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Features & Benefits
Lock box conversion with digital imaging allows a business receiving mailed in payments to process the payments automatically as soon as they come in the door.
No longer does a business have to process the checks by hand and then take them to the bank for payment. ARC lock box provides the business the ability to send
received payments directly through the ACH network and receive credit within 24 hours.
Lock box reduces most of the cost associated with accepting checks. Eliminating deposit slip preparation and trips to the bank reduces handling cost. Bank
costs such as per item deposit fees and returned check fees are also eliminated. In addition, cash is available sooner and returned items post within two (2)
days eliminating the 14-21 day delay associated with paper check deposits.
Lock box is easy to implement and cost effective for any size business. With the addition of a check imager any PC becomes a
lock box processing solution.
ChexDirect archives the image of the check for a period for two years and gives the business unlimited access to the imaged checks via the web. If required,
ChexDirect will also provide the business with the ability to store the images at the business location. Calculate for yourself how much it is costing your
business to handle paper today.
CALCULATE COST
ChexDirect provides direct integration with virtually any accounting software to ensure that when a payment is made the customer receives credit without having
to re-enter the payment a second time. A payment can be applied to a single account or to multiple accounts from a single payment. If the item returns, the
business knows it within 24-48 hours and can react quickly to eliminate further losses.
A large number of businesses use ChexDirect’s lock box solution including:
| TRADE ASSOCIATIONS |
NON-PROFIT ORGANIZATIONS |
| VITAMIN SALES |
MEDICAL OFFICES |
| UTILITIES |
INTERNET SERVICE PROVIDERS |
| PROPERTY MANAGERS |
COLLECTION AGENCIES |
| PEST CONTROL |
SELF STORAGE |
| DUES & SUBSCRIPTIONS |
FINANCE COMPANEIS |
| MARINAS |
COUNTRY CLUBS |
Let ChexDirect show you how to streamline your receivables today.
Never any obligation and consultation is free!
Contact us to find the ChexDirect representative nearest you.
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