CrewPay Whatupdate No. 50
Hello, crew.
Team Accomplishments & News
- No updates
Product Accomplishments & News
- Product update from Matt: Slides
Sales, Marketing & Customer Success Accomplishments & News
- Met with Basis State to begin lead generation process
- Had several calls with potential “B2B” customers
Revenue & New Client
- 8 transactions last week (293 YTD)
- $23.6k sent last week ( $493.6K YTD)
- 0 new companies, 1 new contractor
- 14 active companies (30 total)
- 52 active contractors (162 total)
- Totals:
- WoW Contractor growth: +.06%
- WoW Company growth: +0%
Closing Thoughts
One of the meetings I had this week was with another productized bookkeeping service. It was founded a by a tech entrepreneur who recognized that the differentiator of “accounting” has given way to tech and speed. This revelation, of course, is not new. Gusto, JustWorks, and Quickbooks have proven the same.
Even still, he has customers who can’t receive direct deposits and need paper checks. “Unbankables.”
Wouldn’t it be great if their pay could be sent to the CrewPay account and funded to their CrewCard while still capturing the payment for 1099 and income verification? Like Venmo for business.
Have a great week.
Ever,
David
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