Chaser Introduces Payment Plan Options to Allow Users to Add and Chase Instalments for Unpaid Invoices
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See how payment plans work in Chaser
Large invoices often serve as a deterrent to customers clearing their balances quickly, as they could struggle with cash flow themselves. With Chaser's new payment plan feature, users can give their customers the chance to break up their invoices into smaller, easier-to-manage instalments.
The payment frequency of the payment plan can be weekly, bi-weekly, monthly, and yearly and it will determine the due dates for each instalment. The amounts are automatically split evenly, but users can choose to make adjustments based on their preferences. After users have added a payment plan to an invoice, a 'Payment Plan' tab will appear on the invoice page where they can view the details for that specific plan.