How Your Business
Can Benefit From ProCollect
Faster collection
ProCollect helps streamline your collections,
and makes efficient use of the SPICK clearing
system, which means better working capital flows,
and less need to borrow.
Quick and easy
reconciliations
Whether your collections are paper or electronic
based, ProCollect facilitates efficient reconciliation
by automatically capturing key payment details,
such as cheque number, invoice number, customer
name and more.
ProCollect also enables you to update your Account
Receivables ledgers immediately and monitor credit
outstanding more efficiently.
Reduced workload
and costs
Because we undertakes the collection, processing
and clearing of all the cheques from your
various collection locations (i.e. sales and branch
offices), your staff do not have to waste time
opening and sorting cheques, preparing deposit
slips, and manually inputting data into your
Account Receivables system.
In addition, your back office is relieved of
the laborious task of reconciling your various
collections to payment advices and bank statements.
All this adds up to lower administration costs
and the option to redeploy human resources to
core business activities.
Nationwide branch
network
Our nationwide branch network enables fast local
clearing throughout Malaysia, as well as reducing
costs by avoiding Inland Exchange Commission (IEC).
There is also probably a branch near you where
you can conveniently pay in your receivables.
Alternatively, we can look into other collection
methods to suit your requirements. As a result,
there is no need for you to worry about how and
where to deposit cheques.
Online banking
You can access your account details, and view
your ProCollect reports online, any time, any
place. You are never out of touch, and can keep
an eye on your accounts wherever you are.
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