The total economic impact of Vindicia Retain | Forrester Study
Increase customer retention and extend customer lifetime value
The Total Economic Impact™ of Vindicia Retain (formerly Vindicia Select), a commissioned study conducted by Forrester Consulting on behalf of Vindicia, examines the economic benefits of using Vindicia Retain to recover failed payment transactions. Vindicia Retain is a SaaS-based solution that utilizes machine learning, subscription intelligence, and sophisticated algorithms to address the problem of payment card declines for subscription-based businesses. The Forrester TEI study concludes that, over a three year period, a composite organization experienced the following results:
- Vindicia Retain recovers 687,000 transaction (18% of terminally failed transactions)
- Revenue from recovered payment transactions totals $6,249,477
- Vindicia Retain adds 6.2 months to customer lifetime value
To download the complimentary study or view the digital version online, just fill in the form. You will learn how Vindicia Retain can benefit your subscription business.