house automation
Automatic payment is an excellent way to Collect Your Receivables
Every day, companies around the country are realizing the benefits of automated payments. There are literally billions of electronic payments are processed each year through the ACH (Automated Clearing House) system. Since 1974 this network nationally has companies and agencies of government with a faster, cheaper way to move money.
In the same way that technology has had an impact on the way in which we live and work, so it has changed the way we make payments. Increasingly, we are choosing to use automatic payments in lieu of paper-based payments as checks and money orders.
In 2004 there were a record 4.8 billion automated payments (4.5 million dollars to be processed by BACS). 93% automatic payments are larger operations generated by organizations and companies both large and small, and are: direct debits, used mainly to pay utility bills, life and general insurance premiums and various subscriptions, direct credits, used mainly for salary payments, pensions, annuities and child benefit.
The remaining 7% consists of things the bank and telephone banking payments online and standing order payments.
Even with the best intentions, some customers have difficulty making every monthly payment to your office on time. You can continue to spend a small fortune on sophisticated billing and collection systems, or can switch to one of the fastest growing methods for receiving monthly payments from their customers.
With proper authorization, you can collect the money from their customers on a business day, no matter where they bank in the U.S. (given the availability of funds). Has been forever are the days of processing payments manually. You will not expect a check in the mail. Do not print more articles of paper processing. No time, money or administrative power dedicated to doing things the "old way". And no more excuses for delay in payments.
These systems also include the use of electronic check recovery. If you return a check or pre-authorized payment for lack of sufficient funds, the transaction automatically return occur. This is not only the ability to save time and money you and your customer saves the embarrassment of collecting the articles of the NSF.
Virtually any business can benefit from electronic payments, including health clubs, security companies in the home, Internet service providers, companies leasing, insurance companies, Internet retailers, wholesale distributors, catalog companies, collection agencies, phone companies, City public services and many others. Your company is no exception.
What are the advantages of automated electronic payments?
Funds timely liquidation of
Less expensive than mailing invoices
Optimize your Billing Department
Built-in Recovery of NSF items
No charge for bad check
Reliable cash flow
Custom payment system tailored to your business
Internet Payment Solutions
Ability to Take Checks By Phone
Direct deposit of payroll
Software available
No fee for special equipment
No customer is too small
Imagine a future where all payments are automated ... Companies simply collect the money owed to them electronically charged to their customers bank account ... Welcome the future.
"Automated payments improves cash flow, eliminating the time lag between billing and payment, and saves the invoice. Also spares customers the hassle of writing and sending checks. There was a 100% increase in the number of checks cut since 1992 due to growth in small-biz ... "
Business Week Enterprise / June 22, 1998
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US $80.00
 MTH Mikes Train House Non automated flagpole 248 US $15.75 |
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