If you’re new to the world of Bacs payments, this beginner’s guide will provide you with a solid foundation to get started. A refresh on what Bacs is Bacs, which stands for Bankers’ Automated Clearing Services, is one of the most popular and widely used payment methods in the UK. Bacs… Continue reading Beginner’s guide to starting with Bacs payments
Cloud computing has revolutionized the way businesses operate, streamlining processes and delivering innovation across many sectors. Finance departments, often seen as the backbone of an organization, are also embracing the cloud with open arms. What is the cloud? The term “cloud” relates to cloud computing – a way of offering different… Continue reading 7 Benefits of finance departments moving to the cloud
Payroll service providers play a crucial role in ensuring accurate payroll payments. To streamline operations and enhance customer satisfaction, many providers are implementing Bacs processing into their payment processing. In this blog, we will explore the benefits of implementing Bacs processing into your payroll system, and how to add Bacs processing to your payroll. … Continue reading A guide to adding Bacs processing for payroll providers
As businesses evolve and technology advances, there may come a time when switching your Bacs software provider becomes necessary. Begin by assessing your current Bacs software and identifying the pain points with your current solution. Consider factors such as functionality, customer support or security. This will help you define your requirements and ensure that… Continue reading A Guide to choosing a Bacs software solution
Whether you’re a small, medium or large sized business, efficient Bacs payment processing is essential for a smooth cash flow. If your business wants to start processing Bacs payments for the first time, or already has a Bacs solution in place, this guide will answer the most common questions about Bacs and Bacs payments… Continue reading Bacs processing guide for businesses
Contingency planning is essential for every business. Also referred to as business continuity planning, it ensures you’re prepared for unexpected events that could cause operational problems for your business, or even disable it completely.
Many organisations will be looking at their business processes and solutions to see how they can improve in 2021
It’s true that almost every business needs to process payments via the Bacs service, but equally every business is unique and has specific requirements to fit their own processes, security policies and budget.
With SHA-1 security deadline approaching, how could your business benefit from HSM as-a-service?
We take a look at the most commonly asked questions around Bacs and Bacs payments to help you get started…