
Payments & Collections
Payments & Collections
We work with you to ensure that payments to your suppliers or employees and collections – such as Direct Debits from customers – are prompt and accurate. We apply meticulous attention to detail in every aspect of this service.
Our wealth of experience in this vital field, proven over many years, can meet the needs of your business.
Our specialist Bacs-approved bureau provides extensive payments and collections reporting, delivering an essential service which fulfils our wide-ranging clients' needs.
Download our payments & collections service overview here
Our payment and collection services include:
Payment services
- Bacs Bureau file processing of Direct Credits
- Three day Bacs payments and same-day Faster Payments - scheduled/ad hoc
- Bank account verification with error/fraud prevention process, plus exception reporting
- Flexible file handling from rekeying to CSV and flat file to full cloud integration
- Contingency services for direct submitters
Managed services
- Comprehensive bespoke Direct Debit service from customer advice to periodic reconciliation
- Integration with cash flow management to create optimal and efficient use of available funds and facilities
Collection services
- Scheduled processing of Direct Debits (subscriptions, membership fees, debts, rent etc)
- Web-based paperless Direct Debit solution with client site integration and customer verification
- Rejected Direct Debit handling and resubmission
- Bank account verification with error/fraud prevention process, plus exception reporting
- Flexible file handling from rekeying to CSV and flat file to full cloud integration
- Contingency services for direct submitters
Reporting and integration services
- Handling of Bacs reports (AWACS, ADDACS, ARUDD, etc)
- Integration with customer CRM systems
- Revenue reconciliation
- Exception handling
Other related services
Locations offering Payments & Collections
For location specific information on this service choose a location below
Not sure which Equiom office is right for your needs? Speak to one of our experts
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With every business that we look at and every team we bring in, we ask “how does that enhance the experience for our clients?
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