AzTech BACS-IP
AzTech BACS-IP is an online electronic payment and collection solution which caters to virtually all payment applications and can act as a replacement for traditional paper-based methods of transferring funds, thereby saving you time and money.
AzTech BACS has over 8,000 users from The Times Top 1000 companies, including Britain’s leading banks, Government departments, utilities companies, public service providers and a range of businesses, large and small, throughout the whole of Britain. It is now one of the top 3 most used direct debit and direct credit software systems in the UK. AzTech BACS-IP can cater for a wide variety of different online payment applications:
Payroll:
- Monthly salaries.
- Weekly wages.
- Bonus payments & expenses.
Direct Debit:
- Insurance Payments.
- Subscription Charges.
- Bill Collection.
- Membership Fees.
Direct Credit:
- PAYE Contributions.
- Pensions.
- Insurance Settlements.
- Refunds.
- Supplier Payments.
AzTech BACS-IP for Windows Features:
Error Checking:
- Account and sort code validation.
- Transaction amount limits.
- Submission checks.
- Duplication checks.
- Payment confirmation in 3-4 hours.
Full Audit Facility:
- All transactions & submissions.
- Audit trails and internal reports produced automatically.
- Payment history is accessible online.
- Operations reports & progress reports are available.
Online Payment System Security:
- Fully encrypted.
- Password protection.
- Supervisory level access.
- Fully configuarable security access.
- PKI & Smart Card Technology.
Calendar Scheduling:
- Allows for Bank Holidays.
- Forward date submissions up to 30 days in advance.
- Match banking dates.
- Files can be submitted at any time from 7am Monday to 10:30pm Friday.
EU Compliancy:
- Euro – currency support.
Support:
- Full support available 9am – 9pm.
- Disaster Recovery is included as standard.
