Cash Application
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Cash Application Reviews & Product Details

Cash Application Overview

What is Cash Application?

Versapay Cash Application (previously known as DadePay) helps finance leaders quickly solve their most pressing AR challenge—manual cash application. The Versapay integrated suite of AR automation capabilities streamlines the receipt, matching, and reconciliation of any payment type from any channel, AR teams can unlock productivity, and scale to meet the demands of business growth, reduce processing costs and DSO, and accelerate access to cash. Why Cash Application? * 90%+ straight-through posting rates enables a more scalable and strategic AR department * A proven solution with a quick implementation = tangible ROI in 90 days *Award-winning mobile capabilities extend AR automation into the hands of field employees collecting payments from customers

Cash Application Details
Languages Supported
English
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Product Description

DadePay Invoice-to-Cash AR Automation is a straight-through-processing solution that captures all incoming payments, including cash, checks, ACH, EFT, and credit cards.


Seller

Versapay

Description

For growing businesses that need to accomplish more with less, Versapay’s Accounts Receivable Efficiency Suite simplifies the invoice-to-cash process by automating invoicing, facilitating B
B payments, and streamlining cash application with AI. Owned by Great Hill Partners, Versapay’s employee base spans the U.S. and Canada with offices in Atlanta and Miami. With 10,000 customers and 5M+ companies transacting, Versapay facilitates 110M+ transactions and $170B+ in payments volume annually.

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Recent Cash Application Reviews

Verified User
A
Verified UserMid-Market (51-1000 emp.)
4.0 out of 5
"Great product to reduce the amount of manual work required"
The rate of auto-matching remits to payments has cut down 65% of manual work.
Roberta L.
RL
Roberta L.Mid-Market (51-1000 emp.)
5.0 out of 5
"I am in the field 5 days a week and this App is Invaluable"
This App is so easy to use! Snapping photos of front and back of checks is a breeze. I no longer have to find the closest Company Bank and stress ...
Jim B.
JB
Jim B.Mid-Market (51-1000 emp.)
5.0 out of 5
"Payment Predictor System"
I implemented Versa Pay (Dade Systems) last Year within Day Pitney. We were able to add all the bank accounts that we receive wires/ACH Payments in...

Cash Application Media

Cash Application Demo - Collaborative AR Customer Portal Invoice listings
Collaborative AR Customer Portal Invoice listings
Cash Application Demo - Collaborative AR Customer Portal Invoice listings
Collaborative AR Customer Portal Invoice listings
Cash Application Demo - Collaborative AR Customer Portal Payment Page
Collaborative AR Customer Portal Payment Page
Cash Application Demo - Collaborative AR Supplier Portal Dashboard
Collaborative AR Supplier Portal Dashboard
Cash Application Demo - Collaborative AR Supplier Portal Invoice view
Collaborative AR Supplier Portal Invoice view
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17 Cash Application Reviews

4.3 out of 5
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17 Cash Application Reviews
4.3 out of 5
17 Cash Application Reviews
4.3 out of 5
G2 reviews are authentic and verified.
Roberta L.
RL
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Cash Application?

This App is so easy to use! Snapping photos of front and back of checks is a breeze. I no longer have to find the closest Company Bank and stress over making the deposit on time to release orders for delivery. Review collected by and hosted on G2.com.

What do you dislike about Cash Application?

There are times when whoever writes the check has messy writing skills but these ar overcome with easy corrections. Review collected by and hosted on G2.com.

What problems is Cash Application solving and how is that benefiting you?

Ease of new orders after previous payment is collected. Review collected by and hosted on G2.com.

Jim B.
JB
Treasury Manager
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about Cash Application?

I implemented Versa Pay (Dade Systems) last Year within Day Pitney. We were able to add all the bank accounts that we receive wires/ACH Payments into, and as of today, we are currently hitting a 35% automation mark with any payments that come in. The automation through Vera Pay has increased Team production and allowed the Team to focus on other pressing items. Review collected by and hosted on G2.com.

What do you dislike about Cash Application?

The only complaint, which is not necessarily a complaint, is that every time we thought we had the process perfect, another small obstacle came up that we needed to address. For example, the Imports from Versa Pay were separating (1) wire into multiple transaction(s), because that wire had multiple invoices being paid. This was a tedious task to get fixed, but since it was complete, they system is running smoothly. Review collected by and hosted on G2.com.

What problems is Cash Application solving and how is that benefiting you?

The system has taken away all the Manual aspects of applying Cash that is received and turned into more of an automated process. Also allows us to do daily reporting at a higher level. Review collected by and hosted on G2.com.

Verified User in Logistics and Supply Chain
AL
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Cash Application?

The rate of auto-matching remits to payments has cut down 65% of manual work. Review collected by and hosted on G2.com.

What do you dislike about Cash Application?

Reporting needs to be enchanced to allow better usage Review collected by and hosted on G2.com.

What problems is Cash Application solving and how is that benefiting you?

Manual remittance matching has cut down the amount of manual work required

Auto-validation has cut down manual work and misapplication Review collected by and hosted on G2.com.

MM
Director of Process Governance and Project Management
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: Seller invite
What do you like best about Cash Application?

The driver for our implementation was using Remote Deposit Capture through mobile. With centralized deposit and settlement through head office, this tool significantly reduced inbound courier costs by thousands of dollars per month, as we no longer needed to send cheques to head office. Additionally, Sales Representatives did not have to go out of their way to courier or bank branches which amounted to hundreds of hours of selling time saved. Review collected by and hosted on G2.com.

What do you dislike about Cash Application?

I honestly wish I had found Dade sooner. Going the traditional route and inquiring through the banks was unsuccessful, despite almost two years of pilot projects. If I had known a full suite of services through Dade were available, I would have saved a lot of lost time and money. Review collected by and hosted on G2.com.

Recommendations to others considering Cash Application:

If you're thinking about A/R automation, speak to Dade. They were able to meet all of our individual needs and our ROI was realized within the first 60 days. Their implementation and training team were first class. When customization was requested, Dade's team of developers were able to make necessary changes swiftly and reasonably priced. I strongly recommend Dade to any company that wants to automate their A/R collection and settlement processes. Review collected by and hosted on G2.com.

What problems is Cash Application solving and how is that benefiting you?

As we partnered with Dade, we transformed our process from one that was entirely manual to a highly automated process. This increase in automation resulted in a significant reduction of time required for the administrative team and allowed us to defer new hires and to be able to diversify the tasks assigned to them. Review collected by and hosted on G2.com.

Verified User in Building Materials
UB
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Cash Application?

We've been using DadePay for over five years. We receive payments faster by having customers pay by ACH on the Customer Portal and both ACH and check payments are applied to customer accounts much more efficiently. Review collected by and hosted on G2.com.

What do you dislike about Cash Application?

For any issues we've had with DadeSystems, they have listened to us and provided a solution. There are some limits on how much can be displayed to a customer on the Customer Portal, primarily to keep the user interface clean. Review collected by and hosted on G2.com.

What problems is Cash Application solving and how is that benefiting you?

With the Customer Portal, we went from 10% to 75% of our customer payments coming in by ACH. All ACH payments and most customer checks get applied to customer accounts without touching them. Review collected by and hosted on G2.com.

Verified User in Food & Beverages
AF
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Cash Application?

Dade has been wonderful to work with. When issues come up or I have questions they are always quick to respond and find solutions. We work with a few companies similar to Dade throughout the organization and Dade is by far the best value and the easiest to work with. Review collected by and hosted on G2.com.

What do you dislike about Cash Application?

Occasionally Dade does updates or adds features for other customers that impact what I see on my screen. It has no impact on functionality but I wish any visual changes or updates were communicated. Review collected by and hosted on G2.com.

Recommendations to others considering Cash Application:

I highly recommend talking to other users and comparing them with other companies. I think that they offer the best product for the best price. Review collected by and hosted on G2.com.

What problems is Cash Application solving and how is that benefiting you?

We used to have all of our payments sent to a lockbox offsite and processed by a service offered through our bank. Through using Dade we now have more control over our cash application process and have saved thousands each year. We also use Dade's mobile app to have our reps in the field collect and deposit payments immediately rather than having to wait on those payments to be mailed. Dade saves us time, effort, and money. Review collected by and hosted on G2.com.

ML
Accounts Receivable Manager
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Cash Application?

I like that Dade is user-friendly. The features and tools are common sense and easy to figure out if you get stuck. I also like that they are quick to respond with customer service. Review collected by and hosted on G2.com.

What do you dislike about Cash Application?

I have found that sometimes I cannot pull a research payment by check number or amount. I have to go back to my excel file and search batch/payment number to research. Review collected by and hosted on G2.com.

Recommendations to others considering Cash Application:

You will not be disappointed in allowing Dade to help your business. Review collected by and hosted on G2.com.

What problems is Cash Application solving and how is that benefiting you?

Dade solves the problem of allowing one person to complete the posting and processing of our customer's payments. The benefits are the ease of navigating through the software for resolution. Review collected by and hosted on G2.com.

Verified User in Leisure, Travel & Tourism
AL
Enterprise(> 1000 emp.)
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Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Cash Application?

Dade was great to work with when we were rolling out our payment portal. A true agile partner during implementation, and integrated our ideas into their roadmap. Review collected by and hosted on G2.com.

What do you dislike about Cash Application?

Part of the struggles we had with implemenation was we had multiple business units with different requirements that at some points were conflicting. Dadepay offered enough flexibility that we were able to over come those bumps along the way however. Review collected by and hosted on G2.com.

What problems is Cash Application solving and how is that benefiting you?

Reducing sales rep's time in collections, digital check capture, Credit card acceptance. This has reduce our sales reps from needing to go onsight to collect paper checks, something that was very important during the pandemic. Review collected by and hosted on G2.com.

Leeann (Foderaro) M.
LM
Accounting Manager
Small-Business(50 or fewer emp.)
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Validated Reviewer
Verified Current User
Review source: Seller invite
What do you like best about Cash Application?

The screens are easy to follow, it's easy to look up invoices, posted payments and PO's Review collected by and hosted on G2.com.

What do you dislike about Cash Application?

The screens can be glitchy sometimes, but this is rare. Also, the validation screen has a 5,000 invoice limit of what you can post at one time. Review collected by and hosted on G2.com.

What problems is Cash Application solving and how is that benefiting you?

It takes minutes (literally) to post payments instead of hours Review collected by and hosted on G2.com.

Verified User in Insurance
AI
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Cash Application?

DadePay has helped us Automate manual processes, collect and analyze data, and add new payment channels for our Customers. My favorite functionality is the Google-like search capabilities. This has accelerated our ability to do research and serve Customers. Review collected by and hosted on G2.com.

What do you dislike about Cash Application?

I don't have any major dislikes to add to this review. This team has done a great job helping solve any problems or questions that we have had. Review collected by and hosted on G2.com.

What problems is Cash Application solving and how is that benefiting you?

DadePay has helped us Automate manual processes, collect and analyze data, and add new payment channels for our Customers. This team is excellent to work with as well. Review collected by and hosted on G2.com.