Lockbox Solution for Payables

 

Lockbox services for payables management through Cadence Bank help to eliminate the most common issues businesses face in managing payables with a simple four-step payment processing solution.

Contact a treasury management banker today to schedule a demo of the system and a tour of our facilities.

 

Paper invoices

Multiple approvals

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.

 

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