VersaPay Achieves New Milestones As It Scales The Number of Companies Using ARC It's Invoice-To-Cash Automation Platform

VersaPay (TSXV:VPY) has announced it has achieved a milestone with its ARC invoice-to-cash automation platform.
As quoted in the press release:

77,500 end customers are now using VersaPay ARC to receive and pay invoices, representing growth of nearly 50% since the beginning of Q3. This is a key metric the Company monitors to measure real growth and the future trajectory of the platform. The number of clients using ARC to issue invoices and get paid electronically has grown to 120 including a number of larger enterprise accounts.   The growing mix of larger clients has accelerated the rate of growth in the number of end customers, a trend the Company expects to continue.
“We are gaining stride with ARC not only by adding new clients but also by acquiring large clients that have tens of thousands of customers who will ultimately use ARC,” stated Craig O’Neill, CEO of VersaPay Corporation. “The pace of activity we are seeing in the market right now is building dramatically. With the heightened awareness of potential clients and our expanded market reach through our channel partners, we expect to acquire new and larger clients at an accelerating rate.”

Click here to read the full press release.