Payment Plans

Customised instalment payments management

Tailor flexible payment options that work for you and your customers. Easily set up, automate, and manage recurring payments with ezyCollect.

UI rendering of Payment Plans screens in ezyCollect

Flexible payments made for the different ways you do business

In today’s ever-evolving business landscape, it’s all about adapting your payment strategies to match your unique approach. And, of course, making life easier for your valued customers. We understand the importance of offering flexible payment solutions, and now, we’ve simplified the process of creating well-structured Payment Plans, putting you in control from the start.

illustration of two accountants being frustrated by late payments and instalment payment challenges

The challenge of managing recurring payments

Managing instalment payments has been a complex challenge for accounting teams, and it meant relying on spreadsheets and manual processes, which brought about these issues:

  1. Time-consuming: Manual methods involve creating complex spreadsheet formulas, checking calendars, and watching over each payment. It eats up your precious time and slows things down.
  2. Error-prone: Manual methods are prone to errors, leading to disputes and longer payment cycles.

But what if there’s a way to do away with all the complicated spreadsheets and the hassle of keeping track of dates?

Meet Payment Plans: A smarter way to manage instalment payments

Payment Plans makes your life simpler when it comes to setting up and managing instalment and subscription payments. You’re in control – customise payment structures and schedules to fit your needs, and watch as the system instantly handles the calculations for you. Plus, by securing Direct Debit Authorization (DDA) upfront, your payments roll in automatically, ensuring you get paid right on time.

Now, creating flexible payment plans is easier than ever. It’s all about saving you time and delivering an outstanding experience for your customers.

GIF animation of instalments being computed after payment details input using Payment Plans by ezyCollect

Manage recurring payments with ease

Get paid faster
Flexible options minimise unpaid invoices With a DDA in place, instalments are automatically collected, ensuring you receive payments on time.

icon for ezyCollect Payment Plans feature showing calendar and gold coin suggesting instalment payments

Instalment payments, your way
Customise payment plans to match your business and delight customers. Whether it’s instalments or subscription-based plans in schedules that fit your needs– the choice is yours!

icon of a rocket with calculator, money and email icons around suggesting speed in processes

Time savings from start to finish
Our system crunches the numbers as you customise. Customers receive automatic notifications, and auto-reconciliation takes care of settled balances—it’s all automated and effortless!

There’s more to love in Payment Plans

Payment Plans works within ezyCollect’s automated accounts receivable platform, providing you with an ecosystem of tools and functionalities that make managing instalment payments (and your cash flow!) a whole lot better.

Take charge of your cash flow

Apply Payment Plans at the invoice or customer level. This control enables you to optimise your accounts receivables in a way that works best for your business.

Get valuable insights into payment trends

Payment Schedule Reporting functionality provides insights into scheduled payments – what’s on the horizon, what’s smooth sailing, and what might need a nudge so you can shape payment strategies with confidence.

Automate your reconciliation

With Payment Writeback*, instalment payments for invoices are automatically reconciled as soon as the complete balance is settled, freeing up your time and resources.

*(available for select ERPs)

Breeze through setbacks

Ensuring a seamless recovery process is crucial when instalment payments encounter a hiccup.  Collect Now functionality collects failed instalments in just a click of a button, swiftly bringing the plan back to balance.

illustration showing Payment Plans applied on the customer and invoice level in ezyCollect
rendering of payment schedule reporting UI in ezyCollect
GIF animation showing payment allocation or auto reconciliation of paid invoices in ezyCollect to ERPs
UI illustration of Collect Now prompt on Payment Plans feature in ezyCollect

How does Payment Plans work?

Here’s what you can do with Payment Plans

Here are some use cases when customising instalments will come in handy for your business

icon of a subscription plan

Instalment-based invoice settlements

Provide instalment options for customers struggling to make their payment on time.

Subscription plans

Collect recurring payments from customers for as long as they’re subscribed to your product or services.

Annual commitments paid over time

Let customers pay over time for annual contracts or memberships.

Credit line to customers

Payment Plans lets you collect instalment payments from customer loans not tied to an invoice.

Instalment plans with deposit

Collect an initial deposit followed by succeeding instalments as part of a customer’s payment plan.

Milestone payments

Collect payments throughout the duration of a project or contract with a final amount due upon delivery or completion.


milestone and instalment payments graphic

Get started with Payment Plans today

Take the complexity out of managing instalment and subscription payments and offer your customers a hassle-free experience. Speak with our payments experts to learn more about Payment Plan options for your business.