Pretoria, South Africa
BillSource is a B2B B2C Quote to Cash Cloud Solution that aims to manage debtors while offering individuals a way to track personal debt. With basic functions such as Customer Information Management, Quick Campaigns, Interactive Quoting, Invoicing, and EBPP, it provides web and mobile user interfaces developed in-house and in collaboration with Corporate Identity and Online Marketing experts.
Founded in 2012 and headquartered in South Africa, BillSource aims to become one of the top online collection destinations, with a target revenue collection reaching close to the trillion rand (equal to $85 billion) mark. The company's goal is to assist utility providers in collecting overdues to drive service delivery.
Aside from catering to medium-sized organizations, BillSource seeks to educate individuals on distinguishing between good and bad debt, offering basic financial ratios that can be tracked over an individual's life to maintain a good credit record. Additionally, the company aims to simplify and offer the convenience of managing and settling outstanding debt on a secure platform through the channel of choice – online or mobile.
With potential for boosting business cashflow and sales while rewarding early payment behavior, BillSource presents a promising opportunity for venture capital investment, especially considering its innovative approach to debt management and its potential impact on both businesses and individual consumers.
