Put your working capital to work. Image Based Lockbox
Expedite your receivable collection and posting with this product. Your incoming payments bypass your corporate office and come directly to the bank. Since we deposit the checks for you, you gain additional audit controls due to the further separation of the depositing and account posting functions. Mail float, processing float and collection float are reduced. We make the deposits early in the day and put your money to work, enabling you to view the checks and invoices over the Internet before you would normally open the mail. We can transmit custom files to enable automated accounts receivable updating. Streamline your accounts receivable processing and free your staff for more productive tasks with imaged based lockbox.