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Tuesday, 20 August 2013

Some Great Benefits Of Employing Debit Orders To Collect Funds From Consumers

By Steven Isaacs


Employing debit order collections to proactively get money from your customers undoubtedly has many benefits over waiting for them to get around to paying you.

Let us look into some of the advantages of using direct debits to acquire money:

Enhance Cash Flow

Whenever you regulate once you debit your debtors banking accounts you obtain control over your earnings. Why wait on your debtors to make payment whenever they feel like it. Get money when payment is due and achieve much more within your company.

Eliminate Cash Risk

Obtaining cash is high-risk. Moving cash around and handling cash is expensive. Debit orders get rid of the need to deal with cash as all debit order processes occur electronically.

Direct debits are really a less costly solution than any common method of collecting and making payment. You and your debtors save. Cash and cheques are costly and difficult to rely on. Credit card transactions are plagued with fraud and expensive merchant charges. Change to a debit order solution and enjoy the benefits of easier and more cost effective payments.

Much better Budget Planning

When using a debit order service you start the instruction to debit your debtors banking account. You understand when you will receive the capital debited with total assurance and can therefore budget and manage your expenditure better. Debit order places you in control.

Automate Debtors Process

The flexibility of the direct debit system permits effortless automation of the entire debtors process. Obtain payment, reconcile and take action.

You may choose to incorporate the direct debit service with your present software or accounting system or make use of our payment system and billing platform.

It's clear that the utilization of a direct debit method holds numerous advantages above standard and more costly means of being paid. Get in the driving seat right now and lead your company to success with these debit order options.




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