How does Respaid invoice a licensed user?
Last updated April 4, 2024
The features of the Respaid Plus license are a complete option for optimizing overdue collection, including decreasing prices and a one-time payment per year.
The cost of the subscription depends on the annual volume. You can get a quote here .
Below is a comparison of the fees included in Respaid Plus compared to the standard plan.
| Standard fees | Respaid + | |
| Defined success-based collection fees: | - < 45 days: 10.9% of the amount recovered - 45 days to 3 months: 15.9% of the amount recovered - 3 months to 6 months: 20.7% of the amount recovered - 6 months to 12 months: 25.8% of the amount recovered - 12 months to 18 months: 27.6% of the amount recovered - more than 18 months: 29.3% of the amount recovered With fixed lawyer fees: 31.67% | Included |
| When debtor pays by credit card | 4.9% of the amount received | 2.26% of the amount received |
| Installment payment (claim over $199) | 10% of the amount received | Included |
| Deferred payment | 1% of the amount received | Included |
| Lawyer notification by SMS/ Voice message option: Proposed during the implementation of each table of receivables | 3.5% of the amount recovered | Included |
| Debtor emails verification option : Proposed during the implementation of each table of receivables | 1.5% of the amount recovered | Included |
Included in the Respaid Plus license:
- Prevention of credit card fraud
- Priority support
- Advanced analytics
- API Integration
- Weekly lettering
- Dedicated Account Manager
Note: It should be noted that if the collection process is cancelled for any reason (for example, because the debt has been settled or the debt is non-recoverable), there are cancellation fees associated since we have started the communication steps.
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