Case Study: Construction Company achieves 90% Online Payment Adoption with Versapay

How This Construction Company Achieved +90% Customer Adoption for Online Payments

Construction Company, a construction business, was spending 75% of its credit management team’s time on paper mailings, customer calls, and manual collections. Incomplete account statements also created customer confusion, while handling multiple purchase orders and invoices made the billing process more complex.

Versapay helped Construction Company streamline accounts receivable with online payments and collections tools. The result was a near-perfection rate of customer adoption for online payments, plus a 75% reduction in tedious manual billing and collections work, including better handling of multiple POs and invoices and the ability for customers to pay by card on the go.