Rapidata’s services for utility companies provide cost-effective outsourced solutions for all your direct debit management, processing and reporting.
We’ll handle paper based direct debit instructions, and provide you with an option to accept paperless direct debit set-up via your own website. You or your customers can specify regular weekly, monthly, quarterly or annual payments, and specify fixed or variable amounts. Comprehensive reporting and custom formatted data files provide the status of all direct debits claimed or cancelled within each collection period, and enable you to send appropriate reminders or follow up communications.
Encouraging your consumers or businesses to pay by direct debit means you spend less time reconciling and banking cheques or chasing late payments. Your customers benefit from peace of mind knowing their bills are being paid automatically and via a secure system, and you benefit from being able to forecast your cash flow with much greater accuracy.
To ensure you get the very best from our services, all Rapidata clients have a dedicated Account Manager. Your account manager works with you to understand your needs, present ideas, and oversee the setup and ongoing management of all services. We take a flexible approach and tailor our solutions to suit you, so you can outsource as much or as little as you need. For example, you can opt for transaction processing with or without full database management, use our fulfilment services with data provided by you or by us, or simply take a data feed from us and fulfil using your own in-house facilities.
Rapidata Services Plc is a BACS Affiliate and a BACS Approved Bureau. Find out what this means