2017-03-29 00:00:00Payment ProcessingEnglishDiscover how employing direct debit payment services within your business could save you and your clients time and money.https://quickbooks.intuit.com/ca/resources/ca_qrc/uploads/2017/06/Female-accountant-at-office-desk-views-direct-debit-payment-services-on-dual-computer-monitors.jpghttps://quickbooks.intuit.com/ca/resources/payment-processing/save-time-money-using-direct-debit-services/Save Time and Money by Using Direct Debit Payment Services

Save Time and Money by Using Direct Debit Payment Services

0 min read

There are many ways to pay for the products you purchase. However, direct debit makes things easier on both your business and customers through the following benefits:

  • Reduce late payments: Your clients are human and will inevitably forget to make an on-time payment at some point. However with direct debit, late payments do not have to be an issue as payments are automatically made. For many businesses, direct debit has resulted in a reduction in debtor-tracking time.
  • Easy setup: Customers adore easy-to-use systems. A payment method that is hassle-free and easy to set up is a huge selling point for customers, and creating a direct debit account couldn’t be easier.
  • Save money: Employing direct debit within your business saves plenty of time and money. Passing these savings through to your clients can be an additional way to make direct debits a more appealing proposition.

References & Resources

Information may be abridged and therefore incomplete. This document/information does not constitute, and should not be considered a substitute for, legal or financial advice. Each financial situation is different, the advice provided is intended to be general. Please contact your financial or legal advisors for information specific to your situation.

Related Articles

Setup Your Legal Accounting Software to Save Time & Money

Legal accounting software is designed to allow your small law firm to…

Read more

How To Import & Track Expenses Automatically for Maximum Productivity

Manually entering business expenses and other data into your accounting software can…

Read more

Four Reasons Why Bookkeepers Are a Money Saver for Your Business

In the initial days of your business operation, you may have taken…

Read more