Improved Cashflow
When your customers sign up for Direct Debityou
know what your income will be and when you can
expect to receive cleared funds in your bank
account making cashflow issues a thing of
the past.
Save time and money
How much time and money does your accounts
department spend mailing reminders and chasing
errant payers?
With BACS reports you can see who hasn't
paid at a glance.
Streamline your banking
With Direct Debits you know what amounts are
due from your customers and on what date to
expect them. Only errors and non-payments will
be notified to you. So you can carry out
reconciliation by exception.
Automatic represent service
At your request, we will write to your client and
automatically represent an unpaid Direct Debit. At
90% success rate this is a cost-effective way of
keeping business going.
Improved security and lower risks
With Direct Debit your money is secure. Built in
safeguards protect both you and your customer.
The Direct Debit vastly reduces the risks
of fraud.
Customer loyalty
When everything is ticking over happily customers
rarely cancel their Direct Debit instruction.
Research has shown an increase in customer loyalty.
Instead of looking for new suppliers, many people find
it easier to simply continue paying by Direct Debit.
Clear arrears
The flexibility of Direct Debit allows you to offer your
customers easy ways to spread the cost of their
payments over an extended period of time. At any time you can alter
the date or the amount of the next collection.
Go Paperless
Converting your collection
method to Direct Debit will
dramatically cut down the amount
of paper lying around
your office. |
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Peace of mind
Customers have busy lives and many commitments.
Your customers have the peace of mind knowing their
bills are being paid automatically on their behalf and
they will never miss a payment.
An easy life
Direct Debit gives your customer an easy life. Once a
Direct Debit has been signed, regular payments
happen smoothly on schedule.
The amount that needs to be paid can also be adjusted
by customer request.
Direct Debit is convenient and saves time. Your
customers can forget about writing and posting
cheques.
Security and confidence
Direct Debit is widely known as the
most secure form of payment and instances of fraud
are virtually unheard of.
Budgeting made easy
With a Direct Debit, customers can control their
budget and prioritise your payment.
Customers paying by Direct Debit can be given a
choice of payment dates, giving them the convenience
of choosing the date that suits them best.
By offering them a payment plan, your customers
can budget their bills more effectively by spreading
the cost.
Customers trust Direct Debit
The Direct Debit Guarantee gives your customer the
complete reassurance of knowing they are protected
by a number of safeguards.
Direct Debit is the only payment scheme guaranteed
by banks and building societies who monitor and
manage it.
Customers are informed of any changes to their
collection in writing at least ten days in advance and if
an error is made they will be refunded immediately.
A Direct Debit can be cancelled in writing at any time
by
either party. |