What Is YayPay?
YayPay is software that specializes in the area of accounts receivable. It claims to be a full end-to-end AI solution.
Pros of YayPay
Every business owner wants the best accounts receivable platform to help their business stay on track. The same is true for invoicing software, and any other financial management software. We’ve taken a closer look at seven drawcards for YayPay.
Dynamic Solution for SMBs (Small & Midsize Businesses)
This platform offers a dynamic solution for businesses of all sizes.
Whether it is a small or medium business or a corporation, the streamlined, centralized approach of Yaypay offers a dynamic solution for your financial management and accounts payable needs.
Responsive Mobile Platform
While this platform doesn’t offer a stand-alone application for Android or iOS, that’s not to say that it doesn’t offer a responsive mobile platform.
It’s fully optimized for mobile browsers, giving you the flexibility to access your accounts payable and reporting software on any device.
Time Saving Auto-Invoicing and Recurring Payments
Since this platform is focused on accounts payable, automatic invoicing is not a focus of this program. However, recurring payments can be set up as part of the accounts payable.
Simplicity
The YayPay platform offers simplicity and efficiency in every form. From the centralized accounts payable dashboard to the streamlined and integrated reporting, this software is simple.
Great Reporting
Understanding your business’ finances is the first step toward improving the workflow, and increasing profits.
With comprehensive tax reporting, invoice reporting, expense reporting, and profit reporting, you can stay on top of your financial management.
YayPay’s accounts payable platform is not only comprehensive but also centralized and integrated, meeting your ease-of-use needs.
Time Tracking
This platform is not specialized in project or time management, but in accounts payable. As such, the software doesn’t offer comprehensive time tracking services.
Invoice to Pay Function
This platform allows you to create customizable invoices and receive payment instantly via the payment portal. From e-wallets to bank transfers, YayPay has you covered.
YayPay Features
YayPay offers a plethora of features that can be of great use. This is a list of some of the most noteworthy features:
- Accounts receivable dashboard
- Automated communications
- Predictive analysis capabilities
- Collections management
- Integrated payments
- Customized features
- Client credit assessment
- Flexible payment options
- Invoice-payment integration
- AR reporting
- Communications history
- Invoice reporting
- Expense reporting
- Payment reporting
- Invoice sorting
- Communications sorting
- Integrated communications and payment history
- Integrated reporting
- Cloud-based storage
- Other app integrations
YayPay Pricing
Most financial management platforms and invoicing software have several different payment plans on offer. YayPay is not, in this way, a standard platform.
Rather than offering standardized pricing plans, YayPay deals with each business on a customized basis.
Your pricing plan will be calculated according to the services you indeed, and the guidance that YayPay feels you could benefit from.
Technical Details
Financial management software has many technical aspects that need to be considered. This is a summary of the technical specifications for YayPay.
Available Platforms
- Windows (browser)
- Mac (browser)
- Android (browser)
- iOS (browser)
Deployment
- Cloud-based
Language Support
- English
Billing Options
- Client-specific
Customer Types
- Small & Medium Businesses
- Large corporations
Customer Service
YayPay provides multiple options for contacting customer support. You can choose to use the online customer support form, phone the correct regional office, or email the department in question.
Bottom Line
If you’re looking for accounts management software that specializes in the area of accounts receivable, then this may be exactly what you’re looking for.
If you’re simply looking for centralized software to help manage your accounts, then you may wish to look at competitors.
Some software, like FreshBooks and QuickBooks, have all the functionality that you need with an intrinsically simple design.
YayPay certainly has advantages, but consider carefully before you decide.