Firms working through dealers and distributors are accelerating collections with the 'Direct Debt System' (DBS) offered by Near East Bank. Innovative project-based investment, which is becoming increasingly popular and makes electronic trading more attractive, comes from Near East Bank. In particular, companies that sell through dealers and distributors increase their sales and maximize their efficiency with the "Direct Debt System (DBS)" offered by Near East Bank with a competitive price approach. The Direct Debt System (DBS), which enables companies to make collections through dealers or distributors, can be done in an electronic environment, and the time factor is removed from the dealers and distributors within the credit limits allocated from the accounts of the banks.
The direct lines of the Direct Debt System, which walk through the billing relationships established between the reseller and the parent company, both of which benefit from the extremely reasonable and privileged pricing and speedy service approach of Near East Bank are as follows:
Receivables arising from the sales of goods and services of the companies are automatically transferred to the accounts of the firms by receipt of invoices from the demand deposits or credit accounts of the franchisees with the invoices to be made by the companies through special software provided by Near East Bank. With this system, check, letter of guarantee, etc. for the purpose of facilitating and accelerating all kinds of borrowing. Instead of debt instruments such as debt collection electronic environment is performed. The parent company collects the deferred receivables from the dealer or the customer through the Direct Debit System (DBS) with credit or non-credit in accordance with the invoice information.
ADVANTAGES OF THE COMPANIES WORKING WITH DBSWithin the limits of the credit limits to be granted, the main dealer collection risk is zero, all the collection flow systematically manages both sides, and the desired number of due bill collection transactions are recorded in the system within the customer buyer limit. Dostel Communications and Çınar Elektronik, among the companies that work with the Direct Debit System (DBS), underlined that the new system they have been acquainting over the last few months has facilitated their workflows, reduced their risks to a minimum and used the time more efficiently.
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