Zycara Inc. Announces Launch to Help Foster Healthy Financial Relationships between B2Bs
The stress and frustration of dealing with poor customer behavior related to receivables are not new to most businesses. Many companies try to find or provide solutions to this problem but they only end up causing more frustration.
After decades of looking for effective solutions to preventing late payments and resolving unpaid invoices, the founders of Zycara decided that they had enough and came up with a better way of addressing these receivables challenges. To help business owners keep their cash flow running smoothly and customers accountable, Zycara Inc. launched a first-of-its-kind receivables management platform.
Zycara integrates the power of reputation management with invoice management to give B2B SMBs a practical, low-cost, and resource-efficient solution to preventing late payments (delinquency) and resolving unpaid invoices (delinquent). The company’s approach to reputation management keeps B2B relationship dynamics in mind.
Unlike general purpose review-based platforms, Zycara’s process empowers its members to publish a delinquent company after giving their customer a fair warning cut-off date on a delinquent invoice. Negotiation and payment feature options complement this process for keeping the dialogue running. Ultimately, either a customer makes good on their payable obligation or the reputation takes a hit until they resolve the outstanding amount.
The company also knows how integral credit references are when entering into new business opportunities. This is the reason why Zycara is working on providing a digital credit reference tool called ZyBuilder which helps businesses build and update their businesses’ creditworthiness.
Zycara also aims to launch the ZyScore, its proprietary business creditworthiness score. ZyScore will work by tracking early and on-time payments to boost reliable customers’ credit rating while also factoring in delinquent invoices and publications and other factors in updating a business’ metrics in real-time.
“Our mission is to foster transparency and accountability between businesses through innovative solutions to help optimize their finances,” Anand Hira, Zycara CEO shared. “Through thoughtful and integrated processes around transactions, we can promote healthy financial relationships keeping in mind B2B dynamics.”
Through these innovative solutions, the company hopes to change the B2B financial relationship dynamics towards accountability. It is committed to providing solutions to small and mid-sized businesses so company owners and managers can focus on growing the companies instead of worrying about how to go after revenue.
Currently on its soft launch period, Zycara offers a three-month free trial for those interested. The offer will be reduced to a one-month free trial when it is formally launched early next year. To find out more about the company and its promotion, visit Zycara’s website today.
About Zycara Inc.
Zycara Inc. is the first-of-its-kind receivables management platform that integrates the power of reputation management with invoice management to give small and medium businesses a practical, low-cost, and resource-efficient solution to both preventing late payments and resolving unpaid invoices. It promotes healthier business relationships through accountability and transparency.
Media Contact
Company Name: Zycara Inc.
Contact Person: Anand Hira
Email: Send Email
Country: United States
Website: https://www.zycara.com/
