'Unpayd' Reaches Out to Clients When Payment is Overdue
Michael Hemsworth — September 25, 2018 — Tech
The increasing number of freelancers and entrepreneurs is expanding the need for solutions like 'Unpayd' to help them in their process to maintain optimal business relationships with their clients.
Acting as a collection agency for independent individuals, the service works by having users upload their invoice and let them do the leg work in reaching out to get the funds from your client. After the money has been received, it's forwarded directly to you via wire or in the form of a check to eliminate the occurrence of spending weeks or longer waiting to be paid for work you've done.
The 'Unpayd' service comes as a modern solution to a common problem for entrepreneurs and freelancers to eliminate the stress associated with being paid for a project.
Acting as a collection agency for independent individuals, the service works by having users upload their invoice and let them do the leg work in reaching out to get the funds from your client. After the money has been received, it's forwarded directly to you via wire or in the form of a check to eliminate the occurrence of spending weeks or longer waiting to be paid for work you've done.
The 'Unpayd' service comes as a modern solution to a common problem for entrepreneurs and freelancers to eliminate the stress associated with being paid for a project.
Trend Themes
1. Freelancer Collection Services - 'Unpayd' is a disruptive innovation that offers a modern solution for freelancers and entrepreneurs to effectively collect payments from clients.
2. Increasing Number of Freelancers - The growing number of freelancers and entrepreneurs is creating a demand for innovative solutions like 'Unpayd' to help maintain optimal business relationships and improve cash flow.
3. Streamlining Payment Processes - 'Unpayd' streamlines the payment process for freelancers and entrepreneurs, eliminating the long wait times and stress associated with being paid for their work.
Industry Implications
1. Freelancing Platforms - Freelancing platforms can integrate 'Unpayd' to enhance their services and provide a more efficient payment collection solution for their users.
2. Financial Technology (fintech) - Fintech companies can partner with 'Unpayd' to offer their customers an innovative payment collection service that addresses the specific needs of freelancers and entrepreneurs.
3. Small Business Services - Companies that offer small business services can collaborate with 'Unpayd' to provide their clients with a reliable and hassle-free solution for collecting overdue payments.
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