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luberonon Nov 21, 2017 10:34pm
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VersaPay signs waste mgmt company as new client
VersaPay signs waste mgmt company as new client VersaPay signs waste mgmt company as new client
2017-11-21 08:09 ET - News Release
Mr. Craig O'Neill reports
VERSAPAY SIGNS AGREEMENT WITH WASTE MANAGEMENT COMPANY TO PROVIDE ACCOUNTS RECEIVABLE AUTOMATION PLATFORM
A major waste management company has become the newest client to use VersaPay Corp.'s invoice-to-cash automation solution.
The waste management company decided to offer a new digital environment to its customers, making it easier to do business together. The client expects to realize significant efficiencies by automating manual tasks such as sending overdue notices and manually applying payments. What is more the waste management company's AR (accounts receivable) staff can now view account-level information consolidated by division or across the enterprise. This enables a more pro-active approach to understanding and improving key accounts receivable performance metrics.
"We are seeing an increasing number of larger enterprises express interest in improving their accounts receivable function as finance departments have to lead by example and stretch resources further," commented Craig O'Neill, chief executive officer of VersaPay. "We are extremely pleased to be working with a significant player in the waste management industry, helping them dramatically improve their A/R and reduce waste as we eliminate paper from their process."