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Payables Lockboxes

Expedite cash flow, enhance security and improve the efficiency of your funds using Cadence lockbox services for processing accounts payables.

Lockbox services through Cadence Bank help eliminate the most common issues businesses face in managing accounts payables with a simple four-step business payment system.

 

 

 

 Paper invoices Paper invoices
Paper invoices must be extracted and sorted. Significant labor is involved in just managing the paper flow. Multiple approvers for invoices is a standard practice for small a and mid-sized businesses. But lost or mishandled invoices is common with paper in motion.
 Limited pay options Integration with other systems
Businesses want safer ways to make their payments -and vendors want to get paid faster. A workable solution must integrate with a variety of accounting applications.

 

 

 Learn more about our business payment options. Contact a treasury management banker today to schedule a system demonstration and a tour of our facilities for processing accounts payable.

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