0 Replies Latest reply on Sep 9, 2015 9:05 AM by Megan Rieger

    Direct Debit for Utilities

    Visibility: Open to anyone

      Hello,

       

      We are looking to implement payment of utility invoices via direct debit to eliminate late fees and lost paper invoices.  Through this process, we have discovered many risks that generate an excessive amount of FTE's performing manual efforts to reconcile.  The direct debit process would be utilized across a large company with multiple divisions.  Our biggest risks come from reconciliation of accounts back to each division and validation of the debits being withdrawn.  Is anyone utilizing this process today within their company that would be willing to share how they've made it work without increasing headcount?

       

      Thanks in advance!