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YayPay Review

YayPay
Our score: 8.0 User satisfaction: N/A

What is YayPay?

YayPay is a smart accounts receivables management solution that helps financial teams perform better, manage receivables more efficiently, and get payments from clients timely. The software combines real-time accounts receivables, analytics, and cash forecast.

YayPay takes care of all the grunt work of payment collection, taking all invoices and turning them into statements, and delivers them to customers before their due dates. These reminders come with easy payment options that allow them to pay and settle their invoice in minutes.

With YayPay, companies enjoy AI, robotics, process automation and machine learning that turn finance teams into revenue powerhouses. The software automates payment collections from customers through personalized interactions. On top of that, YayPay predicts cash and gives workflow remedies that save collection costs and streamline cash flow.

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Overview of YayPay Benefits

YayPay is designed to take all the grunt work of accounts receivables management and automate them all so you get paid faster and timelier. The software helps speed up your cash flow and manage your payment collections in a very efficient manner, saving you time and costs that stem from handling invoices, reminding clients, and collecting payments.

With YayPay, your account receivables specialists are able to save hours of their time per day, enabling them to do more than just handle invoices, calling and following up clients to remind them of their balances, and more.

From a single, unified interface, you can call or email clients about their payables. The system tracks all your communications, allowing your to follow-up more efficiently and effectively.

Powerful AI and machine learning analyze your payors’ credit risk an historical payment behavior to predict payment patterns, helping your accounts receivables staff to devise and implement practices that increase efficiencies.

Your chief financial officer (CFO) can easily access the system and view all the information he or she needs to see payor trends, analytics, invoices performance, and AR Team efficiency among others. This visibility allows him or her make better decisions and actions on how to improve account receivables, bring down outstanding receivables and DSO by up to 30%, and further accelerate business growth.

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Overview of YayPay Features

  • Real-Time AR Analytics Cash Forecasts
  • Dynamic AR Aging Report
  • Single Point of Record
  • CRM for AR
  • Complete Communication History

What Problems Will YayPay Solve?

  1. Many companies (including large global brands) still use Excel to manage their Accounts Receivable and Collections process. This set up demands a lot of manual work. YayPay completely automates AR. On average, the platform cuts manual AR work in half.
  2. Bringing down DSO (Days Sales Outstanding) can make a huge difference to organization’s bottom line. YayPay’s customers are treated to up to 30% reduction in DSO.
  3. Normally, AR data is decentralized and lives on a few different platforms/tools with many staff working on the same accounts. YayPay takes your data directly from your ERP and serves as a single source of truth for everyone in your organization.

YayPay Position In Our Categories

Since businesses have unique business-related wants, it is only practical they steer clear of buying a one-size-fits-all, ”best” business program. Having said that, it is difficult to find such an app even among popular software systems. The reasonable thing to do would be to spell out the various major aspects which necessitate research including essential features, costing, technical skill aptitude of the employees, business size, etc. The second step is, you should double down on your research systematically. Read some of these YayPay analyses and check out each of the software products in your shortlist more closely. Such all-encompassing product research guarantee you avoid poorly fit software products and pay for the one which meets all the tools your company requires.

Position of YayPay in our main categories:

TOP 500

YayPay is one of the top 500 Accounting Software products

There are well-liked and widely used solutions in each software category. But are they automatically the best fit for your organization’s unique wants? A trendy software application may have thousands of users, but does it present what you need? For this reason, do not blindly invest in popular systems. Read at least a few YayPay Accounts Receivable Software reviews and think about the aspects that you desire in the software such as the price, main features, available integrations etc. Then, choose a few apps that fit your wants. Try out the free trials of these platforms, read online comments, get information from the seller, and do your investigation meticulously. This exhaustive homework is certain to aid you find the finest software application for your company’s unique requirements.

How Much Does YayPay Cost?

YayPay Pricing Plans:

Free Trial

Quote-based Plan

Contact vendor

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What are YayPay pricing details?

YayPay Pricing Plans:

Free Trial

Quote-based Plan

Contact vendor

Contact YayPay for pricing information and other product details. You can also submit a request for a demo to see if the software is a perfect fit for your business.

User Satisfaction

Positive Social Media Mentions 0
Negative Social Media Mentions 0

We know that when you choose to purchase a Accounts Receivable Software it’s crucial not only to learn how professionals score it in their reviews, but also to find out if the real people and companies that purchased it are actually satisfied with the product. That’s why we’ve devised our behavior-based Customer Satisfaction Algorithm™ that aggregates customer reviews, comments and YayPay reviews across a broad array of social media sites. The information is then featured in an easy to understand way showing how many people had positive and negative experience with YayPay. With that information available you should be ready to make an informed business choice that you won’t regret.

Video

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Technical details

Devices Supported

  • Windows
  • Linux
  • Android
  • iPhone/iPad
  • Mac
  • Web-based
  • Windows Mobile

Deployment

  • Cloud Hosted

Language Support

  • English

Pricing Model

  • Quote-based

Customer Types

  • Large Enterprises
  • Medium Business

What Support Does This Vendor Offer?

  • email
  • phone
  • live support
  • training
  • tickets

What integrations are available for YayPay?

YayPay integrates with the following business systems and applications:

  • Oracle NetSuite
  • Sage Intacct
  • Acumatica
  • Eniteo by Enmark Systems
  • QuickBooks Online
  • Salesforce
  • Custom Integrations available via our REST API
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Nestor Gilbert

By Nestor Gilbert

Nestor Gilbert is a senior B2B and SaaS analyst and a core contributor at FinancesOnline for over 5 years. With his experience in software development and extensive knowledge of SaaS management, he writes mostly about emerging B2B technologies and their impact on the current business landscape. However, he also provides in-depth reviews on a wide range of software solutions to help businesses find suitable options for them. Through his work, he aims to help companies develop a more tech-forward approach to their operations and overcome their SaaS-related challenges.

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