Utilize advanced technology to accelerate funds availability and improve receivables processing
Are you interested in having faster access to your receivables? Do you want to free up your employees to focus on the business of your business?
Take advantage of b1BANK’s lockbox services that use advanced remittance technology to help you automate receivables, benefit from faster remittance posting, and accelerate availability of funds. We offer solutions for both wholesale and retail clients that can end your dependence on manual and time-consuming processes, and support your company’s go green initiatives.
We also offer property management and healthcare industry specific solutions.
Some of the benefits and features of our lockbox services are:
- Accelerated availability of funds
- Advanced data capture functionality
- State-of-the-art, image-based technology
- Ease of integration into account application systems
- Same-day processing
- Online long-term archive options
- Online decisioning
- 24/7 web access
- Disaster recovery and contingency planning
If your business is still collecting incoming mail, opening envelopes, depositing checks at the banking center, inputting information to accounts receivable software, and/or manually researching items, please contact us to discuss b1BANK’s lockbox solution.
