*This post originally appeared at Concentrate Media WEDNESDAY, JANUARY 08, 2014
HealPay, a software startup focused on improving debt collections, has brokered a partnership with one of the leading software firm’s in its industry, Commercial Legal Software.
The downtown Ann Arbor-based startup and its team of five people hope to tap into Commercial Legal Software’s vast customer base to expand its own business in 2014.
“Our goal is to double our business this year in terms of revenue,” says Erick Bzovi, co-founder & CEO of HealPay.
The 3-year-old startup got its start creating its SettlementApp, which helps people collect what is owed them. Last year HealPay, debuted its RentRollApp, which helps landlords collect monthly rent checks. HealPay is paid per transaction. Its Settlement App still brings in the lion’s share of revenue.
“It has been growing nicely,” Bzovi says. “The Rent Roll App is something we have used to diversify.”
HealPay plans to market Rent Roll App more aggressively in 2014 while it works to bring more customers online with its Settlement App.
Source: Erick Bzovi, co-founder & CEO of HealPay
Writer: Jon Zemke
Read more about Metro Detroit’s growing entrepreneurial ecosystem at SEMichiganStartup.com