Ryan Gottfried
๐ค SpeakerAppearances Over Time
Podcast Appearances
you know, individuals on the phones or on the computers taking those service requests and moving them downstream to those subcontractors.
We keep to Brightview and automated the majority of those processes.
How many of those companies are paying you today?
Sure.
It's $33,000 for the subscription for the year.
I mean, it's a one time fee and then we charge per transaction.
We take a half a percent per transaction that goes through the platform.
It's the annual subscription fee, yeah.
So since it's an end to end automation solution,
we're actually capturing and sending the invoices from Brightview to Chase Bank.
Once the invoice is received by Chase Bank, they can mobile device the payment processes through our platform and we take a transaction fee for that.
Additionally, there's another transaction that happens between Brightview and their subcontractors.
The subcontractors will send an invoice that's automatically generated upon work complete.
and right you will pay out their subcontractors and take we'll take a percentage and give me give me a bit about that gmv history so if you look back in 2017 how much total volume went to the platform sure yeah in 2017 we did 300 000 roughly not bad for your first year yeah not bad and um then 2018 sorry 2018 let me just
Yeah.
So 2020, one six, 2019 was around 700,000.
2018 was roughly 300,000.
And then 2017 was around 150,000.
150,000.
Early on the first year, we did not.