Payments and Cash Management
Comprehensive and centralised cash and payments management with real-time visibility and minimal implementation time via our cloud-based platform.
Direct Debits are a familiar and widely-trusted, and forward-looking businesses should be considering and implementing payment methods that follow the trends of consumers.
By collecting Direct Debits automatically, businesses can forecast and manage cash flow more easily through regular, recurring payments, saving on time, costs and unnecessary errors.
Businesses that automate Direct Debits benefit from:
Increased profitability, as operational costs are reduced
Simple reconciliation by exception, with only errors and non-payments returned
Certainty and control over payments, allowing for improved cash forecasting
A more efficient payer management system, with amendments to customer’s bank details informed electronically.
Part of the PTX Payments and Business Solutions Suite, PTX Direct Debit Management ensures your business complete control when processing Direct Debits, with fully Bacs-approved compliant payments software as standard.
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