FlyCode: Recover subscription revenue from payment failures
Apr 18, 2024 - news.bensbites.com
The markdown data highlights the effectiveness of FlyCode, a dunning solution that recovers more revenue and saves hours of work every week. It shares testimonials from Rick Brackett, Head of Ecommerce Platform & Analytics at Geologie, and TJ Ferrara, Co-Founder at BUBS Naturals, who have found success with FlyCode. They mention significant improvements in their failed payment recovery rates, with minimal effort required on their part.
FlyCode's AI-powered payment engine helps recover and reduce churn automatically. It combines AI models with payment logic, authorization data, and payment retries. The AI runs in the background of subscriptions to monitor and reduce payment failures, offering dynamic payment optimization tools and data models.
Key takeaways:
FlyCode is a dunning solution that recovers more revenue and saves hours of work every week.
It helped increase the failed payment recovery rate from 51% to 66% in just a month, with a peak recovery rate of 71% in January.
FlyCode's payment engine AI can recover and reduce churn automatically.
FlyCode's AI also offers dynamic payment optimization tools and data models to monitor and reduce payment failures.
