PayShepherd

About PayShepherd

PayShepherd is a fintech platform that automates contractor billing and compliance verification, providing real-time visibility into incurred costs and contractor performance. By reducing manual work by 95% and achieving over 80% contractor compliance rates, it helps organizations mitigate budget overruns and disputes while saving 10% on contracted services spend.

```xml <problem> Managing a large contractor workforce is challenging, and without real-time visibility into cost and performance, small errors can escalate into budget overruns, safety risks, disputes, and claims. Traditional manual processes for contractor billing and compliance verification are time-consuming and prone to errors. </problem> <solution> PayShepherd is a fintech platform designed to automate contractor billing and compliance verification, offering real-time visibility into incurred costs and contractor performance. The platform reduces manual work, accelerates incurred cost visibility, and improves contractor compliance rates. By automating contract compliance and providing a centralized view of contractor activities, PayShepherd helps organizations mitigate budget overruns and disputes. </solution> <features> - Automated contractor billing processes - Real-time visibility into incurred costs - Automated contract compliance verification - Centralized platform for managing contractor workforce - SOC 2 Type 2 certified security </features> <target_audience> PayShepherd is designed for organizations managing a large contractor workforce, including procurement leaders and operations managers. </target_audience> ```

What does PayShepherd do?

PayShepherd is a fintech platform that automates contractor billing and compliance verification, providing real-time visibility into incurred costs and contractor performance. By reducing manual work by 95% and achieving over 80% contractor compliance rates, it helps organizations mitigate budget overruns and disputes while saving 10% on contracted services spend.

Where is PayShepherd located?

PayShepherd is based in Calgary, Canada.

When was PayShepherd founded?

PayShepherd was founded in 2018.

How much funding has PayShepherd raised?

PayShepherd has raised $8.7M.

Location
Calgary, Canada
Founded
2018
Funding
$8.7M
Employees
50 employees
Investors
Inovia Capital
P

PayShepherd

PayShepherd is a fintech platform that automates contractor billing and compliance verification, providing real-time visibility into incurred costs and contractor performance. By reducing manual work by 95% and achieving over 80% contractor compliance rates, it helps organizations mitigate budget overruns and disputes while saving 10% on contracted services spend.

Calgary, CanadaFounded 2018505K+ followers9/10 TractionRelative Traction Score based on online presence metrics compared to companies in the same age group.
Updated 3 months ago

Funding

$8.7M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.

Funding rounds are not available yet.

Founders

Product

Problem

Managing a large contractor workforce is challenging, and without real-time visibility into cost and performance, small errors can escalate into budget overruns, safety risks, disputes, and claims. Traditional manual processes for contractor billing and compliance verification are time-consuming and prone to errors.

Solution

PayShepherd is a fintech platform designed to automate contractor billing and compliance verification, offering real-time visibility into incurred costs and contractor performance. The platform reduces manual work, accelerates incurred cost visibility, and improves contractor compliance rates. By automating contract compliance and providing a centralized view of contractor activities, PayShepherd helps organizations mitigate budget overruns and disputes.

Target Audience

PayShepherd is designed for organizations managing a large contractor workforce, including procurement leaders and operations managers.

Features

  • Automated contractor billing processes
  • Real-time visibility into incurred costs
  • Automated contract compliance verification
  • Centralized platform for managing contractor workforce
  • SOC 2 Type 2 certified security
1
This profile is AI-generated and may contain inaccuracies.