PayScore is a B2B technology platform that provides access to user-submitted payment behavior data, helping businesses identify which companies pay fast and which pay late before extending credit. The platform aggregates thousands of vendor references to give sales teams and dispatchers early warning signals on counterparty risk, protecting cash flow. It offers a 15% discount for ENSERVA members and non-vendor pricing on request.
Funding
Funding not disclosed
Founders
Product
Problem
Businesses extending credit to other companies often lack reliable information about a potential customer's payment habits. Struggling payers rarely warn their vendors about cash flow issues, leaving suppliers to discover late payments only after they have already extended credit, which can strain their own cash flow and operations.
Solution
PayScore is a B2B technology platform that enables users to submit and access user-submitted information about companies' payment promptness and invoicing practices based on real business experiences. The platform aggregates thousands of vendor references, allowing users to see who pays fast and who pays last before extending credit. Sales teams can short-list prospects early in the sales cycle, while dispatchers can back up their gut feeling with concrete payment trend data. The service provides early warning signals on counterparty risk, showing payment trends months ahead of traditional tools, so businesses can protect cash flow and avoid becoming someone else's bank.
Target Audience
Primary customers are B2B sales teams, dispatchers, and credit managers who need to assess counterparty payment risk before extending credit or committing resources to new business relationships.
Features
- Access to thousands of vendor references on payment promptness and invoicing practices
- User-submitted payment behavior data based on direct business experiences
- Early warning signals showing payment trends months ahead of traditional credit tools
- Sales-focused prospect short-listing to avoid wasting effort on known no-payers
- Dispatcher support for validating gut feelings with payment history data
- Anonymous submissions with identity protection for users
- Vendor pricing with a 15% discount for ENSERVA members