Growfin vs Versapay

Growfin is built to tackle complex AR for Mid-Market and Enterprise companies, while Versapay helps smaller AR operations. Growfin enhances your AR capabilities by offering a comprehensive collections CRM with complete cash flow visibility and AR collaboration.
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Trusted by high-growth finance teams around the globe
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darwinbox company logomindtickle company logomedus company logosnapptamagi logoFourkites logo
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With Growfin, you can

Reduce Manual
 Effort by
60%
Minimize 

DSO by
33%
Improve Cash
Flow by
27%
Same-Day
Posting
80%
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60%
Reduced
Manual Effort
33%
Reduction
oDSO
80%
Same-Day
Posting
27%
Faster Cash
Flow

Compare Growfin vs Versapay

Easier to Set-up & Use

With user friendly interface and intuitive workflows, Growfin is the easiest AR software to set-up and use. Get round the clock exceptional support and meet 100% of your AR needs, everyday!
Growfin
Meets Requirements
9.0/10
8.1/10
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Ease of Use
9.1/10
8.3/10
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Quality of Support
9.3/10
7.6/10
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Overall Product Direction
10.0/10
7.8/10
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Complete AR Visbility, we mean it.

With live trends and forecasts, consume your AR data like never before. Gain absolute control over your receivables by knowing exactly where things are stuck.
Growfin
Live Cash Flow trend & forecast
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Open AR by invoice Status
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Open Disputes by Type
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Open Accounts by Email status
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Detect and Prioritize Risky Accounts

With AI-powered Account Prioritization, rank your customers according to Growfin’s Health Score, calculated based on their historical payment data. With a list of your most risky payers at your fingertips, say goodbye to guess work!
Growfin
AI-based account prioritization
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Historical Health Score
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Risk detection
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Don’t Just Automate; Strategize!

With Growfin, you are not just automating dunning but you are strategising your entire AR follow up process. Segment customers based on size, value, aging bucket, etc and tailor an automated follow up cadence, how you see fit.
Growfin
Basic Dunning Automation
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Invoice vs Statement level
follow-up
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Dynamically change sender & recipient emails mid-cadence
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Condition-based, automated pause, resume & stop
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Seamless Integrations & Collaboration

Unlock effortless teamwork and make it easy for your sales and CS teams to access AR data, resolve disputes, & update statuses through a dedicated Growfin instance on Salesforce.
Growfin
Integration with your ERP
8.7/10
8.3/10
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Integration with your CRM
8.5/10
8.0/10
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Integration with other Accounting tools
8.8/10
8.6/10
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Dedicated AR dashboard within Salesforce
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Real-time task
notification on Slack
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Email Straight From Your AR Hub

With Growfin’s shared inbox, every collector has access to customer communication right from our platform, enabling you to fill in for your teammates in case of their absence. You will never miss a PTP or a dispute ever again!
Growfin
View & reply to email
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Shared Team Inbox
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red cross
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Your Collection Ops Maestro

With Growfin, every collector on your team gets a dedicated dashboard, complete with their target accounts, emails, and their monthly/quarterly targets. Additionally, the team lead can track and monitor each collector’s performance whenever they want
Growfin
Task creation
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Dedicated Collector’s Dashboard
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Collectors Performance Tracking
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That’s not all..

Growfin scores above Tesorio in

Integration with ERP
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Integration with Accounting Tools
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Customer Portal
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AI-Powered Analytics
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Product Direction (% positive)
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Trusted by high-growth finance teams around the globe
darwinbox company logomindtickle company logomedus company logosnapptamagi logoFourkites logo
darwinbox company logomindtickle company logomedus company logosnapptamagi logoFourkites logo

What our customers say

Veronica Bruce
Controller

We transitioned to Netsuite in May 2024 and Growfin provided a seamless integration. They took the time to partner directly with our Netsuite professional services team to ensure our data was not only secure but remained whole and error-free.

Colleen Lawson
Director of Revenue Accounting Operations

The Growfin-NetSuite integration has transformed our accounts receivable management. The automated processes and seamless data flow have allowed us to focus more on strategic initiatives rather than manual tasks.

Fritz Van de Kamp
CFO

Using Growfin, the percentage of overdue invoices has dropped from 25% to 22%, overdue dollars have dropped from 20% to 15%, and average days late has been reduced from 10 to about 7 days. Also, our DSO has been reduced from 45 to 30 days.

Bridgett Crank
Billing & Payroll Manager

We have such a rare way of doing our billing and collections. I love how Growfin has worked with us to customize things to the way we need them. The software is user friendly and the Customer Support has been great.

Jason Lau
Controller

Onboarding has been great. Implementation Manager has been super helpful and been a great partner. Fast responses with quick resolution. We have been asking for a lot of new features and they have been responsive in getting them into the roadmap.

Loren Rock
Accounting Manager

I love Growfin. My favorite feature right now is the DSO calculation, featured on the main dashboard. In our second quarter. we brought in the right amount to make corporate send us a congratulations email.

What our customers say

Older/aged invoices have been getting paid faster. The Growfin team was super helpful during implementation, and their support has been incredibly fast.
-  Henry Dera, VP, Global Controller, FourKites Inc.
Growfin has transformed our accounts receivable management. The automated processes and seamless data flow have allowed us to focus more on strategic initiatives rather than manual tasks.
- Colleen Lawson, Director of Revenue Accounting Operations, Greenhouse
Using Growfin, the percentage of overdue invoices has dropped from 25% to 22%, overdue dollars have dropped from 20% to 15%, and average days late has been reduced from 10 to about 7 days. Also, our DSO has been reduced from 45 to 30 days.
- Fritz Van de Kamp, CFO, Air Comm
We have such a rare way of doing our billing and collections. I love how Growfin has worked with us to customize things to the way we need them. The software is user friendly and the Customer Support has been great.
-  Bridgett, Payroll/Billing Manager, MedUS Healthcare

Book a 30-minute Growfin demo and see how we outperform Versapay.