Recurring revenue with Priority Rerun
Pros
- Easy to set up and get started.
- The ability to withdrawal directly from bank accounts to save on high merchant service fees.
- Ability to include a surcharge for credit cards if you desire.
- Ability to set up email templates so that Rerun can automatically send emails to clients when a payment method expires. Then, the client/customer can login and update their own credentials.
Cons
- Honestly, this is the only software I have used for automation of recurring payments. So far, I haven't had any issues for how I use it. Others who use it more in-depth may find areas for improvement.
Return on Investment
- It's been amazing! I started using it for delinquent accounts and it worked so nicely that I decided to start billing my clients monthly vs hourly. The software itself doesn't cost anything, they only charge merchant fees and per-transaction fees. I would be paying these to accept credit cards anyway, so it is 100% worth it. Plus, it has saved me time on bookkeeping and collections, which allows me to have more billable time. It has helped me take my business from a time-based billing system to a value-based billing system.
Other Software Used
Xero, Priority AccountEdge
