Recover Lost SaaS Revenue With an All-In-One eCommerce Solution

FAQ

• How can my SaaS business recover lost revenue from failed payments?

  You can recover lost revenue by using an intelligent, automated system that retries failed transactions. Our platform uses a Retry ML engine and a Cascading System to automatically retry declined payments across multiple gateways. This smart process turns false declines into successful transactions, directly boosting your bottom line without any manual effort from your team.

• What is a smart revenue recovery tool, and how does it work?

  A smart revenue recovery tool proactively prevents and reactively recovers failed payments. Our platform uses machine learning and historical data to optimize payment success. It intelligently routes transactions, automatically updates expired card details with our Card Updater, and uses personalized dunning management to engage customers, ensuring a higher recovery rate for your software subscriptions.

• How do you help increase my payment authorization rates?

  We increase authorization rates by using a dynamic Payment Routing system. This technology automatically selects the most reliable payment route for each transaction based on currency, location, and payment type. This minimizes declines, reduces transaction costs, and ensures the highest possible approval rates for your SaaS sales, maximizing your captured revenue.

• What’s the best way to optimize my dunning and collection strategy?

  The best way is to automate it with personalized communication. Our Dunning Management tools engage customers with automated, customized reminders and retry mechanisms to recover failed payments. This proactive approach helps retain subscribers who might have otherwise churned involuntarily, securing your recurring revenue and improving customer lifetime value for your SaaS business.

• Will this revenue recovery process create a bad experience for my customers?

  No, our process is designed to be customer-centric and frustration-free. By automatically updating card details and using smart, personalized reminders, we make the payment process smoother for your customers. Our dedicated, round-the-clock customer service also handles any transaction issues, protecting both your revenue and your brand’s reputation.

• How do you prevent payment failures before they happen?

  We prevent failures by being proactive rather than just reactive. Our system uses a Card Updater to automatically refresh expired or invalid card details before a billing cycle, preventing service interruptions. This, combined with our intelligent payment routing, actively reduces the number of initial declines, protecting your revenue and reducing involuntary churn for your software company.