Logica Mandate Management Business Case

“By simplifying and streamlining the payments process, SDD can allow large corporations to enjoy significant efficiency benefits. More importantly, the regulation presents an opportunity for corporates to implement a truly strategic approach to cash management, which can make a major, positive contribution to their bottom line. As such, SDD is getting our corporate clients’ attention.” Nigel Spooner, Global Head of Utilities, Logica

The time to act is now - as part of the new SEPA Direct Debit (SDD), the European Commission is looking to replace every single national direct debit scheme in the Eurozone - the switch-off date is soon approaching. Because the potential for real business benefits is compelling, corporates should take advantage as soon as possible so as to reap returns.

This is a large opportunity for corporates. The SDD scheme will deliver improved cash management, efficient payments process and greater control over their bank and customer payments relationships.

To realise the opportunity SDD presents, corporates need a combination of robust technology, flexible business options and consulting expertise to act quickly and strategically for the long term.

Major corporates across 36 countries rely on Logica technology and services to manage their billing processes and to apply the deep industry knowledge of more than 6,000 ER P and payments experts.

We have in-depth knowledge of SEPA payments, with Deutsche Bank currently using our award winning payments system to handle their SEPA needs across Europe.

Here at Logica, we have developed an easy to use business case model, which can be utilised for any major corporation. This can take the major pain out of building your business case to move to a unified payments system, which not only meets all the compliance issues, but will put you in real control of your cash and your payments.

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