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Lockbox Services
Streamline and expedite payment collections and processing with GBC Lockbox Services, a flexible and efficient receivables deposit solution. Payments are sent directly to your lockbox and with the use of imaging technology, your paper items are converted into electronic images. An easy-to-use online web portal presents details of your daily payment activity including check and document images. Funds are directly deposited, same day to your GBC account.
Features and Benefits
- Improve your cash flow by accepting payments faster
- Accelerate your revenue recognition by reducing your days sales outstanding
- Increase processing and operational efficiency
- Reduce your cost of operating and maintaining systems and technology
- Automate the easy posting of receivables payments