Estimated reading time: 0 minutes, 55 seconds

AVALARA EXEC MOVES TO YAYPAY Featured

Patrick Falle, YayPayPatrick Falle, a founding investor in Avalara, has joined YayPay as chief revenue officer. YayPay, which makes accounts receivable management products, raised $5.3 million in capital in September.

"There are some current companies doing AR management, but just like the tax space the overwhelming competitor is still manual effort," says Falle, who started with sales and use tax vendor Avalara with its founding in 2004. "Our biggest competition by far is Excel." Falle described the YayPay system as "as much a CRM system for an AR person as it is a straight AR module." The system offers contacts, e-mail tracking and notifications, which can be managed directly from an administration console. The system offers workflows to automate AR jobs. "At some point it will also tie into credit stats and give you very clear information on who owes you money with analytics that will clearly tell you when or if you will get paid," Falle says. Falle served as SVP of strategic alliances and more recently also as global chief evangelist for Avalara. YayPay was founded by CEO Anthony Venus and Eugene Vyborov, its chief technology officer.

Read 1416 times
Rate this item
(0 votes)

Visit other PMG Sites:

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.