"SINCE IMPLEMENTING THE DIRECT DEBIT MANAGEMENT SYSTEM OUR BUSY FINANCE STAFF HAVE BENEFITTED IMMENSELY"Matt Blandford, Systems Accountant, Liverpool John Moores University
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DIRECT DEBITS MANAGEMENT SYSTEM (WEBDDS)
WPM Education's Direct Debit Management System is a versatile and cost effective option for any institution wishing to process Direct Debit payments efficiently. It enables users to easily select, enter and amend their own payment details.
DIRECT DEBIT PROCESSES ARE CENTRALISED AND STREAMLINED
The Direct Debit Management System (WEBDDS) is a viable alternative to the traditional time-intensive and onerous collection and management of Direct Debit payments. The system not only enables you to take full control but also ensures that your university/college collects payments on time whilst significantly reducing the time consuming administration tasks involved. It turns Direct Debit payments into a simple, streamlined and largely automated process, reducing staff administration while exceeding user expectations.
SPEEDS UP PROCESSES
The system populates student details and address data as well as the export of payment information to your internal systems. The system automatically generates both electronic email and printed correspondence, reducing staff administration overheads while providing a higher level of customer service. The system is fully compliant with the BACSTEL-IP application protocol. BACSTEL-IP delivers fast payment confirmation, the highest levels of security, on-line access to reports and faster transmission speeds.
SECURE WEB-BASED APPLICATION
The system is completely web-based and can be accessed from any location, by any device connected to the internet and comes with WPM Education's industry leading SLA which delivers consistent service and reliability. Additionally, the system allows an institution to manage the set up, collection and management of Direct Debit payments via a secure, web-based application, significantly reducing the risk of any unauthorised access.
NO HARDWARE OR SOFTWARE REQUIRED
There is no hardware or software needed to start using the system and there is no physical installation required due to the system being completely web-based.
INTEGRATED SORT CODE VALIDATION - IMPROVING DATA ACCURACY
The system comes with integrated sort code validation and modulas checking on bank/building society account numbers which is based on the latest industry data.
POSTCODE LOOKUP - REMOVING INCORRECT ADDRESS DATA
WEBDDS provides optional integration of PAF (Postal Address File) data to allow customers and administrators alike to make use of postcode lookup and validation processes. This allows time to be saved when entering addresses as well as ensuring less ongoing administration related to incorrect address data. The system also supports multiple addresses per user, e.g. a term time and home address or multiple contacts.
NO LIMITATIONS ON THE TYPES OF PAYMENT USED
There is no limitation on the types of payment the system can cater for. The system provides the ability to specify different collection logic for each type of payment plan. Additionally, the system not only enables you to specify the exact date and the amount to be taken but you can also specify recurring plans to take payment every "x" amount of time. Even more, the system supports Direct Credits which can be used to make payments to suppliers and staff.
Working on the basis that one size does not fit all, various categories can be created to suit different collection types, e.g. "tuition fees", "accommodation fees" and "donations". Each category can have its own notice period, correspondence and interface settings. Changes to collection dates and amounts can then be made to each individual instruction, while still allowing bulk updates based on user-definable criteria.
IMPRESSIVE REPORTING TOOLS
Gain a transparent view of payments with powerful reporting tools. Produce a wide range of in-depth statistical reports while keeping track of user actions and trace problems as and when they arise.
FULL TRAINING AND ONGOING SPECIALIST SUPPORT
Once implemented, we provide our clients with peace of mind that help is always available via a Service Desk for specified personnel.