
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Score 8.0 out of 10
Enterprises
BlackLine
BlackLine
Score 8.9 out of 10
BlackLine
BlackLine
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
Great for automating dunning letters and standard customer communications. Great for dashboards for the collections teams. Easy to manage reporting that syncs with our in-house ERP, NetSuite. Senior management can review the dashboard to monitor overall performance. Can be hard to maintain a separate login for another ERP system.
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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
  • Self serve and easy access to customer documents
  • provides a full audit of all collection notes for any invoice in a single repository of data
  • Allows your collection team to become more proactive on issues than reactive - the automated services Quadient offers remove a lot of the manual human tasks
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Versapay
  • Interfaces with NetSuite
  • Reports easy to produce
  • Funds deposited quickly
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Cons
Quadient
  • Being able to tell clients which invoices were applied to for payment application
  • More analytical tools
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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
Once you are in and established with Quadiant, navigation is straightforward. But, as with all ERP systems, it takes time to navigate, get up to speed, and become comfortable with the system. This is another login and another ERP. For senior managers who maintain or access multiple systems, keeping login credentials and details of each system can be time-consuming.
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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
  • Saved time for our collections team.
  • Enable members of the collection team to cross-train and cover for others when they are out of the office.
  • Saved money by allowing us to reduce licenses for other ERP.
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Versapay
  • Allows to input transactions manually is needed
  • Able to apply refunds to previous charges
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ScreenShots

Quadient Accounts Receivable Screenshots

Screenshot of a dashboard showing where cash can be allocated back to the ERP automatically - whether remittance data is included or not - allowing for increased accuracy, higher productivity, and reduced risk of manual errors.Screenshot of an example customizable resolution and escalation workflow.Screenshot of an example custom report. These combine AR data with machine learning to predict cash flow, build credit score cards and assess payor behavior. Advanced reporting and machine learning capabilities can enable B2B finance teams to make better business decisions.Screenshot of the advanced credit module used to mitigate credit risk while driving more reliable sales for B2B finance teams.Screenshot of an example configurable, and automated, collection workflow.Screenshot of the multi-channel and multi-format invoice delivery feature that enables users contact customers, in their preferred format, for a better payment experience.