VersaPay Chosen By Vantage Point Corporation To Provide Invoice-To-Cash Solution

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Canada NewsWire

MILWAUKEE and TORONTO, July 5, 2017

MILWAUKEE and TORONTO, July 5, 2017 /CNW/ - VersaPay Corporation (TSXV: VPY) ("VersaPay" or the "Company"), a leading provider of cloud-based invoice-to-cash solutions including electronic invoice presentment and payment, automated accounts receivable, cash application and collections management, today announced Vantage Point Corporation ("VPC") has become the newest client on VersaPay ARC™.

"At Vantage Point Corporation we take pride in challenging the status quo and delivering a better technology experience for our customers," noted Greg VerPlank, Chief Financial Officer at Vantage Point Corporation. "With VersaPay ARC we can expand our customer set without adding staff in our finance department and we're also reclaiming hours with our existing staff. What's even better is that our customers state that the platform makes it easy for them to do business with us."

"We continually build on the functionality we offer to our clients. Ease of use is a core tenet of our design and development work to ensure that our clients as well as their customers have a great user experience and eagerly adopt the platform," commented Craig O'Neill, CEO of VersaPay. "The feedback we receive from clients like Vantage Point demonstrates that ARC helps finance, accounting and collections teams achieve their objectives and advance their businesses in a dramatic and quantifiable manner."

About Vantage Point Corporation

Vantage Point Corporation is an industry-leading IT solutions provider offering enterprise clients a cost-effective and flexible solution to streamline the acquisition of IT hardware, software and services. Our comprehensive portfolio of technology products and services coupled with our highly knowledgeable and experienced staff makes VPC the best partner to meet all your IT needs. For further information, please visit www.vpcinnovations.com.

About VersaPay

VersaPay is a leading provider of cloud-based invoice-to-cash solutions, enabling businesses to provide a superior customer experience, get paid faster, streamline financial operations, and dramatically reduce DSO and costs. VersaPay ARC redefines accounts receivable and collections with a customer self-service portal, to view invoices online, collaborate on inquiries and disputes, and facilitate secure online payments (EFT/ACH and credit card). Businesses gain access to a suite of powerful tools that enable efficient collections, cash application and real-time insight into accounts receivable. VersaPay ARC automatically reconciles payments and account information through integrations with a wide range of ERPs and accounting software providers.

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More information about VersaPay is available at www.versapay.com or under the Company's profile on SEDAR at www.sedar.com.

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.

These forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business. Management believes that these assumptions are reasonable. Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors include, among others, risks related to the speculative nature of the Company's business, the Company's formative stage of development and the Company's financial position.

Forward-looking statements contained herein are made as of the date of this news release and the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results, except as may be required by applicable securities laws. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE VersaPay Corporation

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