Chaser
Chaser is a specialized accounts receivable automation software that helps you automate invoice chasing, streamline credit control, and get your business paid faster through personalized email reminders.
Versapay
Versapay is a collaborative accounts receivable software that connects your accounts receivable team with customers over a shared platform to accelerate payments and reduce manual processing costs.
Quick Comparison
| Feature | Chaser | Versapay |
|---|---|---|
| Website | chaserhq.com | versapay.com |
| Pricing Model | Subscription | Custom |
| Starting Price | $50/month | Custom Pricing |
| FREE Trial | ✓ 10 days free trial | ✘ No free trial |
| Free Plan | ✘ No free plan | ✘ No free plan |
| Product Demo | ✓ Request demo here | ✓ Request demo here |
| Deployment | ||
| Integrations | ||
| Target Users | ||
| Target Industries | ||
| Customer Count | 0 | 0 |
| Founded Year | 2014 | 2010 |
| Headquarters | London, UK | Toronto, Canada |
Overview
Chaser
Chaser is an accounts receivable platform designed to take the manual labor out of chasing unpaid invoices. You can automate your entire credit control process by setting up personalized email reminders that look like they came directly from your inbox. This approach helps you maintain strong customer relationships while ensuring you get paid on average 16 days sooner.
You can manage everything from credit checking new customers to escalating overdue accounts to professional debt collection services within a single interface. The platform integrates directly with your existing accounting system, so your data stays synchronized in real-time. It is built for small to mid-sized businesses and accounting firms that want to reduce days sales outstanding (DSO) without losing the personal touch in their communications.
Versapay
Versapay helps you bridge the gap between your accounts receivable team and your customers through a collaborative payment portal. Instead of chasing payments via disconnected emails and phone calls, you can invite customers to a shared space where they view invoices, raise disputes, and make payments instantly. This transparency reduces the friction that typically delays collections and helps you close the loop on outstanding balances faster.
You can automate the entire invoice-to-cash cycle, from sending personalized reminders to reconciling payments directly within your ERP system. The platform is designed for mid-market and enterprise companies that handle high volumes of B2B transactions and want to move away from manual data entry. By giving your customers a self-service experience, you decrease administrative overhead and improve your overall cash flow predictability.
Overview
Chaser Features
- Automated Invoice Chasing Schedule personalized payment reminders that send automatically from your own email address to maintain a human touch.
- Payment Portal Give your customers a dedicated space to view all outstanding invoices and make instant payments via credit card or bank transfer.
- Credit Checking Run instant credit reports on new and existing customers to make informed decisions about payment terms and risk.
- Customizable Schedules Create different chasing frequencies for different customer groups, ensuring your best clients get a softer approach.
- Consolidated Reminders Group multiple overdue invoices into a single email so you don't overwhelm your customers with dozens of separate messages.
- Collections Integration Escalate difficult unpaid invoices to professional debt collection services with just a few clicks directly from the app.
Versapay Features
- Collaborative Payment Portal. Give your customers a branded self-service space to view real-time account balances, download invoices, and pay online.
- Automated Collections. Set up automated email reminders and customized collection workflows to ensure you never miss a follow-up on overdue accounts.
- Multi-Channel Payments. Accept credit cards, ACH, and EFT payments directly through the portal to provide your customers with flexible payment options.
- ERP Integration. Sync your financial data automatically with major ERPs like NetSuite, Sage, and Microsoft Dynamics to eliminate manual data entry.
- Dispute Management. Resolve billing issues faster by allowing customers to flag specific line items and chat with your team directly on the invoice.
- Cash Application. Match incoming payments to open invoices automatically using AI-driven tools that handle even complex, short-paid, or bundled remittances.
Pricing Comparison
Chaser Pricing
- Up to 50 invoices chased monthly
- Unlimited users
- Personalized email templates
- Automated chasing schedules
- Customer payment portal
- Standard integrations
- Everything in Standard, plus:
- Up to 250 invoices chased monthly
- Advanced reporting and insights
- Credit checking tools
- Multi-currency support
- Priority email support
Versapay Pricing
Pros & Cons
Chaser
Pros
- Significantly reduces days sales outstanding (DSO)
- Emails look like personal messages, not automated spam
- Seamless two-way sync with major accounting software
- Easy to set up and start chasing within minutes
Cons
- Initial setup of custom schedules takes time
- Pricing can feel high for very low-volume businesses
- Limited customization for the customer payment portal
Versapay
Pros
- Significantly reduces manual data entry through ERP sync
- Improves customer experience with easy self-service payments
- Streamlines communication by centralizing disputes on invoices
- Accelerates cash flow by reducing Days Sales Outstanding
Cons
- Initial implementation requires significant time and resources
- Customer support response times can vary during setup
- Learning curve for complex custom reporting tools