December 23, 2019

CrewPay Whatupdate No. 32

Hello, crew.

Team Accomplishments & News

• Not this week

Product Accomplishments & News

• Product update from Matt: https://docs.google.com/presentation/d/1PAS9BhlPNtfBwGZGD73e-Ln4eigV8fgic7Mu2AZZTAU/edit?usp=sharing
• 1099 service is live!

Sales, Marketing & Customer Success Accomplishments & News

• Building lists for our local outreach
• Working on “concierge” campaign for acquiring customers by doing their 1099 set up for them

Revenue & New Client

• 13 transactions last week (566 YTD)
• $32,169 sent last week ( $1.4M YTD)
• 1 new companies, 0 new contractors
• 14 companies, 8 active in the last month
• 94 contractors, 76 active in the last month
• Totals:
  • MRR: $380* 
  • ARR: $4500 * MRPC: $46.88 The numbers for totals have been off. We’re working on getting true revenue and using active estimates for now.

Closing Thoughts

This is the last Whatupdate for the year. The next month is going to be our first full month with our 1099 service live. More than anything we’ve done, this function relieves the most pain for potential customers.

Thanks to Matt and the team for working hard to release it before the holidays.

Can’t wait to see what we learn in the next 45 days!

Ever,
David