iSAMS Auto Debits: A comprehensive Direct Debit solution for fee paying schools
iSAMS is pleased to announce the launch of its groundbreaking Auto Debits product. This innovative solution will, for the first time, provide full Direct Debit capabilities directly within the iSAMS system, enhancing our existing offerings within the Fee Billing module.
This feature enables iSAMS to facilitate Direct Debit payment collections directly within its platform, introducing a suite of new functionality designed to streamline processes, significantly enhance operational efficiency for schools and provide a secure fee payment method for parents.
The iSAMS Auto Debits solution enables schools to enhance their existing efficiency or implement Direct Debits for the first time, optimising the management of school fee collections. Notable features of iSAMS Auto Debits include:
- Online or telephone mandate signup process for collection authorisation.
- Implement automated Know Your Customer (KYC) checks to ensure the accuracy of input details.
- Generate and submit AUDDIS upon completion of mandate signup forms.
- Directly manage problematic mandates within iSAMS, including handling cancellations or rejected AUDDIS submissions.
- Submit due collections manually or automatically, with real-time status updates on collection outcomes.
- Gain comprehensive visibility of all collections, including paid, unpaid, pending, and due statuses, with direct access to review BACS output files within iSAMS.
- Automatically transmit receipts to iFinance for invoice logging and reduction of payor account balances.
By integrating mandate signup and receipting within iSAMS, schools will experience significant efficiency gains. The new Auto Debits functionality will be seamlessly managed through the iSAMS Fee Billing module, maintaining our user-friendly and intuitive interface.
Direct Debits enable schools to arrange payments according to a schedule that suits their financial planning, reduce missed payments, minimise friction for parents, and offer a smooth and secure payment experience. Auto Debits empowers school management to prioritise data and payment security, with regular automated collections rather than manual payment requests or invoices.
A simple fee payment process for the school and parents.
If you’re an iSAMS school and would like to know more, please get in touch with your Customer Account Manager. Alternatively, you can get in touch here.
Please note: This feature is only available for UK schools.