Introducing Direct Debits into your organisation.

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Introducing Direct Debits into your organisation

Transcript of Introducing Direct Debits into your organisation.

Page 1: Introducing Direct Debits into your organisation.

Introducing Direct Debits into your

organisation

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About Direct Debit Limited

•The Global Payment Specialists

•Bacs affiliate partner

•Microsoft Gold partner

•16,000 users worldwide

•Over 20 years’ industry experience

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Our Solutions

•Consultation

•Bacs Accredited Direct Debit Scheme Training

•Software Solutions

•Bureau Services

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Our Customers

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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

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Standing Orders: Issues

• Resource Intensive

• Less control over payments

• Communication issues with supporters

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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!

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Direct Debit: The Benefits

•Take control of your payments

•Increase your cash flow

•Reduce costs

•Reduce administration

•Increase exposure

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Direct Debits: In Action

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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

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Questions?