How do you manage Micro-Debt?
That Instant
Originally uploaded by ocellnuri.
I've come accross a very cool new Web 2.0 application that allows management of micro-debt and micro-credit. cyclr.com allows you to track for example payments made for your colleagues when eating outside and only one colleage decided to pay.
Cyclr will analyze the credit-debt-relationships between all users and identify debt-cycles that can be resolved without any payment. For example if Peter owes Paul 5 $ and Paul owes Mary 5$ and Mary owes Peter 5$ no payment is neccessary.
I am Product Manager for Collaboration and Digital Asset Management at