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Description
RetentionLens is designed to assist subscription-based businesses in reclaiming involuntary churn, which refers to the revenue that can be lost due to failed or declined payments.
Upon the failure of a recurring charge, RetentionLens springs into action to recover that revenue: it implements intelligent payment retries scheduled for optimal success, sends automated dunning emails encouraging customers to update their payment information, and offers an intuitive hosted update process that simplifies payment corrections. Additionally, a recovery dashboard provides insights into saved revenue, highlights at-risk charges, and identifies areas where churn is occurring. The service integrates seamlessly with your payment infrastructure, such as Stripe, ensuring that the setup process is efficient, taking only minutes rather than weeks. It's important to note that the majority of subscription cancellations are not a result of customers intentionally leaving; rather, they stem from expired cards and soft declines, making recovery efforts the quickest and most cost-effective approach to increasing net revenue.
Developed in Europe with a strong emphasis on data protection, RetentionLens is particularly well-suited for SaaS, subscription, and membership organizations looking to mitigate revenue loss without needing to expand their workforce. Furthermore, its user-friendly interface ensures that businesses can easily navigate and utilize its features for maximum benefit.
Description
Enhance revenue recovery and boost efficiency by automating processes related to identification, invoicing, receivables, and delinquency. The integration of comprehensive automated cross-referencing with the software's capability to optimize staff resources will empower the City to reclaim previously overlooked or misallocated revenue. With the RevenueTrack™ process, accounts and revenue enhancement data are automatically recorded, eliminating the necessity for additional data entry personnel or imposing overtime on already burdened employees to input new accounts identified through RevenueTrack™. PSI charges a competitive fee of 12.5% of the newly realized benefits from RevenueTrack™ Services, significantly lower than the 20% to 25% fees typically demanded by traditional auditing firms. Enhanced staff training will further facilitate the completion of corrections at the 12.5% rate, leading to an increase in adjustments sourced from misallocated situs sales and use taxes. This streamlined approach not only saves costs but also enables the City to focus on more strategic initiatives, ultimately driving long-term growth and sustainability.
API Access
Has API
API Access
Has API
Screenshots View All
No images available
Integrations
Stripe
Pricing Details
$59/month
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Monrad Ruzt Technology
Founded
2025
Country
Switzerland
Website
ruzt.ai
Vendor Details
Company Name
Progressive Solutions
Country
United States
Website
www.progressivesolutions.com/products/RevenueTrack/
Product Features
Product Features
Government
Budgeting & Forecasting
Code Enforcement
Compliance Management
Fixed Asset Management
Inventory Management
License Issuance
Permit Issuance
Purchasing & Receiving
Self Service Portal
Taxation & Assessment
Utility Billing
Work Order Management