Lockbox is an efficient, safe and cost effective solution for you to receive, deposit and post payment receipts for low to high volume remittance accounts.
Efficiency
- Funds are deposited the same day the mail arrives.
- Automated data capture and electronic posting files reduces manual entry and potential errors.
- Access to captured data and images provides advanced research tools.
- Ability to consolidate the reporting, posting, and research of multiple payment types including ACH, Credit Card, and Bill Pay transactions.
Security
Your transactions are processed by dedicated payment professionals in a secure facility. Further, you can have comfort knowing that you have a process that provides for a separation of duties between those who issue invoices and those who receive payments.
For more details or questions please contact our team.