Cash Management - Lockbox
A faster, easier way to process your company's Accounts Receivables.
Lockbox, also known as Remittance Processing, allows you to put your resources to better use by employing a more efficient system to receive and deposit customer payments.
Lockbox lets you:
- Automate and improve your Days Sales Outstanding (DSO)
- Reduce or eliminate your need to prepare Bank deposits
- Eliminate daily trips to the post office and/or the bank
- Utilize your staff more efficiently and effectively
- Decrease the potential for theft, fraud, and error
Best of all, with same-day processing your money goes to work for you sooner!
Contact a First Fed Cash Management Consultant Today!
Call: 866-322-5001 or click here to send an email
