What is iBACS™?
iBACS™ is a Bacs-approved software package that submits instructions to Bacs over the Bacstel-IP channel.
What is iBACS™ used for?
Processing Direct Debits and Direct Credits, such as payroll, supplier payments, and expenses.
Who should use iBACS™?
Organisations that want to use Bacs' services.
What does iBACS™ do?
- Lets you set user privileges and authorisation limits
- Imports data from other systems
- Validates account details and sort codes in real time
- Submits instructions securely to Bacs
- Exports payments reports in a variety of formats, such as PDF, Microsoft Word and Excel files and XML
What benefits will iBACS™ bring my organisation?
Simplifies payments processes
iBACS™ makes it easy to process payments with its familiar right-click features and user-friendly interface.
Reduces the number of unpaid Direct Debits
iBACS™ validates bank account details and sort codes as your employees enter them, which ensures you submit the correct information to Bacs which reduces instances of operator error.
Reduces manual processes
iBACS™ saves your employees time and effort by automating many payments processes.
Fits with your organisation's business processes
iBACS™ adapts to your organisation's needs; it's available as standalone software or as a networked or multi-user system.
Protects your IT invesent
iBACS™ integrates with legacy systems and accepts imports from other data sources, which means that you don't need to reconfigure your processes and IT systems.
