Make SEPA direct debit migration easy
SEPA Direct Debit Migration and Management Service
- Start collecting SEPA payments in just a few days
- Adopt SEPA seamlessly
- Minimise the cost of your SEPA project
The introduction of SEPA Direct Debit (SDD) inevitably requires changes to be made to the processes involved in making and collecting payments. These changes can represent a significant drain on your internal resources both in terms of time and money.
The SEPA Migration and Management Service from Sentenial shields your existing systems and procedures from the changes required making the move to SEPA straightforward and cost effective. As a complete, hosted solution, Sentenial's SEPA Migration and Management Service will allow you to adopt SEPA quickly and easily, minimising the potential cost and disruption your business would otherwise experience.
Product modules
Mandate migration
- Conversion of existing data to SEPA standards including BIC/IBAN conversion
- Automatic customer notification of conversion of data to SEPA
- Scanning, dematerialisation and archival of mandates
Mandate management
- Mandate details generated from electronically provided data
- Manual entry of debtor details onto a mandate
- 'New mandate pack' printed and posted to debtor
- Signed mandate scanned and dematerialised
Transaction Management
- Support for legacy communications standards and file formats
- Data conversion and enrichment using mandate database
- Automatic notification and re-presentation of failed collections
SEPA Credit Transfers (SCT)
- Initiate and view progress of Credit Transfers
- Full payment overview with recall function
- Delivery of SEPA format to the user’s bank
- Rapid deployment with Software as a Service approach