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How Does Lockbox for Accounts Receivable Work? A Guide for Middle Market Companies

This eBook explains in detail what lockbox banking for accounts receivable is, how it works, the benefits your company can realize and how to find the right lockbox service provider.

If your business is still receiving payments via checks that are sorted in the company mailroom, processed manually and then driven to the bank for deposit, then you need to learn more about lockbox banking for accounts receivable.

 

Lockbox services boast a host of benefits, including:

 

  • Improved cash flow
  • Lower payment processing costs
  • Increased employee efficiency
  • Reduced fraud
  • Better data quality

Learn more about how lockbox banking works, how it can benefit our company and how to choose the right service provider. Download our free eBook today.

 

This eBook is provided as a free service to you and is for general informational purposes only. Cadence Bank makes no representations or warranties as to the accuracy, completeness or timeliness of the content in the eBook. The eBook is not intended to provide legal, accounting or tax advice and should not be relied upon for such purposes. Cadence Bank does not provide legal, accounting or tax advice to any client who receives services from Cadence Bank.

Download the eBook, "How Does Lockbox for Accounts Receivable Work? A Guide for Middle Market Companies"

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If your business is still receiving payments via checks that are sorted in the company mailroom, processed manually and then driven to the bank for deposit, then you need to learn more about lockbox banking for accounts receivable.

 

Lockbox services boast a host of benefits, including:

 

  • Improved cash flow
  • Lower payment processing costs
  • Increased employee efficiency
  • Reduced fraud
  • Better data quality

Learn more about how lockbox banking works, how it can benefit our company and how to choose the right service provider. Download our free eBook today.

 

This eBook is provided as a free service to you and is for general informational purposes only. Cadence Bank makes no representations or warranties as to the accuracy, completeness or timeliness of the content in the eBook. The eBook is not intended to provide legal, accounting or tax advice and should not be relied upon for such purposes. Cadence Bank does not provide legal, accounting or tax advice to any client who receives services from Cadence Bank.