Automation of month-end debit orders
Many businesses are looking for services that complement the debit order collection process and make their lives a whole lot easier, especially when it comes to month-end billing.
Integrations with different systems and processes will enable the user to automate the entire process from invoicing to the reconciliation of payments for each debtor.
Clients that are registered with the NCR are able to use our user-friendly credit checking system where they will be able to determine what the credit score of each of their customers are. They are also able to use our account holder verification service to determine if the client provided the correct banking details, whether the bank account has been open for more than three (3) months and if the account accepts debits and credits.
Our clients will have the ability to use the first ever electronic mandate solution in South Africa, where customers are able to sign the debit order mandates digitally to give the company permission to debit their accounts. The mandate is then stored in PDF file and sent to both the user as well as their customer.
Direct Debit provides clients with a direct debit order facility at the bank, where the user’s clients can see which company is debiting their accounts and will be able to contact the specific company directly if they have any queries regarding debit orders that went off their account. We cut out the middleman.
Our debit order collection system is also fully integrated with an online invoicing and billing system called SnapBill, where you are able to automate the sending of a fully customisable invoice, add customers to the specific month’s debit order run and as soon as the results of the debit order transactions are returned, the system automatically marks the client as paid, unpaid or suspends the account if a client disputes the transaction.
After the debit orders were processed and reconciled, the system allows you to send out updated monthly statements as well as past due warnings should your clients have failed to make payment.
The automation of the entire billing process will save businesses considerable time and money. Our integrated systems are very easy to use, affordable and fully automated.
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