Versapay Adds AI Across Invoice to Cash Platform
Versapay announced in a press release Versapay Intelligence, an AI layer spanning invoicing, collections, cash application, payments and ERP connections. Three capabilities are available: an assistant that answers workflow questions, real time sentiment scoring for customer conversations and summaries of payment history, overdue balances, credits and open invoices.
An enhanced cash application feature is in beta. It reads remittance details from PDFs, spreadsheets and scanned images, then matches them with open invoices. Versapay said the system shows users how it reached its results.
The company also added automatic customer segmentation, configurable collection workflows, prioritized task lists, communication records and performance dashboards. New ERP features include embedded payments for Microsoft Dynamics F&SCM, Canadian merchant support and grouped invoice payments for NetSuite, plus project based and multiple currency invoice support for Sage Intacct.
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