Easily manage Direct Debit processes—from customer onboarding through payment collection and reporting—with maximum efficiency and minimal errors.
Direct Debit management can be a time-consuming manual process, taking up valuable staff time and even high costs when something goes wrong. Failed Direct Debit collections caused by incorrect payer details can significantly impact your business' cash flow.
As an enterprise solution, Direct Debit management is ideal for banks, corporations, and larger public sector organisations that need international and multi-role payment and collections management. Smaller organisations benefit from a complete end-to-end platform supporting multiple locations, users, and payment and collections methods. Bottomline's bank account validation and verification solution helps minimise errors, reduce fraud, and decrease costs. It also enables easy collection of Direct Debits on-time and in full compliance with Bacs scheme rules and best practice.