Payment Tracking & Analytics

Monitor your payment performance, track conversion rates, and optimize your collection process with detailed analytics.

What You'll Learn

  • How to access and interpret payment analytics
  • Key metrics for payment performance
  • Real-time payment notifications and tracking
  • How to optimize conversion rates

Accessing Payment Analytics

Stripe Integration Dashboard

View comprehensive payment statistics in your Stripe integration dashboard at Dashboard → Integrations → Stripe.

Available Sections:

  • Payment Statistics: Overview of payment performance and conversion rates
  • Revenue Tracking: Total revenue processed through Stripe integration
  • Payment Methods: Breakdown of preferred payment methods
  • Time-based Analytics: Payment trends over different time periods

Stripe Dashboard Integration

For detailed transaction-level analytics, access your Stripe Dashboard directly.

Additional Stripe Analytics:

  • • Detailed transaction logs
  • • Customer payment behavior
  • • Failed payment analysis
  • • Geographic payment distribution
  • • Payment method performance

Key Payment Metrics

Conversion Rate

Primary Metric

Percentage of invoice emails that result in successful payments.

73.5%
Average industry rate: 65-75%

Good: 70%+ • Excellent: 80%+

Average Payment Time

Efficiency

Time between invoice email and payment completion.

2.3 days
Industry average: 3-5 days

Good: <3 days • Excellent: <1 day

Payment Success Rate

Reliability

Percentage of payment attempts that complete successfully.

94.2%
Industry average: 90-95%

Good: 92%+ • Excellent: 96%+

Revenue Recovery

Impact

Total revenue collected through Stripe payment links.

$47,250
This month: +18% vs last month

Track monthly and yearly revenue trends

Real-time Payment Tracking

Payment Notifications

Get instant notifications when payments are received through your Stripe integration.

Successful Payments

  • • Instant email notification
  • • Invoice status auto-updates to "Paid"
  • • Follow-up sequences automatically pause
  • • Payment recorded in dashboard

Failed Payments

  • • Immediate failure notification
  • • Reason for failure provided
  • • Follow-up sequences continue
  • • Automatic retry options available

Payment Status Tracking

Monitor payment status changes in real-time across all your invoices.

Status Flow:

Pending
Processing
Paid

Each status change triggers automatic updates and notifications

Optimizing Payment Performance

Improving Conversion Rates

Email Optimization:

  • • Send invoices during business hours (9 AM - 5 PM)
  • • Use clear, professional subject lines
  • • Place payment buttons prominently in emails
  • • Include payment terms and due dates
  • • Follow up within 24-48 hours of due date

Payment Experience:

  • • Offer multiple payment methods
  • • Enable mobile-optimized checkout
  • • Provide clear payment instructions
  • • Set up automatic payment receipts
  • • Include customer support contact information

Reducing Payment Failures

Common Failure Reasons:

  • • Insufficient funds (40%)
  • • Incorrect card information (25%)
  • • Expired payment method (20%)
  • • Bank declined transaction (10%)
  • • Technical issues (5%)

Prevention Strategies:

  • • Send payment reminders before due date
  • • Offer payment plans for large amounts
  • • Provide alternative payment methods
  • • Include clear error messages
  • • Set up automatic retry for failed payments

Advanced Reporting

Custom Analytics Reports

Generate custom reports to analyze payment trends and optimize your collection strategy.

Monthly Reports

  • • Revenue by month
  • • Conversion rate trends
  • • Payment method analysis
  • • Client payment patterns

Client Analysis

  • • Top paying clients
  • • Payment behavior patterns
  • • Average payment time by client
  • • Risk assessment scores

Performance Metrics

  • • Email open rates
  • • Payment link click rates
  • • Conversion optimization
  • • ROI calculations

Take Your Analytics Further

Ready to dive deeper into payment optimization? Explore these advanced features: