With over 25 years’ exposure to the oilfield and construction industries, I’ve witnessed too many instances where slow pay/no pay companies cause grief for contractors and the industry as a whole.
Contractors and their families are put through financial stress. Industry reputation suffers damage. New projects face increased skepticism from stakeholders such as contractors, landowners and municipalities.
PayScore helps protect contractors manage risk and helps reliable companies by boosting their corporate social responsibility image.
I am an industry supporter. I created PayScore as a way for industry to display integrity and transparency.
C. Simeniuk
About Us
Our founders witnessed too many of their industry peers face cash flow issues due to negative customer behaviour.
The Problem
- Unknown credibility of new customers
- Slow pay customers were interrupting cash flow
- Insolvent customers left unpaid accounts
- These issues plague Oilfield, Trucking and Construction
People were being hurt financially.
We borrowed a tactic from safety.
Identify hazards so others don't get hurt.
- Identify the hazard. Avoid if possible.
- If unable to avoid, control the impact.
- Warn others to avoid repeat incidents.
payscore
3.8
XYZ Developments
Weyburn, Saskatchewan
5.0
Alberta Oil Company
Calgary, Alberta
4.0
BC General Contracting
Vancouver, BC
4.0
East Coast Petroleum
St. John’s, NFLD
3.0
Manitoba Property Developments
Winnipeg, Manitoba
2.0
Why PayScore?
- People use scores in everyday life
- Scores are easy to use and understand
- Scores are simple and effective!
Our story
Reduce Your Risk
Don't allow negative actions of others destroy what you have worked to build.
FREE DEMO