Use Acomba Pre-authorized Debit (PAD) and speed up the reception of customer payments.
By using pre-authorized debits for your customer accounts you:
Receive payments on a regular basis for better cash-flow management
Eliminate customer payment delays
Reduce the time your staff spends on administrative tasks, such as opening the mail, sorting payments, reconciling accounts, preparing deposits, dealing with financial institutions and entering data
Reduce operating costs associated with collection activities
Ensure customer loyalty by building long-term relationships
In addition to improving your company's accounts receivable management, PAD also makes life easier for your customers by:
Reducing cheque preparation and postal costs
Ensuring that payments are on time, thus eliminating the risk of penalties
Giving them the choice of bank account from which to withdraw payments
Operation
Given written consent, Pre-authorized Debit (PAD) allows you to debit customers' accounts for regular payments and to deposit these amounts directly in your account. No more waiting for cheques to arrive in the mail! A pre-authorized debit can be defined for a single invoice or for the long-term payment of a customer's account. Acomba PAD allows Accounts Receivable users to generate a pre-authorized debit file and transfer it to the financial institution according to methods prescribed by the Payments Canada.
Detailed features
Preparation and electronic transmission of pre-authorized debit files for the transfer of funds from your customer's account into your own
Authorization and control procedures
Payment calendar management and payment history
Upcoming payments management
Fixed or variable amount pre-authorized debits
Printing of customer notices for variable-amount PAD agreements
Pre-authorized Debit
$45/month
$3375/month
First 12 months*
The promotional price is reserved exclusively for new subscribers and applies to the first 12 months of subscription.This promotion cannot be combined with any other offer or discount. Valid from January 15 until March 31, 2024.