- Control cash flow
- Reduce admin costs
- Easy to change payments
- Non-payment notification within 24hrs
- Improve customers loyalty
More and more businesses are discovering the benefits of Direct Debit.
It's hardly surprising. Any company that has paying customers and wants to take control of cash flow whilst reducing its administration costs can benefit from the system.
It's easy to set up, cost effective to operate, and takes changes in payment levels and VAT alterations in its stride.
If a customer does miss a payment, your accounts department will receive an email within 24 hours of the bureau being notified so the problem can be delt with promptly. Re-presenting an unpaid Direct Debit has a high success rate.
Direct Debit also improves customer loyalty as most people simply prefer to keep paying automatically rather than look for a new supplier.
Customers can benefit from Direct Debit too. The system will help them with their cash flow and there's less paperwork to be dealt with and fewer cheques to be written.
The system's flexibility means they can spread their payments and the Direct Debit Guarantee reduces the risk of fraud enormously. It's extremely secure.
Is Direct Debit right for your business? Find out with our FREE consultation.