2ndSite Inc.

Published purpose

The firm aims to develop Software As A Service (SAAS) platform that will allow small businesses a lightweight and standardized onboarding process to gain access to a network of large enterprises that they often do work for and need to collect payment from. This innovation will provide access to these large companies with fewer steps, fewer approvals, and shorter wait times to collect payment. The firm’s solution will also provide the small business owners more control over their payment terms including preferred payment methods, and payment schedules. They will be able to set rules on when they need to get paid, and what method they need to get paid so that they can gain access to the funds quickly and easily reconcile their accounting.