Make and collect payments using Bacs, Faster Payments, Direct Debit and Open Banking. Manage cash flow, invoices, remittances and protect your business from fraud.
Many small businesses struggle to tackle late payments and don't have the time and resources to chase customers whose payment is overdue.
Fuelling this is a significant slow payer ethic that often resides within an organisation’s customer network. It is no surprise therefore that many businesses, are turning to Direct Debits to automate their collection process and take control of when they get paid.
Implementing Direct Debits has never been easier for small businesses, and Bottomline opens up access to the Bacs Direct Debit scheme, so there are no barriers to stopping businesses create efficiencies and get paid on time, every time.
Within this fact sheet, you will learn the many reasons why you should collect by Direct Debit. The key benefits being:
Reduced admin costs
Fewer missed payments
Improved cash flow
Increased customer loyalty
Simply download the factsheet to find our how Bottomline can help you get set-up.
Learn how Bottomline PTX Managed Service allowed IHEEM to radically change how it managed the end to end Direct Debit lifecycle.
Financial management and cash flow sit near the top of all businesses day-to-day objectives and Direct Debits are a proven payment method that helps organisations to maintain a stable cash position. However, some small businesses can struggle to get bank sponsorship onto the Bacs Direct Debit scheme, making it difficult for them to take control of their payments.
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