Lockbox Processing
Unlock lockbox.
Check payments made simple.
Even with the overwhelming availability of digital payment options, checks continue to make up a significant percentage of consumer and business payments. OSG Lockbox and eLockbox Processing streamlines the entire check payment process, efficiently managing every stage of the operation, including mail acceptance, imaging, exception handling, settlement, and remittance reporting.
Want to learn more about OSG’s Lockbox Solutions?
Our services include:
- Expert processing technology without the cost of establishing and maintaining equipment and software
- High-volume processing centers that get the job done quickly and efficiently
- Centralized processing that expedites settlement timeframes, reducing the number of days sales outstanding and helping you optimize working capital
- A single platform with a complete view of your receivables at every stage of the process
- Continuous updates to mitigate risk and keep up with security and compliance standards so you don’t have to
- eLockbox Banking: we convert what is a traditional bank check from a consumers account into an electronic receivable