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Frontrunner 2020
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What is YayPay?
YayPay is a cloud-based accounts receivable (AR) automation solution aimed to serve credit, collection and accounts receivable teams. The solution is designed for various industry verticals including manufacturing, wholesale, consulting and information technology outsourcing. Key features include a dashboard, reporting, analytics, collection communications and more.
YayPay offers a dashboard that allows users to view outstanding invoices and payor trends. The dashboard also features real-time days sales outstanding (DSO), payment prediction and automated collection activity. Predictive algorithms let users view high priority accounts. Additionally, the solution offers AR management that includes payors’ credit risk assessment and historical payment behavior.
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User Review Highlights
4.5
26 Reviews
Ease-of-use
out of 5Customer Support
out of 5Value for money
out of 5Functionality
out of 5"YayPay is straightforward and easy to use and allows me to have transparency into my book of business."
"Helps create process in the accounting department, which as a startup is very important. Staff at Yaypay are agile and respond to customer needs."
"There is a lot of functionality that allows you to get useful work done and recorded. What I like most about this company is that they are continually putting out new features that are really useful."
"Recurring problems with invoice PDF's not being sent to customers, issues with customer contacts not updating between YayPay and Intacct, not being able to easily audit the system, etc."
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Which features does YayPay offer?
Core features:
Account ReconciliationAccountingAccounting IntegrationAccounts ReceivableACH Payment ProcessingActivity TrackingAging TrackingAPIAutomated NoticesBilling & InvoicingShow more features +
Other Top Recommended Accounting Software
How easy is YayPay to use and deploy?
YayPay supports Cloud Based deployment options, including: Cloud, SaaS, Web-based.
4.5/5 out of 26 Reviews
Showing 1 - 5 of 26 reviews
Kyle
Verified reviewer
Company size: 1,001-5,000 employees
Industry: Construction
Time used: Less than 12 months
Review Source: Capterra
April 2019
Best debt collection software for the money
We feel like a real partner with Yaypay. They always provide timely support, listen to our feedback and work hard to address the items as quickly as possible.
Pros
Yaypay is very intuitive and friendly to use that allows anyone to easily view and understand the data. It is capturing more features all the time and well versed with tight integration to our other systems.
Cons
There are a few more features we would like however, they are quickly capturing more features and continuing getting more feedback.
Rachel
Company size: 501-1,000 employees
Industry: Accounting
Time used: Less than 6 months
Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.
July 2021
Yaypay
Yaypay has been great so far. Sure easy to navigate through things. We are able to set up our own email templets, set to do tasks, assign tasks to specific people. Everything we want done automatically we can do. through yaypay now.
Pros
This software is extremely user friendly. You can customize it to your own liking and to your ability based on your company
Cons
So far have not found anything that we dislike about it just yet. Setting our company up within yaypay has been a long process so we are hoping it all works out exactly the way we want it to
Reasons for switching to YayPay
We made the switch to have a more automated process within our company
Anonymous
Company size: 51-200 employees
Time used: Less than 6 months
Review Source: Capterra
May 2019
YayPay
Pros
I like the dashboard because it shows all of the pertinent aging information (DSO, total payments collected for the month, total outstanding invoices, etc) with ease of access to the details of that data. Website is bright and easy to navigate. Very simple.
Cons
I would like to search an invoice in the search bar and have the account pop up without having to drill into the window. I would like to be able to send notices on the individual invoice contact level. Right now we are only able to send on an account level.
Mohammad
Company size: 201-500 employees
Industry: Marketing and Advertising
Time used: Less than 12 months
Review Source: Capterra
April 2019
YayPay and Us
Overall YayPay has been a great partner and we understand the limitations at the moment due to it being a relative new software and understanding their pipeline for add-ons. We hope to see great things from YayPay.
Pros
The software is very user friendly and has a great potential to be a very robust system that can stand out amongst a sea of dunning apps. I do like the support and direct line I have with our Account Manager, since this gives a more on-hand care touch, which I hope doesn't change as they scale.
Cons
There are challenges with the partners YayPay has partnered with such as credit card merchants, it seems the partners are not very flexible with terms and have a very "our way or nothing at all" attitude and are care more about their bottomline than having a good partnership and thus has prevented us from using YayPay to its fullest capabilities.
Nathan
Company size: 51-200 employees
Industry: Accounting
Time used: More than 2 years
Review Source: Capterra
April 2019
GREAT app! Amazing Rating system for Customers
Pros
The software is great. It can handle many accounts, have billing history, and make auto emails. Its makes it as well easy for customers to way via ACH or card.
Cons
Nothing really! The app is great and it would be cool to see a iPhone app.
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