Versapay Presents:
AR All Star Awards
CONGRATULATIONS TO ALL THE WINNERS!
May 19th is National AR Appreciation day!
Join us to celebrate everything AR pros do for their organization and highlight the amazing work that your team has done to drive efficiency and cashflow through collaboration!
Congratulations to our 2021 Winners!
Data Driven Awards
Highest E-Adoption
Winner: Jeffrey Phaneuf
Company: bxp.com
Versapay Product: ARC
Industry: Real Estate
"Boston Properties eAdoption rate is at 98%. We were so happy with the results we spoke at Versapay's September 2019 Versapay Investor Forum. We also joined Versapay in October 2020 at Association for Financial Professionals (AFP) event with US Bank and WPG. As well as November 2020 at New England Group for AFP."
Highest P-Adoption
Winner: DeVere Insulation, Credit Team
Company: devereinsulation.com
Versapay Product: ARC
Industry: Construction
"DeVere Insulation has achieved a 92% p-Adoption rate."
Transformational Awards
Best Transition to Digital Payments
Winner: Sharp USA and Sharp Canada
Company: sharpusa.com and sharp.ca
Versapay Product: ARC
Industry: Technology
"Both Canada and US started on-boarding customer in March, and have had great momentum. Sharp Canada specifically, saw total digital payments increase week over week from $41k on week 12 to $117k week 13.
Largest DSO Reduction
Winner: Heather Copp
Company: merrillmfg.com
Versapay Product: NetSuite
Industry: Manufacturing
"Heather is deserving of this award as our company's DSO is best in class. She works very closely with all of our customers and makes contact with them frequently. She has developed automated reporting that increases transparencies in the receiving process."
Most Improved Customer Satisfaction
Winner: Regency Centers Property Management and Accounts Receivable Team
Company: regencycenters.com
Versapay Product: ARC
Industry: Real Estate
"Versapay has empowered many more members of ours and our tenant's team with the transparency they need to reconcile account activity, in ways that have given back time to our Accounts Receivable team and made our field PMs more effective at being able to provide immediate assistance to our tenants in ways that were not possible before."
Largest Efficiency Gains
Winner: Kathie Lampkin
Company: engineeringsales.com
Versapay Product: Solupay
Industry: Consumer Services
"AR was at a 33% past due. In 3 months was able to get to 9%"
Best ERP Implementation Success Story
Winner: Mike Flynn
Company: rapid7.com
Versapay Product: ARC
Industry: Legal Services
"Our customers now have a single view of all their invoices and the ability to track invoice status and payments through their own portal leading to a much improved and appreciated experience! Before ARC, we had 2 team members dedicated to sending invoices and reminders and entering payments from customers. Rapid7 is now saving over 50 hours a week and have higher confidence in the delivery of our communications to our customers."
Appreciation-based Awards
Collector of the year
Winner: Tammy Craft
Company: RPC.ca
Versapay Product: ChargeLogic
Industry: Legal Services
"Our AR over 90 has been reduced by 70% over the past 5 months, and subledgers have been fully reconciled. Our organization was at risk of serious cash flow issues before Tammy stepped in."
Above the Cloud Collaborator
Winner: Alec Sorbello
Company: rapid7.com
Versapay Product: ARC
Industry: Cybersecurity
"Alec was part of the team that launched VersaPay to deliver an exceptional payment experience to our customers. Alec was instrumental in the roll and adoption of the ARC platform, and even more importantly has been a wonderful mentor and advocate for VersaPay both internally to our team and to our customers."
Woman of the Year
Winner: Dawn Driessen
Company: ryancompanies.com
Versapay Product: ARC
Industry: Real Estate
"Dawn led out implementation of ARC for Ryan Companies. She demonstrated exemplary leadership by bringing our whole team from the start so they could be there on the journey of implementation to production. She constantly gathered the team, motivated them, and inspired each team member. She demonstrates integrity, respect, stewardship, excellence and fun in everything that she does."
Newest Asset
Winner: Blade Mitchell
Company: englandlogistics.com
Versapay Product: ARC
Industry: Transportation
"Blade has been a fantastic new addition to England Logistics A/R team as a supervisor and has taken on the ARC integration in full capacity. He has jumped right into any pending dilemma's and has been incredible at following up with his team and the Versapay team to solve any questions. Very proactive!"