increasing efficiency and reducing costs for your business. Recently we have concentrated on the different electronic
payment options that your organisation can utilise in order to complete the purchase-to-pay process entirely electronically.
Through collaborations with various Payment Service Providers (PSP’s), Accountis supports a wide range of electronic
payment methods that allows your company to benefit from increased speed and efficiency at the payment stage of the EIPP
process.
In previous articles we had looked at how companies can gain from receiving payments using BACSTEL-IP and credit/debit
card payments through business partner, DataCash. In this article the focus is on how another electronic payment method,
Direct Debit (DD), also fits into the EIPP process as a convenient way of collecting recurring payments. We use the
example of Accountis, the EIPP service, and Accountis Direct Debit Collect, a Web based Direct Debit solution. We also
look at how firms can benefit from Direct Debit and Paperless Direct Debit (PDD).