A faster, easier way to process Accounts Receiveables.
Lockbox, also known as Remittance Processing, allows you to put your resources to better use by employing a more efficient system to receive and deposit customer payments.
Lockbox lets you reduce or eliminate:
- Payment postings
- Bank deposit preparation
- Daily trips to the post office and the bank
- Potential for theft, fraud, and error
Best of all, with same-day processing your money goes to work for you sooner!
This blog article is for informational purposes only, and is not an advertisement for a product or service. The accuracy and completeness is not guaranteed and does not constitute legal or tax advice. Please consult with your own tax, legal, and financial advisors.