Crowded vs. Venmo for Business

Crowded is very well suited for fraternities, or any non-profit community groups really, that have a centralized fund and rely on members purchasing equipment and materials individually. Any company that requires reimbursements and has to manage dues from numerous members should take advantage of this free application, as it provides a really easy way to manage the finances of an organization

I had a customer who wanted me to do his wife's birthday party. I sent him the estimate and he gave me a deposit from his Venmo account. When the party was done, he forgot to pay for a week. I reminded him with an invoice and he sent a deposit. It wasn't immediately deposited, but it [arrived the next day].

• Good customer service.
• Easy-to-use, free software.
• Useful features.
• A sufficient product for its target market.

• Timely payout
• Ease of use
• Visibility at all times

Incentivized

• Collaborating more with fraternities to sponsor events.
• Making payments to nationals even easier.

• Take out transaction fee. They are not PayPal
• More understanding with bitcoin
• Invoicing would be a good feature

I find that it is very easy to use, manipulate and I've had no issues at all whenever using it for Business or even personal purposes as well. I've never received any complaints or questions on either side whenever using it as well, and have only heard others speak about it in a positive manner too.

Incentivized

We were using GreekBill before to manage our funds and dues, and it was very outdated and unhelpful. Crowded was much more simple, easy to use, and had way more functions.

PayPal has more work items for businesses. It has invoicing, time tracking, and marketing strategies. I could [use] PayPal to run my business like I do with QuickBooks. Affiliates with other business is crazy. Plus, they also carry debit and credit cards for business and personal purposes. Venmo is the little brother [of PayPal].

• It has allowed us to keep track of all our finances and not lose track of funds.
• It has allowed us to lower dues because of this increased accountability and organization.
• No more reimbursement forms and Venmo payments!

• Positive impact only as it’s enhanced our effectiveness.
• No negative impact.
• Simple, easy to use and well worth the $ investment.

Incentivized