PlanSplit empowers service providers to build customer loyalty and stabilize recurring revenue by offering flexible subscription plans. The platform automates recurring billing and payment processing, enabling businesses to provide predictable service access and enhance customer relationships.
Funding
Funding not disclosed
Founders
Product
Problem
Service providers face challenges in increasing customer loyalty and stabilizing recurring revenue streams. Traditional transactional models often create barriers to consistent service utilization due to upfront costs or unpredictable expenses.
Solution
PlanSplit provides a platform for service providers to offer flexible subscription plans, including all-inclusive, level-based, and usage-based models. This enables businesses to enhance customer loyalty and satisfaction by providing predictable service access and value. The platform automates recurring billing and payment processing, streamlining operations for providers and improving affordability for consumers. By facilitating split billing and offering clear value propositions, PlanSplit aims to increase monthly recurring revenue (MRR) for businesses while fostering stronger provider-consumer relationships.
Target Audience
The platform targets service providers across various industries, such as veterinary clinics, wellness centers, and other businesses seeking to implement subscription-based service models.
Features
- Configurable subscription plan creation: all-inclusive, level-based, and usage-based models.
- Automated recurring billing and payment collection via integrated payment gateways (e.g., Stripe Connect).
- Provider portal for managing services, pricing, and subscription offerings.
- Consumer dashboard for viewing usage, savings, and managing payments.
- Automated handling of renewals and cancellations with options for retrograde payment for services rendered.
- Built-in appointment scheduling functionality.
- Optional marketplace for increased visibility of subscription plans.
- Marketing kit and platform marketing support to promote subscription offerings.