Automate Failed Payment Recovery

# Automate Failed Payment Recovery ## What It Does Automate Failed Payment Recovery analyzes and resolves failed payment renewals, saving finance teams time and minimizing revenue loss. It generates instant Jira tickets and Slack alerts to streamline follow-ups, ensuring that issues are addressed promptly. The automation helps to identify the root cause of failed payments and takes corrective actions. By automating this process, finance teams can focus on more critical tasks. ## Who Needs This Finance Managers who struggle with manual follow-ups on failed payment renewals need this automation. They currently spend a significant amount of time investigating and resolving these issues, taking away from other important tasks. By automating this process, Finance Managers can save 2 hours per day and reduce revenue loss. ## How It Works — Step by Step 1. You provide a list of failed payment transactions, and the agent analyzes each one to determine the cause of the failure. 2. The agent checks the payment method and expiration dates to identify potential issues. 3. It verifies the customer's account information to ensure it is up-to-date and accurate. 4. If an issue is found, the agent generates a Jira ticket with the relevant details, including the customer's information and the reason for the failed payment. 5. The agent sends a Slack alert to the finance team, notifying them of the issue and the Jira ticket created. 6. You review the Jira ticket and Slack alert to determine the next course of action. 7. The agent updates the payment status in your system once the issue is resolved. 8. You can run the automation as many times as needed to process new failed payment transactions. ## What You Get * Instant Jira tickets for failed payment renewals * Slack alerts to notify the finance team of issues * Analysis of failed payment transactions to identify root causes * Updated payment status in your system * Saved time for finance teams (2 hours per day) * Minimized revenue loss due to failed payments ## Setup Requirements * Jira account credentials * Slack workspace credentials * API key for payment gateway (e.g. Stripe, PayPal) * List of failed payment transactions * Access to your payment system to update payment status ## Pricing $39 one-time *No subscription. Yours to keep and run as many times as you want.*