BacscomIP Features

BacscomIP provides a fast and secure facility to transfer funds; to make Direct Credits or to collect Direct Debits.

BacscomIP can import payment details from a spreadsheet, a database or from payroll or accounting software.

BacscomIP validates the data using the Industry Sort Code Directory (ISCD) and Modulus Checking to ensure that the payment details conform to BACS specifications. Before transmission any input errors are clearly highlighted and easily corrected.

BacscomIP manages communications through the Internet or Extranet using BACSTEL-iP to access BACS Payment Services. BACSTEL-iP uses Internet Protocol, Public Key Infrastructure (PKI) and 128 bit encryption to ensure the data is secure during transmission.

The BacscomIP Update Manager automatically downloads the latest version of the ISCD when it becomes available.

BacscomIP in summary

Pay salaries, wages, supplier payments or any other payments by Direct Credit
Collect subscriptions, club fees or any other collections by Direct Debit
Simple User interface
BACS input reports available online
State of the Art security featuring 128 bit encryption
ISCD and Modulus information automatically checked
Imports files from many financial or accounting packages
Manual payment function
BACS Approved Solution Supplier