A high DSO and a growing list of outstanding receivables limits your brand’s ability to invest for the future.
Overall, having a rock-solid platform like GoCardless for automated monthly payment collection is a huge advantage from a cash flow point of view. We can be more confident of our ongoing income, and we can see an income stream that is forecastable for the near future.
GoCardless is built on bank debit, a pull-based payment method. This puts you in control of when payments are collected, giving you full oversight of your accounts receivable.
Pull-based payment collection
GoCardless is built on bank debit, a pull-based, bank-to-bank payment method that allows businesses to pull payments directly from their customers’ bank accounts.
Low payment failure rates
With GoCardless, around 97.3% of payments will be collected successfully at the first time of asking. With real-time reporting, know instantly when a payment does fail so you can take action.
Intelligent retries
Sit back and let Success+ retry payments on the optimal day to collect from each customer. Recover up to 76% of any payments that do fail with Success+.
Optimize your payments with Success+
Success+ does all the heavy lifting, calculating the best time to retry a payment and tracking which payments have been successfully collected. 89% of businesses said Success+ saves them time.
Everything just works… It’s now a one- or two-touch billing process, once a month. We don’t need to think or worry about it anymore."
John Heggs, Finance Manager, intY
Trusted by 85,000+ businesses. Of all sizes. Worldwide
Capital on Tap & Reducing costs
“By collecting payments over direct debit and pull ACH versus cards or other payment rails, we've probably saved $10, $15 or $20 million.”
Deel & Payment success
“Prompt and error-free payment into the platform is vital to guaranteeing people are paid on time. GoCardless enables customers to authorize us to pull money from their accounts, so we can schedule payments at the optimum time.”
PremierePC & Reducing fees
“I went on the GoCardless website and thought, ‘Wow, these fees are fantastic. This would reduce our fee structure by over 85%.”
Deputy & Cash flow
“GoCardless has a massive impact on the business because it helps us improve cash flow. As soon as we get payments in our bank, that's cash that we can invest in our aspirations for growth.”
Speak to one of our payment experts about the challenges of reducing payout timings, and we’ll work with you to transform the way you collect recurring payments.
