Cash Management Lockbox Payment Reconciliation 
PYMNTS
MARCH 18, 2020
As Biegel explained, a lack of data standardization across payment tools remains a challenge to the reconciliation and cash application process, even when that data is electronic. Lockbox Data Headaches. Often, an organization will simply submit a check with their company name and payment amount on the physical document.
PYMNTS
JANUARY 29, 2020
When it comes to helping corporates manage their supply chains, traditional banks tend to focus on the financing aspect via trade finance, factoring or other such products. Offering solutions that promote workflow automation from sourcing through to payment, reconciliation and accounting is not usually part of an FI’s product roadmap.
Expert insights. Personalized for you.
80 
Let's personalize your content