Internet - Coral Gables, FL, US
Paysco Inc. ("paysco") is a service for businesses that provides a score based on their payment behavior. It is a disruptive tool that serves business needs to improve working capital and cash flow helping collections, and prevent engagement with clients with poor payment practices.Paysco is the first b2b online community that allows businesses to find or report late-payers.Why? Paysco is focused on positively impacting timely collection of commercial debts and prevention of the default on such debts, as well as helping avoiding them in the first place.How? paysco uses the debt and good reference reporting to create a credit score based on payment behaviour. A business starts in paysco with the highest score and it decreases as other businesses start reporting debts against that client. A good score is based on: "No News Good News".For who? The paysco model is limited to commercial debt and good references of business entities and sole proprietorships and does not cover any personal, family or household indebtedness.