Introducing Direct Debits into your organisation.
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Transcript of Introducing Direct Debits into your organisation.
Introducing Direct Debits into your
organisation
About Direct Debit Limited
•The Global Payment Specialists
•Bacs affiliate partner
•Microsoft Gold partner
•16,000 users worldwide
•Over 20 years’ industry experience
Our Solutions
•Consultation
•Bacs Accredited Direct Debit Scheme Training
•Software Solutions
•Bureau Services
Our Customers
A Typical Standing Order Scenario
• Hospice agrees pledge
• SO mandate filled out at branch
• Reminder sent
• Supporter has to be directed to branch
• SO payment arrives with no reference
• Follow up via phone/email
• SO payment is identified through manual activity
• Payment date or amount changes
Standing Orders: Issues
• Resource Intensive
• Less control over payments
• Communication issues with supporters
With Direct Debit You Can
• Take paperless payments online/phone
• Check details at point of sign up
• Adjust payment plans to suit everyone
• Give supporters a flexible and more convenient payment method
• Stop chasing payments, let them come to you!
Direct Debit: The Benefits
•Take control of your payments
•Increase your cash flow
•Reduce costs
•Reduce administration
•Increase exposure
Direct Debits: In Action
Case Study: St Barnabas Hospices
Situation: •Increase regular giving•Take control of payment collections•Reduce administration
Solution:•Started collecting by Direct Debit•Implemented Direct Debit expert™
Benefits:•Increased efficiency of finance team•Ensured compliance with Bacs regulations•Simplified management of Direct Debit collections
Questions?