Reducing administration time
Paperless Direct Debit allows organisations to secure on the spot sales and it greatly reduces administration time.
Here are some benefits your can achieve through the use of Paperless Direct Debit:
- If customers sign up to Paperless Direct Debit at the point of sale you avoid much of the paperwork and postage often associated with setting up Direct Debits
- Modulus checking, which is a validation check of sort code and account number combinations, means you can make sure customers' account details are taken even more accurately at the point of sale, reducing administration problems later
- There's no need to wait for the customer to complete and return the Direct Debit Instruction so you can start making collections earlier (subject to the terms of advance notice)
- Telesales techniques can help increase sales conversions.