Tuesday, December 11, 2012

The advantages of employing debit orders to collect cash from consumers

By Timmy Smart


Utilizing debit order collections to proactively get funds from your debtors obviously holds numerous advantages over awaiting them to get around to paying you.

Lets look at a number of the advantages of choosing debit orders to collect capital:

Enhance Income

Whenever you regulate when you debit your debtors banking accounts you gain control over your cashflow. Why wait on your debtors to make payment whenever they feel like it. Get paid when payment is due and achieve much more with your company.

Get rid of Cash Risk

Receiving cash is hazardous. Moving cash around and dealing with cash is expensive. Debit orders remove the need to handle cash as all debit order processes happen digitally.

Debit orders can be a more cost effective solution than any conventional method of acquiring and making payment. You and the debtors save. Cash and cheques are costly and hard to rely on. Credit card transactions are inundated with scams and overpriced merchant service fees. Move to a debit order solution and enjoy the benefits of simpler plus more cost-effective payments.

Far better Budget Planning

When using a direct debit service you trigger the instruction to debit your debtors bank-account. You realize when you will receive the money debited with complete confidence and can consequently budget and plan your costs better. Direct debit puts you in control.

Automate Debtors Process

The flexibility of the direct debit method enables effortless automation of the whole debtors process. Require payment, reconcile and take action.

You may elect to integrate the debit order service together with your already present application or accounting solution or use our payment system and billing system.

It's obvious that the usage of a direct debit method maintains lots of benefits over common and more expensive means of getting paid. Be in the driving seat right away and steer your organization to triumph with our debit order solutions.




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