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Outsource
Lockbox Processing
Who
uses
Lockbox Processing Services?
Lockbox Processing is used by
businesses that receive payments from numerous
customers.
Why is Lockbox Processing Services Used?
-
A lockbox is a safe and
reliable method of receiving payments and
eliminating processing time.
- Lockbox processing services provide solution
to organizations that need to improve and expedite
their payment collection processes and in order
to better manage their finances and internal
resources.
Business’s whose core
competency is not check
processing, waste lot of internal
resource on check processing.
-
Considering an alternative
to manual receiving, processing and depositing
funds as well as a safe and traceable method
of payment handling.
Why
Outsource
Lockbox
processing to Rely?
At Rely, we provide whole array of lockbox processing
services for banks and check
processing for companies with lockbox.
Outsourcing Lockbox Processing to Rely is your
answer as we collect, process and remit your payments
quickly, reliably and accurately.
How
does
LockBox processing work?
-
Payments Mailed -
Customer payments are sent directly to Rely’s
Lockbox address. The lockbox address is check
several times a day for faster service.
-
Payments Processed
- Payment envelopes are opened, sorted, cleaned
and batched by customer predefined payment
type. Check batches are processed, encoded,
endorsed, imaged, data entry performed and
total amount balanced.
- Payments Deposited and Reported -
Deposits are posted to customer account and
customized data files are generated.
If I
outsource LockBox Processing
Services to Rely, how do I gain?
A lockbox is useful for organization and businesses
for following reason:
- Expedite funds availability.
- Payment is mailed to the company frequently.
- Reduce mail delays and check clearing time.
- Customers are dispersed across a region.
- Internal staff is overloaded.
- Requires customers with the flexibility to
mail payment anywhere in the U.S.
- Requires flexible reporting options.
Thus Outsource of Lockbox Processing Services
to Rely is your answer. We collect, process and
remit your payments quickly, reliably and accurately.
For more information on this contact us…
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