The HandsFreeFinance portal from Bottomline Technologies delivers Bacs Bureau Payment solutions direct to users through the Internet. Partner organisations can now use the HandsFreeFinance portal to provide a fully branded Bacs service to their customers without the level of investment previously required and in a matter of weeks, not months.

Partner Organisations can benefit from;

• Additional payment margin and service revenue
• Low cost of entry to Bacs service provision
• Innovative market leading solution
• Fast time to market
• Deeper client relationships

The portal enables organisations to submit direct credit, direct debit and AUDDIS (electronic direct debit mandate) files direct to Bacs over the internet, through the Bottomline bureau.

The Bacs Payment Service from HandsFreeFinance.com is the first internet-based Bacs payment platform. It provides all the security and cost saving benefits of Bacs payments without requiring the installation and maintenance of additional software or changes to existing systems.

It’s a flexible, scalable service allowing organisations to create approval rules for different types of files and different users, edit instructions, and view details of files.

Key Features:

• Secure multi-user access 24 hours a day, 7 days a week
• Supports multiple Bacs SUNS, multiple files and all transaction types
• Submission by file or on-screen entry
• Dual authority for approving payments
• Administrative control of users, entitlements and limits

Key Benefits:

• Easy to use for payments and collections
• Saves time and money, all payment files are submitted online
• Same day credit / debit so no loss of interest from float
• Provides sort code and account number validation for improved accuracy
• Seamless integration with existing accounting systems allows existing systems and infrastructure to be used keeping costs to a minimum.

For more information on HandsFreeFinance partner edition please contact us.