{"id":8059,"date":"2024-05-14T20:58:00","date_gmt":"2024-05-14T19:58:00","guid":{"rendered":"https:\/\/www.commusoft.com\/?post_type=press&p=8059"},"modified":"2025-12-11T04:57:37","modified_gmt":"2025-12-11T10:57:37","slug":"pr-commusoft-releases-out-of-the-box-contract-management-solution-to-build-recurring-revenue","status":"publish","type":"press","link":"https:\/\/www.commusoft.com\/en-us\/press\/pr-commusoft-releases-out-of-the-box-contract-management-solution-to-build-recurring-revenue\/","title":{"rendered":"Out-of-the-box Contract Management Solution to Build Recurring Revenue"},"content":{"rendered":"\n
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\n\t\t\t\tCommusoft Releases out-of-the-box Contract Management Solution to Build Recurring Revenue\t\t\t<\/h1>\n\t\t\n\t\t\n\t\t\t\t
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This new functionality comes with a fully integrated payment system through GoCardless, helping trade businesses increase revenue during the slow season.<\/strong><\/strong><\/strong><\/p>\n\n\n\n

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London, UK, MAY 2024 –<\/strong><\/p>\n\n\n\n

Commusoft’s new solution offers unparalleled flexibility in handling commercial and residential agreements for B2C, B2B, and B2B2C companies. This out-of-the-box solution empowers businesses to manage their service contracts effortlessly.<\/p>\n\n\n\n

The GoCardless and Commusoft partnership allows trades businesses to offer a wide range of bank payment options to their customers and get paid faster. After integrating GoCardless\u2019 open banking-powered Instant Bank Pay last year for one-off payments, Commusoft has now added the fintech\u2019s Direct Debit capabilities to help businesses take regular payments seamlessly. This includes collecting monthly recurring payments for a boiler care plan or collecting monthly recurring payments for a boiler care plan or the rent and fees owed to landlords and managing agents.<\/p>\n\n\n\n

\u200b\u200bClients can manage a variety of residential service contracts across a large volume of customers. It’s never been easier to scale residential offering:<\/p>\n\n\n\n

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  • Offer recurring billing cycles<\/li>\n\n\n\n
  • Accept direct debit and ACH payments<\/li>\n\n\n\n
  • Create contract templates<\/li>\n\n\n\n
  • Automate contract renewals<\/li>\n\n\n\n
  • Reduce debt-chasing<\/li>\n<\/ul>\n\n\n\n

    Clients can also handle highly complex commercial service contracts, and mitigate operational risks for them & their customers at every step of the journey:<\/p>\n\n\n\n

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    • Create complex contracts<\/li>\n\n\n\n
    • Serve diverse business types<\/li>\n\n\n\n
    • Ensure a smooth renewal process<\/li>\n\n\n\n
    • Customise PPM schedules<\/li>\n\n\n\n
    • Provide custom SLAs<\/li>\n<\/ul>\n\n\n\n

      \u201cRecurring revenue is the holy grail of all revenue. Everyone wants it,\u201d Says Jason Morjaria, Founder of Commusoft. \u201cTrade companies are no different. We want to empower every company that services, maintains, or installs to offer service contracts to their customers. There’s no need to worry about invoicing, payment collection, or contract management. We want our clients to focus on their customers, not the admin.\u201d\u201cRio Pools have used the contracts functionality in Commusoft to schedule in our regular maintenance visits for both our commercial and domestic customers.\u201d Says Ian, Service Team Lead at Rio Pools Construction Ltd. \u201cThis has helped us ensure all required maintenance visits on our customers’ swimming pools, spas, and the associated equipment are carried out and that nothing gets missed.\u201d<\/p>\n\n\n\n

      \u201cTradespeople are busy enough; there\u2019s no reason to add to their burden with payments admin. After all, no one enjoys or has time for tasks like chasing late payments,\u201d says Seb Hempstead, VP of Partnerships at GoCardless. \u201cThat\u2019s why we\u2019re excited to provide our Direct Debit capabilities through Commusoft, helping tradespeople pull funds on the day they\u2019re due and simplifying the back-end with automatic reconciliation. Customers can also pair Direct Debit with Instant Bank Pay, a low-cost alternative to cards when it comes to one-off payments, to cover all of their payment needs.\u201d<\/p>\n\n\n\n

      About Commusoft:<\/strong> Commusoft is a technology company that builds web-based and mobile solutions for trade companies. With innovative business management and refined customer journeys, Commusoft clients are in complete control of their growth.<\/p>\n\n\n\n

      About GoCardless:<\/strong> GoCardless is a global bank payment company that helps more than 85,000 businesses, from start-ups to household names, collect both recurring and one-off payments — without the chasing, stress or expensive fees. Each year GoCardless processes more than US$35 billion of payments across 30+ countries.<\/p>\n\n\n\n

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      About Commusoft<\/strong><\/h4>\n\n\n\n

      Commusoft is a technology company specialising in building web-based and mobile solutions for field service companies to help them refine their customer journey and improve the way they manage jobs. Commusoft is a productivity-boosting tool that helps you manage your day to day operations both in the office and in the field.<\/em><\/p>\n\n\n\n

      1,200 companies and 15,000+ daily users in the UK and US trust Commusoft for their business. Commusoft and its accompanying app are the work of a fast-growing technology company based in London, UK and Chicago, USA.<\/em><\/p>\n<\/div>\n<\/div>\n","protected":false},"featured_media":0,"template":"","meta":{"_acf_changed":false},"class_list":["post-8059","press","type-press","status-publish","hentry"],"acf":[],"yoast_head":"\nCommusoft Releases Dedicated Contract Management Solution<\/title>\n<meta name=\"description\" content=\"Commusoft has released a\u00a0dedicated service contract management solution\u00a0to enhance job opportunities as part of its powerful software suite.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commusoft.com\/en-us\/press\/pr-commusoft-releases-out-of-the-box-contract-management-solution-to-build-recurring-revenue\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta 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