DENVER and TORONTO, May 3, 2017 /PRNewswire/ - VersaPay Corporation (TSXV: VPY) ("VersaPay" or the "Company"), a leading provider of cloud-based invoicing, accounts receivable management and payment solutions, today announced that it has been selected by The Denver Post to provide ARCTM its cloud based invoicing and accounts receivable automation platform.
"The Denver Post is among the top 10 largest newspapers by circulation in the U.S. We have achieved this status by continuously striving to advance our offerings for our customers as we have done with the VersaPay solution," noted Justin Mock, CFO of The Denver Post. "By working with VersaPay we are able to provide our customers with greater flexibility, by offering a range of payment options including ACH and credit card acceptance in a highly secure environment."
"Working with VersaPay ARC enables us to provide customers with invoices, statements and all of their account information in one place. That makes for a superior experience for our customers," stated Carly Kelso, Director of Advertising and Circulation Accounting at The Denver Post. "This platform makes our daily financial operations much more efficient."
"I am pleased that The Denver Post has chosen our solution. They are a large and highly recognized daily, and selecting us once again demonstrates the great value that VersaPay delivers to large organizations," noted Craig O'Neill, CEO of VersaPay. "We look forward to continuing to build on the momentum we have in the media industry."
About The Denver Post
The Denver Post is the flagship newspaper of MediaNews Group Inc. MediaNews is today one of the largest newspaper chains in the U.S., publisher of 61 daily newspapers and more than 120 non-daily publications in 13 states.
As the major newspaper in Denver, The Denver Post ranks 12th daily and 10th Sunday of the largest-circulation newspapers in the United States. As of March 2016, it has an average weekday circulation of 1.2 million and Sunday circulation of 840,179. The Denver Post receives approximately six million monthly unique visitors generating more than 13 million page views, according to comScore.
For further information please visit http://www.denverpost.com/
VersaPay is a leading cloud-based invoice presentment and payment provider for businesses of all sizes. VersaPay's ARC software-as-a-service offering allows businesses to easily deliver customized electronic invoices to their customers, to accept credit card and EFT payments and automatically reconcile payments to their ERP and accounting software.
Forward Looking and Other Cautionary Statements
This news release contains "forward-looking information" which may include, but is not limited to, statements with respect to the activities, events or developments that the Company expects or anticipates will or may occur in the future. Such forward-looking information is often, but not always, identified by the use of words and phrases such as "plans," "expects," "is expected," "budget," "scheduled," "estimates," "forecasts," "intends," "anticipates," or "believes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may," "could," "would," "might" or "will" be taken, occur or be achieved.
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SOURCE VersaPay Corporation