By using this website, you agree with the use of cookies set for performance, statistical and advertising purposes. Learn more about our Cookie consent.

Effective cash collection is one of the most essential aspects of good business practice.

With 3.4 billion payments via DD in 2013 and predicted growth to 4.2 billion by 2022* the value of the DD model is clear to businesses and customers alike.

* Payments Council – Payments Council Report 2013

The Direct Debit Management ebook will cover the following sections:

Section 1: Introduction 

Section 2: The Value of Direct Debit

Section 3: Direct Debit Set Up Overview

Section 4: Streamlining Submission

Section 5: Customer Onboarding

Section 6: Communication

Section 7: Account Switching

Section 8: The Direct Debit Guarantee

Section 9: Education

Section 10: Payment Collection

Consolidated Cash Positioning

A seamless model for managing the end to end invoice and collection process is key to:

Maintaining cash flow

Building good customer relationships

Avoiding unnecessary errors

Minimising administrative overhead

Today, organisations have a diverse range of cash collection alternatives; customers can pay via:

Cheque

3-day Bacs

Faster Payments

Direct Debit (DD)

Mobile payments such as PayM

 

Why it matters?

3.4 billion Direct Debit payments were made in 2013.
BT transaction 79

PTX Cash Collection Services

Cash is the lifeblood of any organisation and businesses of all sizes rely on generating positive cashflow. Almost all companies face late payments challenges and it is estimated that small businesses alone are owed more than £250 billion in late payments (Zurich Insurance Group).

Brochure
BT documentation & messaging 56

PTX Connect Overview

This cloud based, collaborative platform enables greater control and proactive management of your outbound financial documents, delivering superior real time data and insight for decision making around cash flow health.

Video

You May Also Like

Related solutions

GET IN TOUCH

Want to learn more about PTX?

Give us a call.

Our payment experts are here to help.

+44 118 925 8250

Chat with us.

Chat with one of our payment experts. We'll recommend the right solution for you.

See how we can drive your business forward.

Tell us a bit about you and your business and we’ll get back to you with all the information you need.

Curved Shape