PayShepherd
PayShepherd offers a contractor management platform for heavy industry, centralizing and verifying submissions on labor, equipment, and materials while ensuring security and compliance.
Services
PayShepherd provides a comprehensive contractor management platform tailored for heavy industry. The platform centralizes and digitizes submissions on labor, equipment, and materials, offering features such as reducing costs, ensuring contract compliance, enabling faster purchase order (PO) closeout, securing on-time and accurate payments, and enabling predictive budget monitoring. Additionally, PayShepherd's platform helps customers avoid unexpected invoices by automating contract compliance, thereby enhancing real-time cost reporting and accountability.
Security and Certification
PayShepherd prioritizes security by adhering to industry-leading standards. The company is SOC 2 Type 2 certified, highlighting its commitment to secure and private client data management. The platform is equipped with enterprise-grade security protocols, ensuring that customer data is protected within dedicated cloud environments. This certification underlines PayShepherd's dedication to maintaining high security and privacy standards.
Product Awards
In recognition of its innovative solutions, PayShepherd was named the Top AI & Data Product in the 2024 Product Awards. This accolade underscores the platform's advanced capabilities in utilizing artificial intelligence and data to streamline and optimize contractor management in heavy industries.
Funding and Market Expansion
PayShepherd has successfully secured $7M in funding to enhance its platform's capabilities and expand its market reach across North America. This financial investment will enable the company to further develop its technology and allow more industries to benefit from its contractor management solutions.