CATIC announced its launched of Versapay, a new secure payments tool for agents aimed at improving transaction workflows in a safe and secure manner.
“Versapay is an incredible tool that transforms the way CATIC manages our receivables, fostering transparency, efficiency, and stronger agent relationships through seamless communication and real-time insights,” said CATIC Director of Customer Receivables Jessica Moreno in a release. “We are already receiving positive feedback from our agents who have used this service. This is just another step towards improving the agent experience at CATIC.”
Benefits of the new tool include immediate application and posting of payments, elimination of printing and mailing checks, ACH payments or credit card payments via a secure, online portal and access to payment history for easy reconciliation.
Versapay Collaborative AR (accounts receivable) combines automated accounts receivable, intuitive collaboration tools and a next-generation business-to-business payments network. The system's collaborative AR approach connects accounts receivable teams with customers over the cloud to make AR more efficient, accelerate digital payments, and dramatically improve the customer experience, the company added.