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Improving Small Business Cash-Flow

Press release May 15, 2008 Business

Get Paid On Time

Eazy Collect Services Ltd.

Small to Medium sized businesses often suffer from cash-flow problems due to late cheque payments or unpaid Standing Orders that can go unnoticed for weeks.  To combat this, a new self-managed Direct Debit solution called EazyDD has been launched by Eazy Collect Services Limited.  This provides the ability to collect payments by Direct Debit, a scheme that is normally financially prohibitive for companies of this size.

The solution:

  • Gets payments on time
  • Simplifies Invoicing
  • Significantly reduces administration overheads
  • Notifies companies of payment issues immediately for prompt resolution 

Suitable for single person companies to Corporate organisations wishing to outsource, the Direct Debit scheme can make payment collection simple and timely where a company's products or services are billed on a regular basis.  A simple online interface or in-house office system allows companies to add Customers, amend payment terms and schedules and get instant reporting.  There are no costly accreditation costs and no software to install, allowing companies to offer Direct Debit as a payment option immediately.

Gardner Alarms director Colin Gardner MBE said "going through a long-winded direct debit approval process is only the first step to operating a direct debit scheme.   Once future operational costs, staff training, software fees and ongoing management were factored into the financial equation, fully outsourcing this area to Eazy Collect Services was the most logical decision".

About Eazy Collect Services Limited

Eazy Collect Services Limited was formed in 2002 to provide Payment Services to the Health Club industry which at the time was notorious for having bad debtors from its members.  The solution was to replace cash, cheque and Standing Order payments with a more robust Direct Debit solution.  With technological advances and a significant investment in improved infrastructure, Eazy Collect Services Ltd. now offers Direct Debit and Card Payment services to hundreds of companies across many industry sectors including Charities, Accountants, Health and Gym Clubs, Sports Clubs, Security, Telecoms and IT sectors.