Using direct debit collections to proactively get money from your customers clearly has many benefits over expecting them to get through to paying you.
Let us look at a number of the advantages of choosing direct debits to acquire capital:
Once you manage when you debit your debtors banking accounts you obtain control over your cashflow. Why wait around on your debtors to make payment should they feel like it. Get paid when payment is due and achieve more within your company.
Reduce Cash Risk
Collecting cash is hazardous. Moving cash around and working with cash is expensive. Debit orders take away the need to work with cash as all debit order operations happen electronically.
Debit orders can be a more economical solution than any traditional way of acquiring and making payment. You and your debtors save. Cash and cheques are very pricey and difficult to rely on. Credit card transactions are plagued with scams and expensive merchant charges. Change to a direct debit solution and relish the advantages of less complicated and more cost effective payments.
Improved Budget Planning
When using a debit order service you trigger the permission to debit your debtors banking account. You realize when you will receive the money debited with complete assurance and can subsequently budget and manage your costs better. Direct debit puts you in control.
Automate Debtors Process
The flexibility of the direct debit method provides for simple automation of the complete debtors process. Request payment, reconcile and take action.
You could opt to include the direct debit service with your already present computer software or accounting solution or make use of our payment system and billing system.
It’s clear that the usage of a direct debit system holds many benefits over typical and more expensive methods of being paid. Get in the driving seat right away and drive your small business to victory with these direct debit remedies.
There are many benefits to using debit order collection to collect funds from debtors. Steven Isaacs believes you should start using NAEDO in your business and improve your cash flow today.