Automate your billing and increase your cash flow by charging clients on a recurring basis, automatically using Regpack.
Regpack gives you the tools you need to:
- Collect and store payment details
- Charge clients on customized recurring schedules
- Create and manage automatic payment plans to bill customers on a set schedule
- Manage online, virtual, and internet businesses
You’ll collect payments without lifting a finger. Set your payment schedules and payment plans, and let our payment solution do the work of collecting online payments on their due dates.
It’s easy to set up a recurring payment plan that charges clients automatically on a regular basis.
Enjoy a more predictable cash flow, and save the administrative work when it comes to charging clients.
Whether you have monthly, quarterly, annual or custom payment schedules – Regpack will bill your clients, on your terms. Subscription billing can save you and your clients time!
Benefits:
Saves Time:
Automated recurring billing is your ticket to time-saving efficiency. By automating payment processes, it eliminates the need for manual billing and chasing down payments. This means you and your team can redirect your focus from administrative tasks to more strategic, revenue-generating activities. With Regpack’s automated billing, you’ll experience a significant reduction in the administrative workload, allowing you to devote more resources to growing your business.
Consistent Cash Flow:
Say goodbye to financial unpredictability. Automated recurring billing processes ensure you have a steady stream of revenue flowing into your business. This consistent cash flow empowers you to make informed financial decisions, establish budgets with confidence, and predict total revenue accurately. No more guesswork or financial surprises. With regular billing, you’ll always have a clear picture of when to expect money in your bank account, offering stability and peace of mind.
Enhanced Customer Experience:
Customer satisfaction is at the heart of what we do. Automated billing simplifies the payment process for your customers, ensuring their payments are made on time without the hassle of manual reminders or late fees. Your customers will appreciate the convenience of having automatic billing, leading to a smoother and more enjoyable experience. Eliminating late payments reduces stress for both your business and your valued customers, fostering positive relationships.
Reduce missed or late payments:
Late payments are a source of stress for everyone involved. Your business might need to remind customers about their bill and potentially even suspend services until payment is received. It’s also preferable to make financial decisions when you have cash in hand instead of being pretty sure that it will come in soon.
Customizable Payments:
We understand that every business is unique. That’s why Regpack’s automated billing offers flexibility. Customize billing schedules to align with your specific business needs and your customers’ preferences. This customization not only reduces the risk of missed or late payments but also enhances customer retention. When you tailor billing to suit your customers, they’re more likely to view your product or service as an integral part of their lives, fostering long-term loyalty and subscription-based business model.
Increase customer retention:
Customer churn and attrition can become a vicious cycle. If you lose five customers, you’ll have to attract six to sustain minimum growth. Eliminating the need for customers to actively repurchase your product every billing cycle will cause many to treat it like a regular feature of their lives rather than something that needs to be reassessed.
Features of Recurring Billing:
Subscription payments:
Set frequency of billing for both groups and individual customers. Your business may have a few special case clients that require a unique timeline and some that use monthly invoices. Ensure your recurring billing system can account for all of your customers.
Payments from anywhere:
Accept payments in a range of currencies and payment methods from any location and device.
Multi-period recurring invoices:
Set the time frame and corresponding payment rates for recurring billing. Most subscription services last a year with annual renewal, but some businesses selling services like memberships might be interested in selling multi-year plans.
Payment processing:
Accept, record, and reconcile financial transactions, while reporting where and how payments are allocated. Having a record of your payments helps your financial team and will also allow your business to identify and rectify any errors that might occur. Additionally, Regpack can accommodate a range of payment types including ACH, credit card payments, payment gateways, and more!
Secure payments:
Regpack complies with industry-leading standards, such as PCI DSS, ensuring that your sensitive payment information is handled with the utmost care and protection throughout the entire payment process.
Read our Recurring Billing Software Guide Here.
Regpack For Your Subscription Management
Regpack is your all-in-one solution for subscription billing, providing businesses with a single platform to manage regular payments seamlessly. As a trusted service provider in the registration and payment software industry, we empower businesses to streamline their billing processes and enhance customer experiences. Whether you’re looking to automate recurring payments, offer subscription-based services, or ensure consistent cash flow, Regpack has you covered. Take control of your billing needs today with Regpack and transform the way you manage your subscriptions. Ready to get started?
