Many businesses are looking for ways to exceed customer expectations, improve processes, and eliminate paperwork. However, Direct Debit is often overlooked as any area where changes can be made that tick all of these boxes.
So what does it mean to implement Paperless Direct Debit?
There are two parts of the Direct Debit process that can be made paperless. However, these are often mistakenly considered as being one process.
- Firstly, a business needs to be an AUDDIS Service User. AUDDIS eliminates the paper trail between the collecting organisation and their bank.
- Secondly, paperless Direct Debit eliminates the paper trail between the collecting organisation and their customers.
How can each help?
Implementing AUDDIS for correspondence between your business and your bank helps you reduce administrative tasks and improve back-office processes.
- No need to send paper instructions to the bank via post.
- Set up new Direct Debits in days rather than weeks.
- Reduce failed payments with reports of errors allowing you to rectify any rejections before collections.
