PYMNTS

MARCH 18, 2020

Lockbox Data Headaches. While working from home can present a major challenge for AR teams receiving checks in the mail, Biegel noted that more often, businesses are accepting these payments via banks’ lockbox services. Automating Lockbox Data – And Beyond. ” asked Biegel.

Lockbox 80

Lockbox Reconciliation Checks Automation 80

PYMNTS

MARCH 30, 2020

Many companies rely on a bank/service provider to handle outsourced lockbox processing. One of the first calls they should be making to their provider, Berdan said, is to ask how COVID-19 is impacting them and if the provider’s workers are allowed to come into work. remote work) layered on to that process.

Lockbox 60

Lockbox FinTech Payer Push-to-Card 60

PYMNTS

FEBRUARY 2, 2021

This week's look at the latest in open banking and bank-FinTech collaboration finds financial institutions (FIs) exploring both partnerships and acquisitions to strengthen their offerings for corporates, while third-party service providers have also boosted their data-sharing capabilities to empower those financial service provider tie-ups.

Lockbox 57

Lockbox FinTech Treasury Management Payment APIs and Integration 57

PYMNTS

DECEMBER 11, 2020

In the accounting profession, manually having to determine the fiscal value of services provided, and creating physical documents to bill clients, is a significant use of valuable time that could otherwise be spent on driving revenue for the firm. Adams noted that the sector is making progress, but there is still a long way to go.

Accounts 89

Accounts Lockbox Automation Checks 89

PYMNTS

FEBRUARY 4, 2020

Historically, businesses would submit paper checks stapled to a stack of invoices, or wield check lockbox services that, while inefficient, could at least clarify which transactions were to be applied to which invoices. Data’s Favorite Payment Rails.

Commercial Card 61

Commercial Card Lockbox Reconciliation ACH 61

PYMNTS

APRIL 30, 2020

This week’s examination of the latest in payments rails innovation finds financial service providers innovating on top of existing rails to address the friction of ACH, checks and other bank transfer infrastructure.

Innovation 73

Innovation Global Payments Cross-Border ACH 73

PYMNTS

JULY 22, 2019

Clark emphasized the importance of third-party service providers delivering a clearer message to accounts payable departments. But as is often the case in B2B payments, the AP world’s relative satisfaction with checks — despite their many drawbacks — might be chalked up to, “You don’t know what you don’t know.”.

B2B 57

B2B Reconciliation Checks Lockbox 57