Unify the Scan, Collection and Storage of Remittance Images and Data
The Window to Your Organization
With access to timely deposit and remittance information, Lockbox customers can seamlessly control every aspect of their receivables management – from increasing productivity to making better credit and funding decisions.
Central or Remote Capture
Whether using Item Capture (IC) where payments are received and centrally captured through the Lockbox or Remote Data Capture (RDC) which gives Lockbox customers the ability to scan their own checks and documents for transmission to a central processing center – payments are combined for posting, deposit clearing processing, reporting and ultimate archival.
Greater Efficiency Through Consolidation
The Customer Delivery System (CDS) consolidates and manages all electronic payment formats used by your customers, including wire, Check21, ACH, credit cards and traditional paper checks. The result is one, single stream of remittance information for more efficient reporting, timely cash application and information management.
Online Exception Decisioning
With the use of our Exception Management System (EMS), customers have the online decisioning ability to view all exception items in real-time, provide missing data, and to make a decision to accept or reject the transaction, greatly reducing the number rejected, returned and unprocessed items.
Leveraging Receivables Processing Expertise
Treasury Access Professional (TAP) takes your receivables management to a new level with its unique features. Payment alerts can be triggered on dollar amount, invoice number or other relevant information so you can keep track of anticipated payments from Customers. Powerful searches offer you the flexibility to easily find what you are looking for.
Flexibile Deployment Models
Whether it is Wholesale or Retail Lockbox processing, already have a capture solution in place or not, have short-term or long-term archiving needs, we can provide you with the best overall solution that exactly fits your Lockbox requirements.
Simplify Data Across all Customer Touchpoints
Wholesale/Retail Lockbox
Whether you have a high volume of retail remittance payments or a lower volume of wholesale remittance payments, our products can be customized to fit your exact business needs.
Property Management
We support specialized lockboxes that enables assessment payments to be sent to one lockbox, with the deposits made to separate accounts for each homeowners association.
Integrated Receivables
No matter what form of payment your customers use to purchase goods or services, our products provide you with better insight into your cash position.
Manage the Content, Not the Technology
Interoperability
No one end-to-end Remittance or Lockbox solution necessarily fits the needs of all. We work alongside your existing systems, seamlessly integrating our software with internal payment and business applications as may be needed.
Increased Business Agility
You don’t want a closed, outdated, locked-in and monolithic Lockbox platform. You need the ability to mix-and-match components integrating the functionality and tools best suited to your Lockbox needs using the most modern technology available. All our products provide Lockbox users with the tools necessary for them to gain a better hold on their Lockbox data.
Decreased Ownership Costs
In today’s competitive landscape, focusing on expanding efficiencies and enhancing optimization utilizing existing infrastructure and environments is key. Our products provide you with cutting-edge technology at the lowest cost without worrying about replacing infrastructure or making major hardware and software spends.
Designed for High Volume and Performance.
Open Architecture
A modern, web-based application that supports all popular browsers including Google Chrome, Apple Safari, Mozilla Firefox and Microsoft’s Edge Chromium. Requires no installation of any files on your local PC workstation. No software to download. No Java or ActiveX plugins.
High Availability
Lockbox systems require increased reliability and high availability. By leveraging container technology that is portable, flexible and easy to deploy, we strive to ensure that all our systems achieve the highest level of operational performance at all times. Containerization provides a clean separation of concerns, allowing IT operations teams to focus on deployment and management without bothering with application details such as specific software versions and configurations specific to the app.
Flexible Deployment Models
The choice is yours; on-premise, cloud or the hybrid option. The architecture is designed to support implementation strategies that best fits your organizational needs.
Incredible Features. Industrial Strength.
Cutting edge capabilities that provide one of the industry’s most comprehensive and flexible payment processing solutions available.
Central Management
A central management Lockbox console provides a complete and proactive management solution for administration that goes far beyond monitoring and configuration.
Short Term / Long Term Archive
Stores the digital images and related data of documents easily, accurately and according to your retention needs. Instant access to stored items using web-enabled search tools that dramatically improves information management and customer service.
Image and Data Capture
Providing advanced image and document capture solutions. Imaging invoices, checks, envelopes and correspondence, on a multitude of transports, desktop scanners and mobile devices while maintaining the integrity of the entire transaction.
Alerts & Exception Processing
Trigger payment alerts on dollar amount, invoice number or other relevant information to keep track of anticipated payments. Exception processing for handling of items with missing or invalid information including online correction, decisioning and routing.
Data Consolidation & Workflow
Automation of Lockbox Business processes using innovative data recognition technologies to drive efficiencies such as reduced manual data entry and item handling. Advanced workflow tools for the creation and delivery of X9.37 electronic deposit files, billing files, CDROM and virtual CDROM files, XML image files, Customer data files and more.
Customer OnBoarding
Setting up a Customer’s Lockbox for Wholesale or Retail processing can be a complicated and difficult task without the proper tools to manage all the complexities involved. A central profile management console provides the tools necessary to create, manage and promote profiles to and from environments as required.
Discover what’s possible.
OCR
Scheduling & Workflow Tools
Customizable Search Views
Web Archive
Remote Capture
Specialised Branding
Export Image & Data Options
Dynamic Reporting
Web Desktop
Billing
Virtual CDROM/DVD
Profile Management
Exception Processing
Remote Data Entry
Artificial Intelligence
Modern. Intuitive. Unparalleled Visibility.
All our Lockbox applications are designed to give its users the flexibility they demand. They feature a sophisticated, user-friendly, modern and brandable interface providing unparalleled visibility into Lockbox data.
