Simplify your accounts receivable administration with LockBox Services from West Shore Bank. Reduce the time you spend consolidating information from multiple service providers and enjoy quicker availability of funds.
Details
LockBox Features
LockBox Services gives you quality receivables processing at an affordable price. Features include:
- Customizable to meet the data processing requirements of any company.
- Online Exceptions- allows for a timely resolution of unmatched account receivable file exceptions.
- Account Receivable Posting File- a customized daily file to allow for direct updating of your account receivable system.
- Images of checks, remittances, and correspondence can be retrieved quickly and conveniently through our online portal.
What are the Benefits of LockBox Services?
- Improved cash application and payment visibility
- Improved operational efficiency and staffing optimization
- Reduced risk of theft and fraud
- Decreased potential for manual error
- Comprehensive audit trail and controls
Add LockBox Services to Your Business Banking Suite
West Shore Bank has been Making a Difference Since 1898. For over a century, we have remained committed to helping the people and businesses of Michigan improve their financial well-being. Contact us to learn how Lockbox Services can help your business. You can also visit one of our nine locations in Ludington, Frankfort, Hart, Manistee, Onekama, Scottville, or Traverse City.