October 28, 2019

CrewPay Whatupdate No. 24

Hello, crew.

two by 200 Update
(200 active contractors + releasing 1099 services and QBO integration by 12.31 )

• 65 active / 32.5% of goal
• 1099: in development
• QBO: in development

Team Accomplishments & News

• Not this week

Product Accomplishments & News

• Product Update from Matt: https://docs.google.com/presentation/d/1w7VFp5Fq8N6nuT9IXbzX2sg7f8fM6WGBJmQhQtUylAw/edit?usp=sharing

Sales, Marketing & Customer Success Accomplishments & News

• Paid advertising for top of the funnel awareness. Driving traffic but not conversions yet. We are building audiences to retarget.
• List building
• Direct outreach
• New website going live in the next week. Just need some final content. http://crewpay.testbench.work/

Revenue & New Clients

• 21 transactions last week (430 YTD)
• $37,115 sent last week ( $1.17M YTD)
• 0 new companies, 2 new contractors
• 11 companies, 8 active in the last month
• 88 contractors, 64 active in the last month
• Totals:
  
  • MRR: $422.17* 
  • ARR: $5,064 * MRPC: $38.36 

Closing Thoughts

During the first week of November, I’ll be attending Intuit’s Connect conference. In addition to general business development, my goal is to meet with several of the candidates for our 1099 processing. The plan is to leave the event with a relationship and partner to rollout the 1099 service.

The front-runner is a company called Zenwork. They make tax compliance software. Their COO is a UNCG alum (a NC school in GSO).

More to come.

Ever,

David