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Direct Debit Management: Guide to Automating Direct Debits

Automated Direct Debit management enables businesses to know exactly where they stand with regards to getting paid for the products and services they sell.

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
  • Certainty and control over payments, allowing for improved cash forecasting
  • Simple reconciliation by exception, with only errors and non-payments returned
  • A more efficient payer management system, with amendments to customer’s bank details informed electronically.

Direct Debits are a familiar and widely-trusted method for paying regular bills, and forward-looking businesses should be considering and implementing payment methods that follow the trends of consumers.

Download The business case for changing your Direct Debit management to help you build a roadmap for meeting these trends.

"If anything doesn't happen correctly, Bottomline's PT-X tells us so we can have a look at why and then fix it. I just feel more confident with PT-X."
Kerris, Account Manager, Kids Allowed

Cash is the lifeblood of any organisation. Whether you need to pay or collect, there’s an easy way to do both with PT-X.

Continuing Content

Datasheet

Bacs-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.

Customer Success Story

Global Processing Services leverage cloud Bacs payments

One of the main problems in the prepaid industry remains the ability to easily move money from A to B in a professional and timely manner.

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