5 min read
5 benefits of cloud-integrated direct debit
Cloud technologies have come to the fore in recent years. By moving software out of the office and hosting it from one location, there are some great benefits for a business.
So much so, in fact, that Gartner have repeatedly featured cloud software as a technology trend set for further adoption in 2015. Part of what Gartner predicts in this new year is that software as a service (SaaS) will continue to offer users more tailor-made, industry-specific solutions for businesses.
For example, direct debit is a specialised service, offering organisations of any size a product that allows closer customer relationships, while reducing late payments and providing more powerful management tools.
Cloud-based direct debit does all this and more – and it is this cloud-based offering you will find from Ezidebit.
So, what are the benefits that you will find in your new cloud-integrated payment solution? Here are five advantages you can start leveraging today.
One of the most obvious benefits of direct debit software hosted in the cloud is its versatility. Users will not need to install memory-consuming software onto their computers; instead, all management can be performed through a standard web browser.
This also means users are not limited to accessing the software in their office or on a certain computer. In fact, you can log into your account using any desktop or laptop device with an internet connection, allowing you to view and manage payment information from practically anywhere.
With such agility, there will be no blind-spots in your company's payment structure, and any issues that may arise can be dealt with as soon as possible.
Another benefit of cloud software is that your organisation will not need to invest in expensive hardware.
The computing power needed to handle large amounts of data is all managed away from your business, meaning upgrade costs are not a concern for the individual organisation.
If you find that business improves dramatically at certain times of the year, a cloud-based direct debit platform will scale to meet demand. This means no worrying about under-resourced servers that can't manage enough data and more time focusing on making your customer base grow.
As well as dramatically reducing the cost of hardware purchases, there is also the advantage that comes with cloud infrastructure maintenance. Cloud infrastructure is serviced and maintained by experts, meaning a company can save money on hiring their own in-house IT staff. Maintenance costs are shared across many businesses.
All upgrades will be handled off site to limit downtime and ensure the hardware needed to run your direct debit software is constantly up to scratch.
Another advantage of allowing cloud software professionals to maintain this software is increased security.
While your computer will need the standard anti-virus precautions that make everyday use a little bit safer, your business will not have to spend huge swathes of cash on expensive security measures needed to protect your software from outside attack.
The importance of this should not be understated: Cyber breaches not only cost businesses large amounts of money to repair but mismanaging customer information can be one of the most damaging security threats in terms of customer loyalty.
Both cost and time-effective
By reducing both wage costs and technology implementation costs, SaaS direct debit saves a business significant amounts of money. Electricity costs will also fall for a company that moves power-hungry processes off premise.
What's more, a cloud-based direct debit platform will save you and your employees time by integrating with other widely-used business resources.
For example, your current accounting software may also run through the cloud. If your business works regularly with Xero, or other industry-specific management tools, your Ezidebit software comes ready to synchronise with these everyday programs.
Are you ready to reap the rewards of cloud-based payment management?