Lock Box Services
Our lockbox services* include a multi-step process by which check payments are received, imaged and deposited for the benefit of your company. Because we use an image-based processing system, your payment information is available for viewing online by the end of each business day, providing you with a fast and convenient way to view your daily receipts and reports.
- Same day deposit
- Lower processing cost
- Improved cash flow
- Reduced overhead
- Comprehensive audit trail
- Easy access to data either online or via CD ROM
- Increased accuracy
Who can Benefit from having lockbox services?
Companies who process payments manually, have an in-house system or those who are already using a lockbox service will benefit. Examples of potential lockbox users include property management companies, insurance companies, hospitals, telephone and cable companies, universities and charitable organizations, just to name a few.