The Pelcro Blog
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401 articles on subscriptions, billing and paywalls. Browse and filter from the blog home.
Pelcro Platform Update: Enhanced Subscriptions, Streamlined
Platform🟢 This update introduces several enhancements to how subscription details are displayed and organized on the platform. The updates applies to both Subscriptions & Memberships sections within Pelcro. • Introducing "Final Phase End" column, providing visibility into the end date considering both the current subscription phase and any upcoming renewals. This will be available on subscriptions/memberships section, details, and exports. • The following table explains the terminology for key
Product ReleasesJul 8, 20243 min readBoost Subscriber Lifetime Value (LTV) with Pelcro and Mather
In the competitive world of publishing, subscriber churn is a constant threat. Keeping readers engaged and satisfied over the long term is crucial for any publication's success. But what if you could leverage an algorithmic, audience-first approach to optimize your subscription offerings to boost revenue while minimizing churn?The Power of Pelcro and Mather IntegrationPelcro, a leading subscription management platform, has joined forces with Mather Economics, a data analytics powerhouse, to inte
Press ReleasesJul 3, 20243 min readBangor Daily News Partners with Pelcro to Automate Billing
Pelcro, a leading provider of recurring billing solutions, is thrilled to announce a strategic partnership with Bangor Daily News, a prominent newspaper serving central and eastern Maine. This collaboration empowers Bangor Daily News to streamline subscriber management and accelerate growth for their loyal print and digital audience."We're excited to be working with Pelcro because we have seen since the beginning that Pelcro understands the goals of newspapers in strengthening their newsrooms an
Press ReleasesJun 17, 20242 min readPelcro Streamlines Interface, Boosts Invoicing, and
Platform🟢 Pelcro is streamlining its interface! The "Operations" section is now named "Automations" to better reflect its focus on managing automated campaigns and fulfillment processes. Don't worry, everything you rely on is still there - campaign and fulfillment tools remain within "Automations." This is simply a terminology update, so no further action is needed from you.🟢 This update introduces the ability to export members associated with a specific membership subscription. An "Export" bu
Product ReleasesJun 3, 20244 min read3 Methods to Eliminate Billing Queries to Reduce DSO with
Ever stared at a stack of unpaid invoices and wished your cash flow flowed a little smoother? You're not alone. Businesses of all sizes struggle with accounts receivable, specifically the dreaded Days Sales Outstanding (DSO). DSO refers to the average time it takes to collect payment on a sale. A high DSO can strangle your cash flow and hinder growth.The good news: there are ways to tackle DSO and get paid faster. Here's how answering billing questions proactively can significantly improve your
Industry TrendsJun 3, 20243 min readIncentivise Customers to Reduce DSO with These 3 Strategies
Every business owner understands the importance of a healthy cash flow. But a major hurdle to achieving that can be slow-paying customers, leading to high Days Sales Outstanding (DSO). This metric tracks how long it takes, on average, to collect payment on invoices after a sale is made. A high DSO means a significant portion of your revenue is tied up in outstanding invoices, hindering your ability to invest in growth and operations.Here's where incentivizing customers comes in. By implementing
Industry TrendsMay 30, 20242 min read3 Strategies for a Smoother Payment Flow That Businesses Are Not Doing
Chasing late payments and managing complex invoicing processes can be a major headache. Here are three powerful strategies that can help you
Industry TrendsMay 24, 20242 min read4 Underutilized Practices to Reduce Your Accounts
Struggling with slow-paying customers and a high AR DSO (Accounts Receivable Days Sales Outstanding)? You're not alone. But what if there were simple strategies you could implement to significantly reduce DSO and boost your cash flow? Want to start getting paid faster and improve cash flow, sign up now and speak to an industry expert to get started. This article explores four often-overlooked best practices that leverage technology and smart communication to get you paid faster by creating actio
Industry TrendsMay 16, 20243 min readRelease 1.73: New Enhancements for Payments & Refunds
Features & EnhancementsSource Tracking for Password Reset RequestsNow, we are capturing the source of the reset password requests by introducing the 'referrer' attribute to the Forgot Password and Reset Password APIs and their related webhooks. This enhancement distinguishes between requests originating from the mobile application and those from the website, enabling you to personalize communication based on the source of interaction.Enhancements for Offline Payments and RefundsYou can now easil
Product ReleasesMay 6, 20241 min readThe 7 Benefits of Using FedNow for Invoicing
In the rapidly evolving realm of business, keeping pace often entails embracing efficient and convenient solutions. FedNow, with its cutting-edge platform, offers a seamless and secure system that can revolutionize the way you manage financial transactions. Let's delve into the benefits of using FedNow for invoicing in your business.Rapid Transactions:One of the standout advantages of employing FedNow for invoicing is the speed of transactions. Traditional payment methods, such as checks or wire
Industry TrendsApr 20, 20242 min readOxford American Goes Live with Pelcro for Streamlined
IntroductionOxford American, a leading literary magazine dedicated to showcasing the best writing from the American South, is excited to announce the successful integration of Pelcro, a dynamic subscription and membership management platform. This launch marks a significant milestone in enhancing the user experience and simplifying the subscription and donation processes for readers.Pelcro's innovative platform offers Oxford American subscribers and donors a seamless and intuitive experience, en
Press ReleasesMar 22, 20242 min readHow Publishers Can Learn From Amazon and Walmart to Reduce
IntroductionThe magazine and newspaper industry is witnessing a swift decline in revenue growth worldwide, placing it among the top 10 sectors affected by this trend. This decline is primarily fueled by a substantial annual churn rate of 30%, where over a third of this churn is directly linked to unsatisfactory customer experiences. Given that almost half of all churn is preventable, publishers need to act now to improve retention rates to survive in this shrinking market.Why should Publishers C
Industry TrendsMar 11, 20243 min readWhat's New in Version 1.72
We're excited to share that our tax calculation system has been extended to support our eCommerce module! Taxes can now be accurately applied to eCommerce orders, ensuring compliance and transparency. These improvements streamline order creation, invoice generation, and returns, ensuring accuracy at every step.
Product ReleasesMar 4, 20243 min readHCN Goes Live With Pelcro's Subscription Management Solution
High Country News (HCN), goes live with Pelcro to elevate user experience.
Press ReleasesFeb 13, 20242 min readWhat's New in Version 1.71
Are you brimming with brilliant ideas on how to make our platform even better? We're all ears! Share them with us here.New FeaturesAllow Adding Expiry Date To Paid PlansPlatform✅As an admin, I want to be able to set expiry dates for paid plans, ensuring seamless renewal processes and timely notifications.With this feature, you will have the ability to automatically cancel all subscriptions associated to a given plan with a specific duration, once the plan expiry date is reached. This allows you
Product ReleasesFeb 2, 20241 min readPelcro & Star Observer Partnership: Driving Subscriptions in Australia
Star Observer, Australia’s independent LGBTI publisher since 1979, picks Pelcro to power subscriptions for its 200,000-strong audience across web, social, and print.
Press ReleasesJan 19, 20241 min readSpotify Experiences a 16% Surge in Paid Subscribers in Q3 2023
In a triumphant third quarter of 2023, Spotify, the leading music streaming service, achieved a remarkable 16% increase in its paid subscriber base. This unprecedented growth can be attributed to Spotify’s unwavering dedication to delivering an unparalleled user experience, driven by the seamless integration of hyper-personalization through AI technology, along with the introduction of the innovative JAM feature, fostering a strong sense of community among its users.Spotify’s relentless pursuit
Jan 19, 20242 min readThe 7 Benefits of Using Interac for Invoicing
In the ever-evolving landscape of business, staying ahead often means embracing efficient and convenient solutions. When it comes to invoicing, Interac offers a seamless and secure platform that can transform the way you handle financial transactions. Let's explore the myriad benefits of using Interac for invoices in your business. 1. Speedy Transactions: One of the standout advantages of using Interac for invoicing is the speed of transactions. Traditional payment methods, such as checks or wir
Dec 13, 20232 min readHow Interac For Business can Shape Consumer Behaviour and
In the fast-paced world of business, time is money. For contractors and freelancers, the ability to receive payments quickly and efficiently can make a significant impact on their bottom line. One solution gaining traction in the payment landscape is Interac for business, offering instant payments with lower transaction fees. In this blog post, we'll explore how embracing instant payments can not only benefit contractors but also influence consumer behavior. The Need for Speed in Business Cont
Dec 5, 20232 min readAccelerating Success: The Ultimate Guide to Instant
Introduction In the rapidly evolving landscape of financial transactions, instant payments have emerged as a game-changer for Businesses looking to streamline their invoicing processes and enhance cash flow. In this comprehensive guide, we will explore the Power of Instant Payments for Businesses, how they work, and why Businesses should consider adopting this payment method. Understanding Instant Payments Instant payments, also known as real-time payments, refer to financial transactions that
Nov 27, 20232 min readHow Instant Payments Facilitate Seamless Business Operations
In the fast-paced world of business, efficiency is the key to success. The ability to streamline operations and facilitate seamless transactions can make all the difference in gaining a competitive edge. One technology that is revolutionizing the way businesses operate in Canada is Interac's instant payment system. In this blog post, we'll explore how the adoption of instant payments, particularly through Interac, can significantly enhance business operations. The Need for Speed Traditional paym
Nov 17, 20232 min readCondé Nast Adapts to Shifting Media Landscape with Workforce Reduction
In a significant move reflecting the dynamic challenges of the digital age, media giant Condé Nast has announced a 5% reduction in its workforce.
Nov 14, 20232 min readThe New York Times Surges Ahead with 180,000 New Digital
In a remarkable feat of digital subscription growth, The New York Times has added a staggering 180,000 new subscribers in the second quarter of 2023 according to the Global Digital Subscription Snapshot Report. This achievement is a testament to the newspaper's unwavering commitment to quality journalism and its strategic approach to subscription services. What's even more intriguing is that more than half of these new subscribers have opted for the full bundle offered by the company, encompass
Oct 19, 20232 min readEffect Magazine Boosts Website Traffic by 10X
In a time saturated with digital content, Effect Magazine has emerged as a beacon of inspiration, achieving a meteoric rise in online traffic and fostering a dedicated readership base. Through an interview with FIPP Peter Martin, the Head of Editorial and Content, we've uncovered key insights into the strategies that propelled Effect Magazine to its remarkable success, shedding light on how B2B publications can replicate and adapt these approaches.First and foremost, the emphasis on producing co
Oct 19, 20232 min read