Fully approved by Bacs, this is the leading Bacstel-IP and Direct Debit collection solution.
With seamless and easy integration with back office systems, WinBacs is a payments management suite that frees up your time, reduces your risk and exposure to fraud, and rapidly optimises your purchase to pay and order to cash cycles.
WinBacs interfaces directly with your accounts system to allow your organisation to make payments and collections electronically via Bacs.
It takes the appropriate files and automatically templates payment or collection information into the format required.
It then authorises the transaction through secure, password-controlled screens and then efficiently and securely handles all Bacs transmission requirements, including the receipt of online acceptance advices. Finally, the system processes your payments and collections within the usual three-day cycle
Key benefits
Reduced cost of payment processing
Full Bacstel-IP functionality
Recommended by the UK’s leading high street banks
Approved by Bacs
Total control over all your payments, enabling easier legislation compliance and reducing your exposure to fraud
Exploit payment and collection facilities such as: