Loading organizations...
Quadient Accounts Receivable by YayPay is a software-as-a-service platform automating and optimizing the entire accounts receivable lifecycle. It accelerates cash flow, reduces manual tasks, and improves financial efficiency through automated invoicing, intelligent collections, and precise cash application. The platform leverages predictive analytics, enabling a proactive approach to managing outstanding payments for businesses.
YayPay was co-founded by Anthony Venus, Saul Frank, and Eugene Vyborov, launching in July 2015. The founders recognized a critical market need for a technology-driven solution to inefficient accounts receivable processes. Their insight focused on leveraging automation and data science to transform how businesses collect payments, thereby improving working capital and financial predictability.
The platform serves diverse businesses across industries modernizing financial operations. Quadient Accounts Receivable by YayPay envisions redefining accounts receivable, shifting it from a reactive, administrative burden to a strategic, data-powered function. This transformation contributes directly to a company's financial health, enabling sustained growth and strategic focus through optimized cash realization.
Quadient Accounts Receivable by YayPay has raised $13.0M across 2 funding rounds.
Quadient Accounts Receivable by YayPay has raised $13.0M in total across 2 funding rounds.
Quadient Accounts Receivable by YayPay has raised $13.0M in total across 2 funding rounds.
Quadient Accounts Receivable by YayPay's investors include Altari Ventures, Broadhaven Capital Partners, Coelius Capital, Cream City Venture Capital, Jenny Fielding, QED Investors, S3 Ventures, Truist Ventures, Henry Yoshida, Craft Ventures, Greylock, SaaSholic Fund.
Quadient Accounts Receivable by YayPay is a SaaS-based accounts receivable (AR) automation platform that automates invoice delivery, payments, cash application, credit assessment, and collections to accelerate cash flow and reduce Days Sales Outstanding (DSO).[1][2][3] It serves credit, collection, and AR teams in industries like manufacturing, wholesale, consulting, and IT outsourcing by integrating with ERPs, CRMs, accounting, and billing systems such as Salesforce, QuickBooks Online, Oracle NetSuite, and Sage Intacct.[3][4] The platform solves chronic AR challenges like slow collections, manual workflows, and poor visibility into payer behavior through AI-driven predictions, real-time dashboards, and automated communications, delivering metrics like 34% faster payments, 50% less manual work, and 94% forecasting accuracy.[1][6]
Originally an independent company since 2015, it was acquired by Quadient—a $1.3 billion revenue global leader in business process automation—and rebranded in November 2022, combining with Quadient's Impress platform for enhanced R&D and global expansion.[1][2]
YayPay launched in 2015 with a mission to make collecting money fast, easy, and predictable, evolving toward a vision of autonomous commerce through predictive AR automation.[2] The idea emerged to tackle inefficiencies in AR processes, providing tools like multi-channel invoice delivery, AI insights into payer behavior, and automated collections that reduce write-offs and DSOs.[1] Quadient acquired YayPay over two years before the November 2022 rebranding (around 2020), aligning it with Quadient's "Back to Growth" strategy to merge YayPay's AR expertise with Quadient's automated document output capabilities like Impress.[1][2] This acquisition marked a pivotal moment, enabling global scale while maintaining core features, and has processed $53.16 billion in AR annually for customers.[6]
Quadient Accounts Receivable by YayPay rides the AR automation trend in the order-to-cash cycle, fueled by rising credit risks, inflation, and demand for cash flow predictability amid economic volatility.[2][6] Timing is ideal as businesses seek AI to automate manual AR processes—handling $53.16 billion annually—amid ERP digitization and remote finance teams.[6] Market forces like multi-ERP integration needs and regulatory pressures favor its multi-channel, predictive approach, influencing the ecosystem by setting benchmarks for 34% faster collections and reducing write-offs, while Quadient's scale expands it beyond mid-market to enterprises.[1][4][6]
Quadient AR by YayPay will likely deepen AI enhancements for autonomous AR, expanding global reach via Quadient's network and tackling rising economic risks with advanced credit tools.[2][6] Trends like real-time analytics, embedded finance, and ERP-native automation will shape its path, potentially boosting forecasting beyond 94% accuracy and ROI through new integrations.[3][6] Its influence may evolve from niche AR leader to order-to-cash cornerstone, empowering finance teams to thrive in uncertain markets—building on its core promise of faster, smarter collections.[1][2]
Quadient Accounts Receivable by YayPay has raised $13.0M across 2 funding rounds. Most recently, it raised $8.0M Series A in December 2018.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Dec 1, 2018 | $8M Series A | — | Altari Ventures, Broadhaven Capital Partners, Coelius Capital, Cream City Venture Capital, Jenny Fielding, QED Investors, S3 Ventures, Truist Ventures, Henry Yoshida | Announced |
| Feb 1, 2018 | $5M Seed | — | Coelius Capital, Craft Ventures, Greylock, QED Investors, Saasholic Fund, Sommet AB, StageOne Ventures, Truist Ventures, Chuck Feerick, Gabriel Jarrosson, Georges Harik, Jaan Tallinn | Announced |
