This task can be performed using UniBee
Billing made easy
Best product for this task
UniBee
oss
UniBee is an open-source subscription billing platform built for SaaS, Fintech, and AI startups. It helps you manage the entire subscription lifecycle from creating plans and trials to handling upgrades and renewals. The platform automatically meters usage-based charges, generates compliant invoices in multiple currencies, and recovers failed payments through smart dunning logic. You can self-host the core platform for free to avoid vendor lock-in, or choose their affordable cloud plan.

What to expect from an ideal product
- UniBee runs smart dunning sequences that automatically retry failed payments at the best times to maximize recovery rates without annoying your customers
- The platform sends personalized email notifications to customers about payment issues and gives them easy ways to update their payment methods directly
- You can set up different retry schedules for various failure types, like insufficient funds versus expired cards, to handle each situation properly
- UniBee tracks which customers are at risk of churning due to payment problems and lets you offer targeted discounts or payment plans to keep them
- The system generates detailed reports on failed payment patterns so you can spot issues early and adjust your dunning strategy to reduce future failures
