Lockbox processing offers businesses many benefits but along with it [...]
8. Do you manually key-enter payment data into your back-office accounting system based on check copies and associated remittance documents?
he fast and accurate posting of payments from your customers [...]
7. Do you receive check payments at more than one location? Are these checks deposited into more than one bank account?
Maintaining relationships with multiple banks does not allow your business [...]
Using employees to make deposits not only takes them away [...]
5. Does your bank ever need to correct your deposit due to listing errors, missing checks, or other problems?
Deposit corrections take time to reconcile and often can be [...]
Manual completion of deposit tickets takes time to ensure that [...]
Maintaining an accurate accounting of your deposit transactions is very [...]
The ability to expedite your deposits has a direct impact [...]
Your cash flow starts when the checks you receive are [...]