1.
 How will my customers feel about automated payments?
2.
 How safe or secure is an automatic payment?
3.

Will my customer still need to receive our company’s billing statement?
4.

How does the cost of an automatic payment compare to the costs of traditional billing methods?
5.

What are the additional benefits that I can expect by using automated payments in my business?
6.

I have decided to use automated payments in my business. How long will it take to get set up?
7.

What forms or automatic payment authorizations will I need? Does Automated Payment Systems (APS) provide these for me?
8.

When our automated payments have been processed by APS, how long does it take to get the funds deposited into our bank account?
9.

Our company is considering the use of automated payments, or we are already using automated payments, but with someone else.  Why should we consider changing over to APS?
10.

How does Automated Payment Systems compare to a “full service” collection company?
11.
 Will I have to purchase or lease any special equipment or software when I change to Automated Payment Systems?
 

Call Automated

Payment Systems

NOW

and watch

YOUR MONEY grow !

 
 

My customers aren’t paying as they agreed, and my billing system is costing me

too much! I’m changing to Automated Payment Systems!

 
1. How will my customers feel about automated payments?
All of your customers should appreciate the convenience. Each customer will benefit from the cost and time savings. Nearly every person who has a bank account or credit card already has one or more automatic payments that they have authorized. An automatic payment is convenient for payments such as a car loans, insurance premiums, service fees, membership dues, or any other recurring payment.
2. How safe or secure is an automatic payment?
The customer’s payment is fully protected under the bank regulations for automated payments. Automated payments are more secure than writing checks or manual payments. There are no checks or receipts to get lost or stolen resulting in unauthorized charges or identity theft.
3. Will my customer still need to receive our company’s billing statement?

The need for your business to send a statement may be eliminated. Your business name and/or a payment description will appear on the customer’s bank statement.
4. How does the cost of an automatic payment compare to the costs of traditional billing methods?

Most businesses estimate that the cost to send each customer statement is somewhere between five and ten dollars. This includes the costs of postage, paper, printing, computer, staff time, phone charges, bank deposits, delays in receiving payments, and all other office procedures. The cost of an automatic payment with APS is about one third the cost of a postage stamp. The choice is simple !
5. What are the additional benefits that I can expect by using automated payments in my business?

Automated payments can be a key factor in building a financially stable business. Once you see the advantages, you will be highly motivated to promote automated payments within your business.

  • Reduced Delinquencies — With traditional billing methods such as statements, coupon books, or “remember” payments, your company can experience high delinquencies. These are a result of customers paying their bill “when they get around to it.” When their bill is set up as an automatic payment, that bill gets paid on time, which means YOU get paid on time.
  • Continual Renewals — Automated payments will increase customer retention. Your customers do not have to make the decision to pay each month. Business revenues will continue to stay high even during times when income may be typically slow.
  • Improved Cash Flow — Imagine what your business would be like if every one of your customers payments was deposited in your bank account on the day it was due. Stop wasting valuable time and money and start collecting YOUR MONEY the smart way.
  6. I have decided to use automated payments in my business. How long will it take to get set up?  
 

Getting started with APS is easy. Most business can be set up and begin processing in less than 24 hours. The necessary forms can be downloaded from this web site and faxed to APS.

  
  7. What forms or automatic payment authorizations will I need? Does Automated Payment Systems (APS) provide these for me?  
 

APS will provide you with all the necessary forms and payment authorizations that you will need. These forms can be customized for your specific needs. If your business is already using automated payments and you have an existing payment authorization, you may continue to use yours, just as long as it contains the necessary information.

  
  8. When our automated payments have been processed by APS, how long does it take to get the funds deposited into our bank account?  
 

When APS processes a batch of automated payments for your company, those funds will be deposited into your businesses bank account the very next day.  Certain credit card transactions may take a couple of days longer. If any processing day falls on a weekend or holiday, those funds will be processed on the next banking day.

  
  9. Our company is considering the use of automated payments, or we are already using automated payments, but with someone else. Why should we consider changing over to APS?  
 

If any company wants to use automated payments in their business there are only 3 choices:

1. Apply and qualify under the strict credit requirements of a bank. Your company must purchase special software and undertake complete training program. Your company must do all of the data entry and processing. Your company will pay bank rates.

2. Use a retail third part processor and pay rates that are many times higher than bank rates.  (See Question 10) Some retail processors charge fees as high as 15% on the money that they collect.

3. Use Automated Payment Systems. Let APS do all of the data entry and processing, and you pay the much lower bank rates. Automated Payment Systems, has been processing automated payments since 1987. We specialize in electronic payment services. By utilizing APS’s many years of experience you will maximize your income and minimize your billing costs. The choice is simple!

  
  10. How does Automated Payment Systems compare to a “full service” collection company?  
 

If your company is considering using a “full service” collection company, there are several important facts that you should consider. Among other things, consider these:

1. In nearly all cases, the business that uses a “full service” collections company will pay service costs that are substantially higher than the costs that the business would incur to do those same services on their own.

2. Business owners feel that they give up much of the control over their customers accounts by turning them over to another company.

3. Business software programs are readily available for nearly all business types. Within the software will be all the necessary features you will need to easily manage your business and manage the customer accounts.

For a more complete comparison, please download form #12 from the Downloads page.

  
  11. Will I have to purchase or lease any special equipment or software when I change to Automated Payment Systems?  
  Absolutely not! This is another advantage when you choose Automated Payment Systems. Your business can have all the benefits associated with automated payments, without purchasing or leasing any special equipment or software. Whether your business uses a simple ledger card system or an advanced computer system, APS already has, or will customize a simple and efficient way to process your automated payments.  
 
 
 

 
 

Reduced Delinquencies • Reduced Billing Time and Costs

Improved Cash flow • Continual Renewals

Eliminate Employee and Customer Theft

Convenience • Reliability • Security

Enhance Your Company’s Image & Service

  
 

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