bacs
Integrated payment processing, driving direct debit collections and direct credit payments.
introducing the ALLinONE Bacs module
ALLinONE Bacs is a highly automated payment processing service that allows Lifecycle to set up and collect direct debits and direct credits on behalf of a client. As a fully authorised Bacs Bureau service, payments are collected from the end user and paid directly into the client’s bank without the use of a holding account, improving the efficiency of payment collections and cash flow, and reducing costs and risks for organisations.
better cash flow
Funds are credited directly to our client’s bank account, improving cash flow and providing transparency of payments processed.
reduced operating costs
Use of Bacs minimises onerous administration and compliance requirements.
reduced financial risk
Clients using the Direct Debit payment method are fully protected by the Direct Debit Guarantee.
product features
complete payment collections
ALLinONE Bacs can be deployed with credit card collection to provide a complete payment collection service, designed to meet any customer’s requirements.
branded communications
All notifications and communication to the end user are fully branded with the client’s details and their company name will appear on customers’ bank statements.
direct credits and indemnity claims
Following completion of the automated daily invoicing cycles, the bureau’s automated processes will send direct debit collection requests to Bacs. Indemnity claims will be processed.
ALLinONE Bacs is deployed as an optional module within the ALLinONE BSS suite. Clients are required to transfer or set up a SUN (Service User Number) with their preferred bank, and all payments processed via ALLinONE Bacs will be deposited straight into that account. Also available as a standalone Bacs Bureau service via the Mydd application.
download bss overviewrelated products
ALLinONE BSS is designed as a modular solution, making it flexible enough to suit any communication service provider (CSP) or digital service provider (DSP) requiring business process support. The individual modules below can be deployed separately or in multiple combinations to enhance and automate operational processes depending on your specific requirements.
billing platform
The ALLinONE eWarehouse module is a flexible and feature rich platform, facilitating the billing of complex and disparate products across a wide range of usage and subscription based services.
find out moremy account
Responsive, configurable self-care, the ALLinONE My Account module enables customers to quickly and easily access and manage their account.
find out morecustomer management portal
The ALLinONE MultiOrder module provides holistic management of all customer interactions, empowering customer care agents to deliver customer service excellence.
find out morebusiness intelligence
ALLinONE Business Intelligence is a powerful and flexible reporting module that enhances the competitive edge of your business.
find out moreETL
High capacity, automated, and auditable, the Extract, Transform and Load (ETL) module supports timely and accurate data processing.
find out morepartner platform
The ALLinONE Provisioning Portal module delivers integration to network operators, allowing automated SIM activation, suspension, termination, services, and porting.
find out moreBSS Solutions
Lifecycle’s ALLinONE BSS is a comprehensive suite of modules that support the end-to-end, back office operations of wholesale and retail telecoms providers and other subscription-based service enablers.
find out moreOCS Solutions
Lifecycle’s dynamic Online Charging System delivers real-time charging and associated control to manage financial risk and support growth.
find out moreget in touch with us
Find out more about how Lifecycle can help you accelerate your business growth and reach your goals.
insights
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