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Sectornet to offer BACS payment service to brokers

Insurance broking systems provider Sectornet has signed a deal with a banks automated clearing syste...

Insurance broking systems provider Sectornet has signed a deal with a banks automated clearing system payment and collections supplier to ensure clients are prepared for the 31 December 2005 BACS migration deadline.

Sectornet is offering Bottomline Technologies BACSTEL-IP payment and collection services to UK brokers on a subscription basis. Sectornet claim significant cost savings are available through new levels of automation and process efficiency.

Sectornet managing director John Lipscomb said

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