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Thursday, December 13, 2012

The many benefits of utilizing debit orders to collect money from buyers

By Timmy Smart


Utilising direct debit collections to proactively get money from your buyers clearly has many advantages over anticipating them to get around to paying you.

Lets check out some of the advantages of choosing debit orders to get money:

Increase Income

When you regulate once you debit your debtors bank accounts you receive control of your earnings. Why wait around on your debtors to make payment should they feel like it. Get paid when payment is due and achieve a lot more with your company.

Get rid of Cash Risk

Acquiring cash is hazardous. Transferring cash around together with dealing with cash is costly. Debit orders remove the need to handle cash as all debit order processes take place digitally.

Debit orders can be a more economical solution than any conventional method of collecting and making payment. You and your debtors save. Cash and cheques are very pricey and unreliable. Credit card transactions are inundated with fraud and high priced merchant fees. Switch to a direct debit solution and enjoy the advantages of easier and more cost effective payments.

Far better Budget Planning

When using a direct debit service you initiate the permission to debit your debtors banking account. You understand when you will receive the funds debited with total confidence and can therefore budget and plan your expenses better. Direct debit places you in control.

Automate Debtors Process

The flexibility of the direct debit system provides for effortless automation of the complete debtors process. Request payment, reconcile and take action.

You may decide to include the direct debit service together with your existing software or accounting solution or make use of our payment system and billing system.

It's clear that the utilization of a direct debit solution holds many advantages over traditional and more costly means of getting paid. Get in the driving seat right away and drive your company to triumph with our debit order remedies.




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