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YayPay Review

YayPay
Our score: 8.0 User satisfaction: 100%

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.

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.

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.

Awards & Quality Certificates

An award given to products that have recently entered the market but are already becoming very popular
This certificate is granted to products that offer especially good user experience. We evaluate how easy it is to start using the product and how well-designed its interface and features are to facilitate the work process.

YayPay Position In Our Categories

Since companies have distinctive business wants, it is prudent they avoid seeking an all-encompassing, “perfect” software product. Still, it is almost impossible to discover such application even among well-known software systems.
The rational step to undertake is to take note of the numerous critical functions which require inspection like essential features, packages, skill capability of staff, business size, etc. Thereafter, you must conduct your product research fully. Have a look at these YayPay evaluations and scrutinize each of the applications in your shortlist in detail. Such comprehensive research ensures you weed out unsuitable software solutions and select the one which meets all the benefits your business requires.

Position of YayPay in our main categories:

TOP 500

YayPay is one of the top 500 Accounting Software products

YayPay is also listed in the following subcategories:

Since each enterprise has particular business wants, it is sensible for them to abstain from searching for a one-size-fits-all faultless software system. Needless to say, it would be pointless to try to find such a platform even among market-leading software platforms. The clever thing to do would be to list the various vital elements that need consideration such as key features, budget, skill levels of staff members, company size etc. Then, you should do your research thoroughly. Read some YayPay Accounts Receivable Software reviews and check out each of the other systems in your shortlist in detail. Such in-depth research can make certain you discard ill-fitting systems and select the app that presents all the elements you need for business success.

How Much Does YayPay Cost?

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 31
Negative Social Media Mentions 0

We realize that when you make a decision to buy Accounts Receivable Software it’s important not only to see how experts evaluate it in their reviews, but also to find out if the real people and companies that buy it are actually satisfied with the product. That’s why we’ve created our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and YayPay reviews across a wide range of social media sites. The data is then presented in an easy to digest form showing how many people had positive and negative experience with YayPay. With that information at hand you should be equipped to make an informed buying decision that you won’t regret.

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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

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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.

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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Reviewed By Nestor Gilbert
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