Having any kind of Direct Debit facility in place is a good thing, enabling customers to pay in a more manageable way. Managing Direct Debit collections manually, however, opens up the potential for human error.
Many companies still use expensive or outdated methods of Direct Debit collection, and even those organisations that have already embraced Bacs Direct Debit may not be gaining the full benefits of an efficient, fully compliant collection process.
Businesses that automate Direct Debit collection can benefit from:
Download Collect smarter: Take complete control of your entire Direct Debit collection process to learn how to collect Direct Debits smarter, not harder.
"74% of finance professionals report that their organizations experienced attempted or actual payment fraud in 2016."
White PaperDirect Debit Management: Guide to Automating Direct Debits
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.
DatasheetBacs-approved Direct Debit Management from PT-X
Part of the PT-X Payments and Business Solutions Suite, PT-X 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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