CB&S Bank Receivables Solution – Lockbox

Accelerate cash flow while reducing receivables costs and inefficiencies

Receivables are the lifeblood of any business and with CB&S Lockbox services, we get your money working for you faster!

Why rely on manual or semi-automated remittance processes that cost too much, take too long, and create too many errors.

CB&S Lockbox services solves this problem by providing customized remittance service that speeds cash flow, enhances accounting controls, and delivers detailed transaction information via online portal or secure transmission.

• MEET YOUR BUSINESS NEEDS – We sort, extract, balance and deposit remittances per your needs. Any document received on your behalf can be digitized, including checks, invoices, envelopes and correspondence. And you can rest easy knowing our scalable services meet seasonal fluctuations or evolving needs.
• IMPROVE OPERATIONAL EFFICIENCY – CB&S Lockbox services manages your remittance processing, frees your staff to focus on value-added receivables activities, and provides controls and security for your back office.
• DECREASE MAIL FLOAT – Put your money to work quicker! CB&S Lockbox services features same-day deposits and electronic delivery of payment data. Enhance cash flow, reduce interest expense, and increase interest income.

Contact your CB&S Banker or Treasury Management Sales Consultant today for assistance with a customized Lockbox solution for your business.