We have just launched a new direct debit Service in conjunction with a couple of direct debit processing providers.
If you want to be paid on time, almost every time, you need to start taking your payments by Direct Debit.
Contrary to popular belief, Direct Debit is now available for use by small businesses and the costs of providing you with the scheme more than pays for itself!
Direct Debit is a secure and safe way of receiving payment and your customers are protected by the safeguards of the Banks Direct Debit Guarantee Scheme.
We have teamed up with a couple of Direct Debit Scheme providers. Between us we are able to offer you a Direct Debit Service backed up by a credit control service to deal with Direct Debit failures.
This service is aimed at:
- Small, medium & large businesses who raise a minimum of 100 invoices per month (there is no upper limit on the number of transactions we can process for you)
- Companies that are looking to establish a new direct debit scheme
- Companies that have an existing direct debit scheme with another provider who are fed up using their time & resources (not to mention the expense) in managing the process themselves
How it Works
The Direct Debit Provider will:
- Set up a Direct Debit originator number on your behalf with the bank
- Collect monies from your customers directly into your bank client account
- Account to you for monies collected
Credit Control Solutions (CCS) will:
- Help to convert existing customers to pay you by Direct Debit
- Send out Direct Debit Mandates to your customers
- Set up new Direct Debit payers for you with the Direct Debit provider
- Put together your Direct Debit Batches for you (A list of your customer accounts to be debited) and e-mail to the Direct Debit provider.
- Deal with any rejected or failed Direct Debit items (ADDACS, AUDDIS OR ARUDD), by importing them into our Credit Management Software and chasing until payment is received
- Allocate monies received by Direct Debit on to your accounts software
With our unique blend of services you will benefit from:
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Better & assured cash flow (95%+ of monies will be collected by Direct Debit. (those that fail to pay you by direct debit will be collected via our credit control process)
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More control over customers (we will provide you with reports that make it easy for you to decide those customers you wish to keep and those that you no longer wish to deal with)
- Huge time Savings
- Increased customer retention
- A much lower risk of bad debt
If you want to be paid on time almost every time and for those that don’t pay to be chased diligently and monies collected through our credit control process, then please visit our website for further information
Jamieo "Making Your Cash Flow"
