Solupay
- Company typePrivate
- Founded2004
- HeadquartersTwinsburg, United States
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What Solupay does
Solupay Consulting, LLC, doing business as Versapay, is a privately held US payments and accounts receivable automation company founded in 2004 and headquartered at 548 Market Street #43812, San Francisco, California. The company operates a cloud-based platform that automates the full invoice-to-cash workflow, combining six integrated modules — Digital Invoicing and Customer Portal, AI/ML-powered Cash Application, Collections Management, Reporting and Reconciliation, B2B Payment Services, and ERP Integrations — to serve mid-market and enterprise finance teams in manufacturing, wholesale distribution, and professional services.
The platform's technical architecture centers on AI/ML-driven payment matching, a self-serve customer payment portal for invoice view, pay, and dispute resolution, and native bidirectional ERP integrations with Oracle NetSuite, Sage Intacct, and Microsoft Dynamics 365, supplemented by an open API and flat-file integrations. It is built on certified infrastructure with PCI DSS and SOC 2 Type 2 compliance, and the company is registered as an Independent Sales Organization of Wells Fargo Bank, Fifth Third Bank, U.S. Bank National Association, Esquire Bank NA, and Fiserv Canada Ltd., enabling it to underwrite ACH, credit card, and wire payment acceptance for B2B transactions. At scale, the platform processes approximately $257B in payments annually across 120M transactions for 10,000+ customer companies.
The business model combines quote-based annual subscription licensing for the platform modules with transaction-based fees on B2B payment processing through its ISO relationships. Go-to-market is hybrid: a consultative direct enterprise sales motion with 'Request a Demo' and 'Talk with an expert' CTAs targets enterprise buyers, a self-serve customer portal supports existing customer adoption and mid-market expansion, and partner channels are activated through ERP marketplace listings and bank sponsorship. Named customers include Laticrete, TireHub, Sharp, Carter Lumber, Wurth Canada, North Atlantic International Logistics, Gulf Coast Panama Jack, and Cole Scott Kissane, and international operations are run through a Canadian affiliate, Versapay ULC, with trademark coverage in the EU and UK.
Solupay firmographics
Firmographics- Name
- Solupay
- Legal name
- Solupay Consulting, LLC
- Website
- https://solupay.com
- Company type
- Private
- Founded year
- 2004
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Ownership category
- akta.pro rank
Solupay industry classification
Industry- Product category
- Accounts Receivable Automation Software
- NAICS
- Software Publishers (513210), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Credit Intermediation and Related Activities (522)
- SIC
- Services-Prepackaged Software (7372), Finance Services (6199)
- akta.pro primary industry
- Invoicing, Billing & Accounts Receivable Automation (FSAGAJAC)
- akta.pro secondary industries
- Accounts Receivable (Invoicing, Cash Application, Deductions) (BPAAAGAB), Recurring Billing & AutoPay Management (FSAMAJAE), Merchant-of-Record (MoR) & Payment Facilitation (PayFac) Infrastructure (FSAGABAE)
Keywords
Where Solupay is headquartered
LocationHeadquarters
- HQ city
- Twinsburg
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Solupay business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- Platform Subscription: Accounts receivable automation platform subscription with modules for digital invoicing, cash application, collections management, reporting, and B2B payments
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Quote-based enterprise pricing |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels7 records
Solupay product offering
Product offeringCore offering
Solupay, doing business as Versapay, sells a unified accounts receivable (AR) automation platform that automates the entire invoice-to-cash process for mid-market and enterprise B2B finance teams. The platform combines digital invoicing, AI-powered cash application, collections management, B2B payment processing, and native ERP integrations. It is delivered as a SaaS subscription and is offered alongside transaction-based payment services enabled through its ISO registrations with major U.S. and Canadian banks.
Product overview
Versapay is a unified accounts receivable automation platform that automates and simplifies the entire invoice to cash process. The platform consists of six integrated modules: Digital Invoicing and Customer Portal (electronic invoice presentment and self-serve payments), Cash Application (AI-powered payment matching), Collections Management (automated collections and risk prioritization), Reporting and Reconciliation (real-time AR metrics and dashboards), B2B Payment Services (flexible payment acceptance including ACH and credit cards), and ERP Integrations (native connections to major ERP systems). These modules work together to deliver end-to-end automation from invoicing through reconciliation.
Differentiator
Problem solved
Functional benefit
Products and services
- Digital Invoicing and Customer Portal
Quantifiable outcome
- Laticrete boosted cash receipts by $6 million using accounts receivable automation
- +2 more outcomes
Companies that use Solupay
Customer profileNamed customers8 records
Segments4 records
Ideal customer profiles1 record
Solupay technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
AI capability4 records
Feature5 records
Solupay partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core and flagship.
- Oracle NetSuitecoreNative ERP integration with Oracle NetSuite enabling seamless invoice data sync, payment processing, and reconciliation posting to NetSuite
- Sage IntacctcoreNative ERP integration with Sage Intacct for accounting data synchronization and automated posting
- Microsoft Dynamics 365 Business CentralcoreNative integration with Microsoft Dynamics 365 Business Central for enterprise resource planning connectivity
- Microsoft Dynamics 365 Finance & Supply Chain ManagementcoreNative integration with Microsoft Dynamics 365 Finance & Supply Chain Management for large enterprise deployments
- Wells Fargo Bank, N.A.flagshipRegistered Independent Sales Organization of Wells Fargo Bank, N.A. (Concord, CA) for B2B payment processing services
- Fifth Third Bank, N.A.flagshipRegistered Independent Sales Organization of Fifth Third Bank, N.A. (Cincinnati, OH) for B2B payment processing services
- U.S. Bank National AssociationflagshipRegistered Agent of the Canadian branch of U.S. Bank National Association for cross-border B2B payment processing
- Esquire Bank NAcoreRegistered Agent of Esquire Bank NA (Jericho, NY) for B2B payment services
- Fiserv Canada Ltd.flagshipIndependent Sales Organization of Fiserv Canada Ltd. for Clover payment processing and merchant services
Scale indicators4 records
Recent moves1 record
Expansion highlights5 records
Solupay competitors and assessment
Company assessmentDirect peers
- HighRadius: HighRadius is a direct competitor offering an AI-powered autonomous finance platform spanning order-to-cash and treasury, with strong AR automation, cash application, and collections modules targeting mid-market and enterprise finance teams—directly overlapping Versapay's core product set.
- Bill.com: Bill.com provides B2B payments and AR/AP automation for SMBs and mid-market, with invoice delivery, payment acceptance, and cash application features that compete head-to-head with Versapay's invoicing and B2B payment services, especially in the U.S. market.
- Stampli: Stampli is an AP-automation-first platform with an integrated B2B payments network and collaborative invoice management, targeting the same mid-market finance teams Versapay serves and increasingly overlapping on AR-adjacent capabilities.
- Tipalti: Tipalti offers AP automation, supplier payments, and global mass payments with expanding invoice-to-cash capabilities, serving the same mid-market and enterprise finance personas and overlapping with Versapay on B2B payment acceptance and ERP integrations.
- AvidXchange: AvidXchange is a B2B payments and invoice automation platform focused on mid-market AP and increasingly AR, with deep ERP integrations and a payment network analogous to Versapay's ISO-backed payment services.
- YayPay by Bottomline: YayPay (acquired by Bottomline Technologies) is an AR automation solution with collections management, cash application, and predictive analytics capabilities that directly compete with Versapay's AR modules in the mid-market and enterprise segment.
Emerging players
- Tesorio: Tesorio provides cash flow forecasting and AR analytics software with collections prioritization, partially overlapping with Versapay's Reporting & Reconciliation and Collections Management modules but with a narrower AR-focused scope.
Broad incumbents
- Sage Intacct: Sage Intacct is a major cloud ERP whose native AR module Versapay integrates with; it competes with Versapay on basic AR functionality and could expand native features that displace third-party AR platforms in lower-complexity segments.
- Oracle NetSuite: Oracle NetSuite is the cloud ERP platform Versapay integrates with; its native AR, billing, and payment capabilities form a broad incumbent alternative that could disintermediate Versapay for customers seeking single-vendor ERP suites.
- Microsoft Dynamics 365 Finance & Supply Chain: Microsoft Dynamics 365 Finance & Supply Chain Management includes native AR, collections, and cash application modules as part of a broader ERP; it competes with Versapay for enterprise finance teams that prefer all-in-one ERP suites over best-of-breed AR.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Solupay social profiles
Digital presenceSolupay compliance and trust
Trust signalCompliance2 records
Solupay financial estimates
Financial estimateRevenue estimate
Valuation estimate
Solupay leadership team
Management profileNumber of profiles
Profiles1 record
Solupay funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Solupay M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Solupay
What does Solupay do?
Solupay, doing business as Versapay, sells a unified accounts receivable (AR) automation platform that automates the entire invoice-to-cash process for mid-market and enterprise B2B finance teams. The platform combines digital invoicing, AI-powered cash application, collections management, B2B payment processing, and native ERP integrations. It is delivered as a SaaS subscription and is offered alongside transaction-based payment services enabled through its ISO registrations with major U.S. and Canadian banks.
Is Solupay a public or private company?
Solupay is a private company. It is classified as unknown and is currently operating.
When was Solupay founded?
Solupay was founded in 2004. It employs 51 to 100 people.
Where is Solupay based?
Solupay is headquartered in Twinsburg, United States, in the North America region.
How does Solupay make money?
One revenue line is on record: platform Subscription.
Who are Solupay's main competitors?
Direct peers on record are HighRadius, Bill.com, Stampli, Tipalti, AvidXchange and YayPay by Bottomline. Tesorio is listed as an emerging player. Broad incumbents are Sage Intacct, Oracle NetSuite and Microsoft Dynamics 365 Finance & Supply Chain.
Does Solupay have an API?
Yes. Versapay offers an Open API for integrations. The API documentation is available at developers.versapay.com. Additionally supports flat file integrations as an alternative integration method. Developer documentation is at developers.versapay.com.
What industry is Solupay in?
Solupay's product category is Accounts Receivable Automation Software. Its primary akta.pro industry code is FSAGAJAC, Invoicing, Billing & Accounts Receivable Automation, with a secondary code of BPAAAGAB, Accounts Receivable (Invoicing, Cash Application, Deductions). Its NAICS code is 513210 and its SIC code is 7372.