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Versapay Corp - Ordinary Shares VPYYF

VersaPay Corp is a financial technology company that provides cloud-based accounts receivable automation software and payment solutions for businesses. The company's only segments are VersaPay Solutions Through its VersaPay Solutions segment, the company focuses on electronic invoice presentment with its ARC software (ARC) and develops value-added payment technologies, such as its PayPort and VersaPay Gateway. It sells its products to customers in Canada and the United State.


OTCPK:VPYYF - Post by User

Post by luberonon Apr 11, 2018 9:12am
48 Views
Post# 27865128

G6 HOSPITALITY

G6 HOSPITALITY

VersaPay's ARC accounting software to be used by G6

2018-04-11 09:10 ET - News Release

Mr. Craig O'Neill reports

G6 HOSPITALITY SIGNS AGREEMENT WITH VERSAPAY TO DEPLOY ARC

VersaPay Corp. has launched a new partnership with G6 Hospitality LLC, the parent company of the iconic lodging brands Motel 6 and Studio 6, to deploy the ARC platform.

"As part of our continuous focus on improving daily interactions with our franchisees and business partners, we identified specific areas to enhance including business customer access to their information, payment options, and enhanced communication," said Perry Ping, Vice President & Controller of G6 Hospitality. "With the addition of ARC, we will have near real time access to comprehensive dashboards, proactively manage outstanding receivables and provide a better experience for our business partners."

"By implementing ARC we will eliminate numerous manual steps in our existing workflow. This will improve the efficiency of our staff, enhance billing accuracy and streamline our end-to-end processes," stated John LaPlante, Vice President of IT and Program Management for G6 Hospitality.

"We are pleased to welcome G6 Hospitality to the growing list of ARC clients and we're looking forward to delivering meaningful business improvements with invoice-to-cash automation," commented Craig O'Neill, CEO of VersaPay. "G6 Hospitality adopting the ARC platform is one more example of how VersaPay is delivering the new standard in AR Automation. ARC is the perfect fit for hospitality and large franchise operations as they seek to drive operational efficiencies."

About G6 Hospitality LLC

G6 Hospitality LLC owns, operates and franchises more than 1,400 economy lodging locations under the iconic Motel 6 and the extended stay Studio 6 brands in the U.S and Canada, and Hotel 6 and Estudio 6 brands in Latin America. Headquartered in Dallas (Carrollton), Texas, G6 Hospitality was rated one of the top ten hospitality companies according to the Hotel Management 2015 Top Hotel Companies rankings list, which evaluated over 260 hotel companies. For more information please visit G6 Hospitality LLC.

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