ZenCash is a system that is used to automate payments for freelancers and small businesses. By automating their entire payments and collections system, ZenCash's customers are able to focus on other things including their core competencies and leave the accounts receivables function to a dedicated and experienced system. Services that ZenCash provides to its customers does not depend on the amount of money that is owed to them. Rather, any amount and even payments that may seem too low to warrant the involvement of a lawyer or a legal court, can be tracked by ZenCash.
ZenCash was founded in 2011 by Brandon Cotter who has been building startup companies for over fifteen years. It has its headquarters in Dallas. After discovering that there were no systems that could support people in getting paid on time, Cotter created ZenCash to fill this void. The creation of ZenCash provided a channel through which freelancers and business owners became empowered and it created a professional link for handling payment issues between the people who provide goods and services and their clients who consume these goods and services.
The ZenCash application was created to satisfy a current need which was the absence of any systems that can support people in getting paid and also being paid on time. Hence, ZenCash does have some uniqueness in its objectives especially when compared to other web-based applications. By enabling the tracking of unpaid invoices and providing additional services through collection agencies, many freelancers and business owners can ensure that they do not lose income they have worked for. The potential for the availability of the application in other countries and the inclusion of many other types of services can increase the ZenCash's customer base and potential.
ZenCash provides a simple user interface through which information can be easily found. The website is not cluttered and it does not feel overwhleming. There is a easy approach to its coloring schemes and themes. The look is inviting and not overpowering. The main menu is readily visible and provides a concise invitiation to learn more about the various sections of the website including taking a tour, viewing the pricing page, looking at the company's FAQ or reading the blog.
Freelancers and business owners can sign up for free at the Zencash website. New customers may choose to login with their exisiting Google, Facebook or Twitter accounts, if applicable. However, new customers without any of the exisiting accounts can still create a new account directly on the ZenCash system. During the registration process, notices are also posted to inform new customers of the details regarding which countries can use ZenCash and what types of goods and services may be considered when using the system. After registration, customers may cancel their accounts at any time except if there are invoices that are currently in the collections process which may be subject to a contingency fee.
The pricing structure for ZenCash allows users of the system to only pay for the services they actually use. Customers do not have to pay any fees to set up an account on the ZenCash system. Instead, customers are charged a one-time fee for any of the services that they decide to use and these services can include the use of collection agencies in sitautions where money is owed, sending 'Thank You' notes to clients who provide payment or pay on time, sending payment reminders and many other services. The prices for these individual services begin at a little over $1 and increases based on the number of services requested.
Freelancers and small business owners would find ZenCash appealing especially if these freelancers and business owners have been victims of unpaid invoices. People who are continually faced with the challenge of chasing down unpaid invoices can get some relief through ZenCash by having a third party track down invoices and provide support in acquiring payment for work done.