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Description
PayStorm is an innovative platform that leverages artificial intelligence to streamline accounts receivable processes, significantly enhancing cash flow management for small to medium-sized enterprises. By utilizing sophisticated machine learning techniques, PayStorm is capable of scrutinizing payment behaviors to detect potentially problematic clients before their payments are overdue, leading to a remarkable 40% reduction in late payments and a 17-day faster collection process. The platform offers seamless integration with accounting software like QuickBooks and Xero, which allows for the automatic importation of invoicing history to facilitate prompt payment analysis. Among its standout features are machine learning-driven risk evaluations, automated reminders that help preserve professional relationships, comprehensive cash flow analytics, and forward-looking insights. Additionally, PayStorm saves teams over five hours each week by utilizing intelligent automation while ensuring robust security measures that comply with GDPR standards. This solution is particularly well-suited for businesses that operate on project-based or retainer models, delivering effective receivables management without necessitating deep financial knowledge. With its user-friendly interface and powerful capabilities, PayStorm empowers businesses to optimize their cash flow and manage accounts receivable with confidence.
Description
Versapay’s Features:
Accounts Receivable Automation
Cash Application Automation
Payment Processing Services
ERP Payment Integration
Electronic Invoicing
API Access
Has API
API Access
Has API
Integrations
JD Edwards EnterpriseOne
Microsoft Dynamics 365
NetSuite
QuickBooks Online
Sage Intacct
Sage X3
Xero
Integrations
JD Edwards EnterpriseOne
Microsoft Dynamics 365
NetSuite
QuickBooks Online
Sage Intacct
Sage X3
Xero
Pricing Details
$24/month
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
PayStorm AI
Founded
2022
Country
United States
Website
paystorm.ai
Vendor Details
Company Name
Versapay
Founded
2006
Country
United States
Website
www.versapay.com
Product Features
Accounts Receivable
ACH Payment Processing
Billing & Invoicing
Check Processing
Collections Management
Online Payment Processing
Overpayment Processing
Partial Payments
Receivables Ledger
Recurring Billing
Product Features
Accounts Receivable
ACH Payment Processing
Billing & Invoicing
Check Processing
Collections Management
Online Payment Processing
Overpayment Processing
Partial Payments
Receivables Ledger
Recurring Billing