Parts Payment provides a simple and easy way to collect payments from your trade customers via Direct Debit. For most Franchised Dealers and Parts Distributors, collecting payment from trade customers is both time consuming and expensive. With Direct Debit you collect the payment on the terms you’ve given to the customer. Sending statments and chasing by phone for payment will be a thing of the past.
Getting Direct Debit status from the bank is hard work and expensive when you’re only transacting a relatively small number of times a month. The Parts Payment software aggregates the collections from businesses, so it’s cost effective. Our bespoke motor trade platform makes it easy for trade customers to sign up to pay this way.
Payment can be collected either for each parts or service invoice raised or if you prefer you can import your customer statements produced at the end of each month. Collecting a payment from a trade customer takes a few key strokes. If your export file has been produced from your Dealer Management or Accounting System, it takes under five minutes to set up a direct debit collection for all your customers. Once set up, no further intervention is required as all the details of the collection are emailed to the customer.
Our experienced Account Management Team provide excellent training and support on setting up your Parts Payment Service. Your current database of account customers will be imported straight from your DMS into Parts Payment. This makes it quick and easy for you to invite existing customers to pay you via DD.
Having your account customers pay by Direct Debit will not only save your accounts team time on chasing late payments, account reconciliation and banking cheques, but it also will also save your business money.
You can login into Parts Payment by clicking the following link: