How is billing generated with the Respaid license?
Last updated April 23, 2024
Respaid license features are a comprehensive option for optimizing overdue collections, including sliding scale pricing and a single annual payment.
The more unpaid invoices you send us, the greater your chances of making a profit.
We offer fair pricing and the ability to switch plans according to your needs.
✨ Respaid offers three (3) different subscription plans, depending on the number of outstanding payments.
| Our offers | Standard $1 589 /month + collection fees | Premium $1 913 /month + collection fees | Enterprise $14 789 /month + collection fees |
| Recovery fees | Rate | Rate | Rate |
| Success-based dynamic fees | Depends on the age of the claim | Depends on the age of the claim | Depends on the age of the claim |
| Transaction fees (online payments only) | +3,97% | +3,49% | +2,87% |
| Fixed fees per debt recovered | +31,67 (only upon success) | ||
| Processing time | 14 business days | 7 business days | 2 business days |
| Minimum amount of claims | 200 | 70 | 20 |
| Number of claims per year | 49 | 400 | unlimited |
| Installment Fee | +10% | ||
| SMS & Voicemail | +4% | ||
| Credit card - fraud prevention | +1% | ||
| Email address correction fees | +1,5% | ||
| Support | Standard per chat (reply within 2 days) | Priority (1 key account, within 1 day) | Priority (1 key account, within 2 hours) |
| Integration via Zapier | |||
| Integration API (SAP, Sage, Salesforce, +200 software) | — | +$250/m (optional) | |
| Analytics of debtor disputes | |||
| Installation fees | 0 | 0 | 0 |
| Users | 1 | 5 | unlimited |
✍️ Dynamic fees are fees that depend on the age of the recovered debt. These fees are paid for each debt recovered, regardless of the chosen plan.
| SENIORITY | RESPAID RATE |
| -45 days | 10,9% |
| 45 days - 3 months | 15,9% |
| 3 months - 6 months | 20,7% |
| 6 months - 12 months | 25,8% |
| 12 months - 18 months | 27,6% |
| 18+ months | 29,3% |
🚨The more recent a debt is, the easier it is to recover. The fee calculation adjusts automatically accordingly, transaction by transaction. These fees are only charged in case of success. 🚨