Bacs Software
SmarterPay Cloud is a Bacs Approved software that enables organisations to submit both Direct Credits & Debits via Bacs.
As a consolidated payments platform, it allows you to submit supplier payments and payroll as well as collections, with the ability to also manage your Direct Debits and sign-up if required, all from one place.
> SMARTERPAY CLOUD – THE SOLUTION
SmarterPay Cloud – The Solution
With SmarterPay Cloud, you can submit your files in a range of file types, for both Direct Debits and Credits. Through using SmarterPay for submission, we eliminate the need for smartcards and card readers as well as any maintenance of your software, giving you back your time to spend on business-critical tasks.
- Direct Debit Set Up
- Mandates creation and branded notifications
- Modulus checking for Bank detail and processing date validation
- Automated New Instruction Set up
- Payment Plan Scheduling
- Option to include card payments
- Automated Bacs Submissions
- Transaction level integration options
- Resubmission protocols
- Auto account updates
- Cancellations
Solution Benefits
Reduce Your Costs
The safest and cheapest way to make business payments. Paperless Direct Debits and Credits ensure administrative costs are kept to a minimum.
Increased Efficiency
Achieve increased efficiency in your Direct Debit processes by having all your transactions occur in one place. Our DDMS reduces time consuming reconciliation tasks and ensures payment data is collected without manual intervention and human error.
Reduced Rejections
All direct debit sort code and account data are validated against the UK Industry Sort Code Directory (ISCD) to prevent rejections and ensure collection accuracy.
Solution Features
Direct Debit and Credit
End-to-end creation, management and processing of Direct Debits and Direct Credits.
Automated Alerts
Branded mandates and notifications for you and your customers
Modulus Checker
Automatic validation of sort codes and bank account details.
Direct Funds
Funds transferred directly into or from your account with no third-party bank account involved.
Transaction Visibility
Customer level transaction history tracked and recorded.
Cloud or On Premise
Available as a fully hosted and managed cloud-based service or as an on premise solution supporting direct submissions.
Card Payment Processing
Our platform includes a card payment processing module that allows you to connect to your preferred payment gateway. Additionally it can be driven by payment schedules for recurring card payment processing or single collection instructions originating within your CRM, accounting system or billing platform. This allows you to manage, process payments and reconcile transactions all in one place.
Through our partnership with Opayo Elavon we can extend an offer to connect to our standard integrated payment gateway.
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SmarterPay Limited
Utility House
32-36 Prospect Street
Kingston Upon Hull
East Riding of Yorkshire
HU2 8PX
