Lock Box Service
Your clients are instructed to remit payments to a unique post office box number used only for lockbox mail. Deposits are retrieved, processed and credited directly to your account, eliminating additional processing steps at your office, the Post Office, and the bank. By reducing mail, processing and collection time, you benefit from increased access to funds, reduced administrative expenses and reliable audit trails. Accelerated access to receivables data allows you to expedite credit or shipping decisions. Deposit reports are available to download to automatically populate your receivables software, saving even more time.