Collections
Rather than worry at the end of every month which clients will be paying on time and which clients you’ll have to be chasing for payment, why not use Business Bureau to take control of your cash flow. Our debit order collections facility is tailored to suit the urgency of the funds that need to be collected.
Business Bureau has a solution which enables more affordable electronic business transacting. The solution gives you a secure, quick and efficient way to transact.
We make it easy for any type of business to do collections from their clients at any of the registered banks in South Africa. You can conduct all your transactions with confidence in the integrity, security, confidentiality and authenticity of your system.
The collections of funds on behalf of a company or merchant via Debit Orders are only undertaken on the instruction and authorization of the client whose account is to be debited. We offer a two-day service. Thanks to our seamless interaction the setup and submit procedure of batches of debit order transactions are no longer a headache.
Collecting money is only half the battle most of the time, and reconciliation is the other half. Business Bureau provides comprehensive reporting to show you, not only how we reconciled your account, but which of your clients still owe you money, which ones have a positive trend in successful collections and much more. Additionally, all of our reports are provided in Excel format, which will allow you to create and manipulate your own reports.
We are confident that we can offer a bespoke solution to satisfy the business needs of customers operating in the COLLECTION space.