An Integrated Receivables solution makes it easy to capture all of your payments by integrating lockbox, eCheck, ACH and wire into a single payments work-flow, and provides a more comprehensive receivables view in real-time.
Clients can remit electronically (via email or online portal) and by providing a multitude of payment options, the realization of cash receipts is quicker and easier. Additionally, an integrated receivables solution overcomes the challenge of repeated re-association of remittance data with payments, and automatically applies payments to accounts receivable in a manner a traditional standalone B2B lockbox could not. Advantages of the service include:
Online bill presentment and payment module, branded with client name and logo
Smart matching invoices and bills to payments received, reducing overall time to apply receipts
Automatic learning of corrections, email matching and payment application process, improving accuracy and reducing manual effort
Real time access to the entire receivables process which enables better cash flow forecasting and optimizes cash assets
Would you like to learn more about how our Integrated Receivables service works? Click below to get in touch with us today!
“There was nothing about the other company that could even compare with the service we got from your company. I would highly recommend Lighthouse Payment Services to anyone!”
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Lighthouse Payments Services is a third-party provider of bank-branded lockbox service. We offer both wholesale lockbox service and retail lockbox service as well as many other solutions designed to benefit your cash management clients.
331 Montvale Avenue
Woburn, MA 01801
Sales: (617) 365-1898
Service: (781) 279-0901
Fax: (781) 279-0903