Regpack’s software allows you to decide what kind of payment plans you are willing to extend to your participants,automatically aids users to manage their own payment plan while reminding them when payments are due. All you need to do is set parameters for the payment plans and Regpack will do the rest!
Regpack’s integrated payment system gives you the control of how and when payments are made and makes sure your applicants comply. Everyone has a different financial situation. While we want to enable all different kinds of people to experience the same project, sometimes giving an individual plan to everyone can get confusing and it just plain wastes your time. And of course, with everyone on a different plan, keeping up with individual payment due dates and balances can be a nightmare.
Regpack clients who have been using autobilling and payment plans have seen:
- 75% decrease in non-payment!
- 25% improvement in cash flow!
- Increase payment rate by 35%
- 35% conversion increase on applicants turning into paying clients!
Our account managers deal with payments every day. We know, based on experience, what kind of payment plan set-up’s work and which don’t. Our seasoned advice can help inform your registration process to make it effective and manageable for both you and your applicants. We construct for you parameters and settings that work best for your company and your applicants. We offer payment support as well, so when problems creep up, we’re there to squash them before they get out of control.
Your applicants can choose the payment plan that works best for them and Regpack will take care of the rest. With the help of your account manager, choose parameters that make sense for your bottom line. If you need all payments completed by June 1, payment plans can be generated that conform to this date setting. If you want to offer only 1 payment plan or 10, Regpack supports it.