Recurly vs. Versapay

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Recurly
Score 8.7 out of 10
Enterprise companies (1,001+ employees)
Recurly is a subscription billing platform and manages customer communications via email, business performance monitoring, and account changes. A merchant bank account is required to work with Recurly. A payment gateway is part of the product but it integrates with other gateways, such as PayPal, to give shoppers a more comprehensive suite of payment options.
$249
per month
Versapay
Score 9.1 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
RecurlyVersapay
Editions & Modules
Starter
$249
per month
Professional
Get a custom quote
per month
Elite
Get a custom quote
per month
No answers on this topic
Offerings
Pricing Offerings
RecurlyVersapay
Free Trial
YesNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeOptionalNo setup fee
Additional DetailsFor startups and SMBs looking to launch today and grow their subscription business fast, the Starter plan (formerly Core) is available with no monthly platform fee plus no payment volume fee for first $40,000 USD per month in first 3 months for new customers only.
More Pricing Information
Community Pulse
RecurlyVersapay
Features
RecurlyVersapay
Accounts Receivable
Comparison of Accounts Receivable features of Product A and Product B
Recurly
-
Ratings
Versapay
9.9
1 Ratings
21% 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
Best Alternatives
RecurlyVersapay
Small Businesses
WooCommerce Subscriptions
WooCommerce Subscriptions
Score 8.6 out of 10
MIP Fund Accounting
MIP Fund Accounting
Score 9.1 out of 10
Medium-sized Companies
Sage Intacct
Sage Intacct
Score 8.6 out of 10
Accounting Seed
Accounting Seed
Score 8.4 out of 10
Enterprises
Agentforce Revenue Management
Agentforce Revenue Management
Score 8.7 out of 10
BlackLine
BlackLine
Score 8.9 out of 10
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User Ratings
RecurlyVersapay
Likelihood to Recommend
8.6
(23 ratings)
10.0
(1 ratings)
Likelihood to Renew
7.5
(2 ratings)
8.0
(1 ratings)
Usability
9.2
(9 ratings)
10.0
(1 ratings)
Support Rating
10.0
(1 ratings)
10.0
(1 ratings)
Implementation Rating
-
(0 ratings)
10.0
(1 ratings)
User Testimonials
RecurlyVersapay
Likelihood to Recommend
Recurly
Recurly is great for tracking transactions and reviewing payment method declines. The platform is extremely helpful when dealing with scenarios where someone believes they have been fraudulently charged for the product. Recurly allows for transaction filtering, which is very helpful when trying to find possibly fraudulent charges very easy. If expecting precise, detailed information about a card decline, Recurly would not be very helpful.
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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
Recurly
  • It handles 1:1 and 1:many accounts to subscription set up.
  • It has a good billing customization option (cadence, pricing, etc.)
  • Can easily set up a customer account and invoice - billing link can be generated so no need to take credit card info over chat, phone, or email.
  • Great and responsive customer support.
  • Supports multi-language.
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Versapay
  • Interfaces with NetSuite
  • Reports easy to produce
  • Funds deposited quickly
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Cons
Recurly
  • I really can't think of any shortcomings on Recurly because they have tried to cover all bases well. However, I believe that pricing could be little competitive because Recurly can become quite expensive when you have acquired a good number of subscribers. So apart from price, there are no shortcomings I can think of on product side.
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Versapay
No answers on this topic
Likelihood to Renew
Recurly
I believe we would continue to use Recurly because they have shown that they are continually improving their software, and they listen to their customers
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Versapay
The fees are what factors if renewing
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Usability
Recurly
Apart from a lot of scope, which it has for improvement, like analytics, api's, customer service, downtimes. It still provides a lot of value, it is helpful for us in Business crtical areas, managing subscriptions and creating and launching coupons, ease of usability, camparatively lower maintainence are some valid reasons to prefer Recurly.
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Versapay
Easy to use and understand
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Support Rating
Recurly
They have always been quick to respond and help. I love their chat feature at the bottom right-hand corner of the platform.
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Versapay
Quick responses when have questions or concerns.
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Alternatives Considered
Recurly
Recurly does a much better job at handling subscription payments than QuickBooks Online. We only use QuickBooks Online when we have a client who cannot pay via credit/debit card. In those cases, we send out automatic invoices via QuickBooks Online instead. 95% of our clients are processed through Recurly.
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Versapay
No answers on this topic
Return on Investment
Recurly
  • Providing an interface for our subscribers to manage their own accounts has simplified our business tremendously. This alone has freed up hours of our staff's time each day.
  • Many customers receive new credit cards due to expiration or fraud. The time we spent in updating this information prior to using Recurly's Revenue Recovery feature versus now is significant.
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Versapay
  • Allows to input transactions manually is needed
  • Able to apply refunds to previous charges
Read full review
ScreenShots

Recurly Screenshots

Screenshot of payments with smart routing to improve transaction success rates and conversions by offering a variety of payment methods, such as credit cards, PayPal, Amazon Pay, Apple Pay, Google Pay, and ACH.Screenshot of the flexible ways to configure subscription billings workflows, and automate recurring invoicing based on the subscription parameters.Screenshot of automated dunning communications to increase collection effectiveness. Configurable across period and timing, if the payment is past due or declined, selected and personalized dunning campaign launch.Screenshot of the features to set up and test different products, plans, and pricing options, plus promotional tools like free trials, coupons, and gift subscriptions and cards to attract more customers.Screenshot of Recurly analytics, which provides a 360° view into the health of a subscription business's plan performance, churn trends, campaigns results, financial metrics. These inform decisions for business growth.