Audience
Subscription businesses that want to prevent churn and prevent losing money to payment failures
About ProfitWell Retain
Stop losing money to credit card failures. Retain® combines world-class subscription expertise with algorithms that leverage millions of data points to win-back your customers. You probably didn't know you have this churn problem. The truth is that credit card failures are your largest single bucket of churn, but you're barely recovering any of these customers, because you're ignoring the size of the payment failure problem. ProfitWell Retain® combines world-class subscription expertise with algorithms that leverage millions of data points to win-back your customers automatically using the industry's highest recovery rate. ProfitWell Retain's the only product on the market that's managed for you, allowing us to leverage data and expertise to constantly improve recovery rates. You only pay for performance.” Over 20% of subscription companies utilize ProfitWell, which means we've studied billions of data points on why payments fail and how to recover them.
Other Popular Alternatives & Related Software
Stunning
Recover more failed payments on Stripe with Stunning. Built from day one to help you keep more of your customers, Stunning is the leader in failed payment recovery for subscription businesses using Stripe. And that just scratches the surface of what Stunning can do. Stunning makes it easy to get in touch with customers and keep your revenue flowing. We can even help you to recover revenue without sending a single email/notification to your customers. Whatever the best revenue recovery method is for the situation, we’ve got you covered. Stay in the know about your failed and recovered payments. With Stunning, you’ll have access to a wide array of data, communication tools and updates to ensure you’re always up to speed. Automatically keep customers informed for the lifetime of their subscription with perfectly timed, fully customizable emails for important events such as subscriptions starting, trials ending, upcoming charges, transactions, cancellations and more.
Learn more
Baremetrics
Grow your startup right. Metrics, dunning, and engagement tools for SaaS & subscription businesses. Baremetrics cuts through the noise and reveals the insights you need to make profitable decisions that propel the business forward. See what's happening today, plan for tomorrow, and strategize for growth months and years down the road. We're sick of the seemingly endless number of stale charts and graphs, so we work to make our design and interface lively and inspiring. Every feature is as useful as it is pleasing to the eye. Finally, you can get the data you need to uncover growth opportunities, get answers to your questions, and run sophisticated analyses with ease. Being data-driven and customer-obsessed just became a reality. We strive to be the SaaS & subscription analytics solution you've always dreamed of. One click and you get hundreds of valuable metrics and business insights!
Learn more
Gravy
Recover failed payments. Gravy is the secret sauce to recurring revenue retention for businesses with subscriptions and memberships. We cracked the code on customer retention and payment recovery. For the past few years, we've been developing and refining the best scripts, engagement strategies and conversion technologies to create our industry-leading failed payment recovery solution. Gravy works with all payment processors, CRMs and product delivery systems. Our implementation team integrates your tech stack with our platform and ensures failed payments and customers are synced in real-time. You will be partnered with a full-time, US-based, retention specialist who is only concerned about one thing — recovering your failed payments and customers. This allows you to keep your payroll costs down and your profits high. Gravy offers a new type of customer retention, namely recovery of failed payments, credit card declines and lost revenue.
Learn more
Butter
Butter is ending involuntary churn for direct-to-consumer and SaaS subscription brands by recovering failed payments and subscribers faster, and more efficiently, delivering 5%+ ARR growth.
How do we do it?
We build and deploy custom machine learning algorithms that analyze each individual failed payment, enabling us to determine the optimal approach and timing for retrying the transaction. Unlike traditional retry solutions that employ a generic "one-size-fits-all" approach, our tailored approach ensures that no potential recovered revenue is left on the table.
Intelligently tackling failed payments and payment health leads to:
Reduced Churn Rates - Reducing customers lost to failed payments decreases churn and the impacts compound over time
Increased LTV:CAC Ratio - With fewer customers churning due to failed payments, your overall LTV improves
Increased Top-line ARR - 5%-10% more revenue recovered from failed payments
Learn more
Company Information
Paddle
Founded: 2012
United States
www.profitwell.com/churn-reduction-software
Videos and Screen Captures
Other Useful Business Software
Cloud-based help desk software with ServoDesk
What if You Could Automate 90% of Your Repetitive Tasks in Under 30 Days? At ServoDesk, we help businesses like yours automate operations with AI, allowing you to cut service times in half and increase productivity by 25% - without hiring more staff.
Product Details
Platforms Supported
Cloud
Training
Documentation
Support
Online
ProfitWell Retain Frequently Asked Questions
ProfitWell Retain Product Features
Recurring Billing
Dunning Management
Customer Portal
Deferred Billing
Discount Management
Invoice History
Multi-Currency
Multi-Period Recurring Billing
Payment Processing
Recurring Donations
Subscription Billing
Subscription Management
Dunning Management
Cancellation Management
Discount / Coupon Management
Enrollment Management
Product Catalog
Recurring Billing
Revenue Recognition
Revenue Recovery Tools
Self Service Portal
Subscription Plan Management
Tax Management
Trial Management
Usage Tracking/Analytics
