Lets look into some of the benefits of using debit orders to collect funds:
When you control when you debit your debtors bank accounts you gain control over your cash flow. Why wait on your debtors to make payment when they feel like it. Get paid when payment is due and achieve more with your business.
Eliminate Cash Risk
Receiving cash is risky. Moving cash around and handling cash is expensive. Debit orders eliminate the need to deal with cash as all debit order processes take place electronically.
Reduce Bank Fees
Debit orders are a more cost effective solution than any traditional means of collecting and making payment. You and your debtors save. Cash and cheques are expensive and unreliable. Credit card transactions are plagued with fraud and expensive merchant fees. Switch to a debit order solution and enjoy the benefits of easier and more cost effective payments.
Better Budget Planning
When using a debit order service you initiate the instruction to debit your debtors bank account. You know when you will receive the funds debited with complete certainty and can therefore budget and plan your expenses better. Debit order places you in control.
Automate Debtors Process
You can choose to integrate the debit order service with your existing software or accounting solution or make use of our payment system and billing system.
If you wish to obtain the best debit order pricing or for more information please visit Direct Debit.
It's clear that the use of a debit order solution holds many benefits over traditional and more costly means of being paid. Get in the driving seat today and steer your business to success with our debit order solutions.
We absolutely agree with all these benefits! Debit Orders also have the following benefits we noticed you do not have listed and thought we might as well add to your list:
ReplyDelete-It saves you money (both the debtor and the business) due to some of the additional costs being removed from the equation such as when you make a payment with a credit card.
-It completely removes cash from the equation which in turn also removes the risk of carrying large amounts of money on you. This way you know for sure the money cannot go missing or get stolen.
-It is an automated process which means the system gets everything done for you. This saves you both time and management as you don't have to check the whole time.
-There is no setup fee which means no deposit needs to be made
-The debit order can be more personalized as clients get to choose which day suits THEM best for the payment to be made/taken off their account. This gives the client a feeling of assurance and trust.
These are also just a few we have picked up, but there are definitely more out there!
Than you for the read, we have certainly gained a few benefits from your list as well.
Hello Everybody,
ReplyDeleteMy name is Mrs Sharon Sim. I live in Singapore and i am a happy woman today? and i told my self that any lender that rescue my family from our poor situation, i will refer any person that is looking for loan to him, he gave me happiness to me and my family, i was in need of a loan of $250,000.00 to start my life all over as i am a single mother with 3 kids I met this honest and GOD fearing man loan lender that help me with a loan of $250,000.00 SG. Dollar, he is a GOD fearing man, if you are in need of loan and you will pay back the loan please contact him tell him that is Mrs Sharon, that refer you to him. contact Dr Purva Pius,via email:(urgentloan22@gmail.com) Thank you.
Hello Everybody,
ReplyDeleteMy name is Mrs Sharon Sim. I live in Singapore and i am a happy woman today? and i told my self that any lender that rescue my family from our poor situation, i will refer any person that is looking for loan to him, he gave me happiness to me and my family, i was in need of a loan of $250,000.00 to start my life all over as i am a single mother with 3 kids I met this honest and GOD fearing man loan lender that help me with a loan of $250,000.00 SG. Dollar, he is a GOD fearing man, if you are in need of loan and you will pay back the loan please contact him tell him that is Mrs Sharon, that refer you to him. contact Dr Purva Pius,via email:(urgentloan22@gmail.com) Thank you.