December 2018 - DFC: Revenue Management Solutions Provider and DD Collection

UK small businesses face a bill of £6.7bn in late payment collections

Annual research by Bacs has shown that small businesses in the UK are facing a £6.7bn bill to collect late payments. This narrows down to a hefty £9,000 worth of costs per business – money that will be used to recover overdue payments. It’s a figure that’s more than doubled since 2017. Amongst its latest […]

December 2018 - DFC: Revenue Management Solutions Provider and DD Collection

Bacs processing calendar 2019

Bacs have released their processing calendar for 2019, giving organisations the info they need to plan Direct Debit transactions around holiday periods. The greyed-out boxes show the non-input and non-processing days. On these days, Direct Debits won’t be processed, so you will need to allow more time for Direct Debit transactions or organise your Direct […]