FlyCode's payment optimization and failed payment recovery technology is powered by ML and AI to stop payment failures before they happen, recover lost revenue, and reduce passive churn. Start increasing revenue today with zero integration!
Hello Everyone 👋 I’m Jake and with my ride-or-die cofounders, Tzachi @ynextz and @etai - we’re thrilled to launch on Product Hunt 🤘 Massive thanks to @mwseibel for hunting us!
🏦 Our product saves your recurring sales. We maximize the recovery of failed payments to increase revenue and customer retention.
💤 TL;DR if you sell any type of subscription - SaaS, B2C, B2B, B2B2C/B - we’re here to help recover lost revenue due to failed payments and squash involuntary churn.
🤖 We started when ML/AI was readily available and leveraged it to personalize the recovery process, significantly outperforming the fixed-interval retry strategies and one-size-fits-all communication approach.
🤯 ‘Involuntary’ or ‘Passive’ churn is Houdini’s final act 🪄 20%-40% of ARR is lost due to payment failures, errors like insufficient funds or expired cards kill revenue.
🧮 There’s no single cause to isolate and fix this problem, each customer and their payments need to be treated individually.
Here’s how we do it:
⚡ Fully automated intervention for each payment before and after it fails
⚡ ML/AI to determine the best retry and communication strategy tailored to your business
⚡️ Integrated directly with your payment processor and subscription management platform
❗We’re offering complimentary Payment Health Audits that detail your recovery funnel and estimates FlyCode's impact on your annual revenue (no sign-up required)→ flycode.com/churn-audit-failed-payments
Thanks for checking us out, if you have any questions or feedback we'd love to hear it 💙
FlyCode Payments seems to tackle a crucial point of friction in the revenue cycle. The AI and ML-driven approach to anticipating and resolving failed payments could be a game-changer.
Are there insights and reporting features that help businesses understand payment failure patterns and improve their billing strategies?
Upvoted for the proactive approach to reducing churn and recapturing revenue, which is essential for business growth.
@odedharth yes very relevant for Stripe Merchants. We significantly expand the number of smart retries and email/sms capabilities which drives higher recovery rates. Stripe's smart recovery is a step in the right direction and encourage Merchants to try it so they can set a benchmark if they are already paying for Scale.
That sound an amazing product ,payment optimization and failed payment recovery, using this product the user will not worry about the payment congratulations on the launch
FlyCode Stripe app for Failed payments