What is a Bacs payment? Bacs payments are bank-to-bank transfers covering incoming payments from...
Interbacs - What’s next…?
Interbacs pride ourselves as being in the forefront when it comes to development; streamlining payment or collection processes, and we are always listening to our customer’s feedback when we are asked ‘do you also do this, or can you help us here?’
What do Interbacs actually do?
As a specialist Bacs approved solution provider, one area many of our clients instantly receive the benefits of our expertise is Direct Debit Management. Available to new and current InterPay customers we have the ability to create secure sign-up Web pages for you. These can then be linked to the DDMS database and feed collection data directly into your accounts package via an API. Ensuring minimum human contact and the account data is accurate and live through Interbacs’ account verification.
The DDMS database also manages the collection process for you, ensure you collect Direct Debits when you say you will, the right amount, and the correct period of time – efficiently – providing great customer service and freeing up staff processing time.
High-up on the list of Finance requirements is Process Automation – making life simpler and easier without compromising security. The in-house developers here at Interbacs are heavily focusing our next release of InterPay around even more automation.
What will this mean for you as a business?
It’ll mean your staff who currently do your bacs processes will find it quicker and easier than ever and have more time to focus on more important things. Slow, outdated software should be a thing of the past and we work tirelessly to ensure that our solutions only make life easier for you, not hold you back.
On top of the automation Interbacs are working on business and client correspondence from within our solutions. In upcoming updates, we hope to be able to give businesses invaluable insights as to whether clients are receiving notifications in regards to Direct Debit changes which will be essential information when chasing outstanding invoices.
Other areas for consideration are same day Faster Payments, SEPA payments, continuous Card collections and removing the need to sign Bacs files using the Smart Card and Reader. So please do get in touch if you have any suggestions for future updates or something you feel is missing from your Payment process.
Speak to one of our sales consultants today by calling 08444 127 180 or emailing firstname.lastname@example.org. They will then figure out what you need to get set up and tailor a package to your budget and requirements.