Failed Direct Debit payments are more than an inconvenience - they cost UK businesses time, money, and customer goodwill.
With failure rates averaging 5%* in some industries, each case can cost up to £50** to repair and disrupt your cash flow. Manual exception handling only adds complexity and drains resources.
Receivables Automation with Bottomline now features Exceptions Management for Direct Debit.
Join payment experts Chris Spalding and Calvin Hindley in this fireside chat where they discuss failed payments and how automated exceptions management eliminates the chaos of manual recovery.
Discover how automation can:
- Embed exception handling into your Direct Debit workflow
- Provide full visibility of retries and alternative payment attempts
- Reduce costs and manual effort, freeing your finance team for strategic priorities
Why Attend?
- Improve Cash Flow: Protect revenue with timely, automated recovery
- Cut Operational Costs: Stop wasting hours and £50 per failed payment
- Enhance Customer Experience: Offer convenient alternatives without awkward chasing
Ready to end manual mayhem?
Register now and learn how smart automation keeps your collections on track.
*Bottomline data