by Michael Tempesta | Jan 23, 2023 | Blog Post
Before the advent of receivables invoice matching, within the lockbox industry the old way of thinking went that only retail lockbox clients could automate their receivables processing, while wholesale lockbox clients were relegated to more manual cash application...
by Michael Tempesta | Feb 9, 2021 | Blog Post
While originally positioned as a temporary measure in the early days of COVID-19, by March many businesses will have operated and thrived in a remote-only capacity for a full year, proving that the unplanned social experiment works and is sustainable. As such, many...
by Michael Tempesta | Feb 4, 2019 | Blog Post
I was talking with one of our financial institution clients the other day. The bank at which he works boasts only a handful of branches situated in a very localized footprint. Despite this, the banker was at our facility to meet a Tax Collector for a city well...
by Michael Tempesta | Nov 16, 2018 | News
Lighthouse Payment Services was honored to speak at the NEAFP November Meeting held at the Hasbro Toy Headquarters in Pawtucket, RI. It’s no secret treasury services are changing. Businesses want banks to deliver strategic technology solutions to automate their manual...
by Michael Tempesta | Oct 8, 2018 | Blog Post
This month’s article is a continuation of the lockbox payment lifecycle. When we last left our lockbox payment, it had been delivered to the lockbox processing facility, removed from its envelope, and batched with other payments in preparation for high speed...
