|
ANZ LockBox is a highly efficient and cost effective alternative to your current
remittance processing system. This service allows you to outsource the processing
of mailed payments via cheque, money order or credit card to ANZ. ANZ LockBox has
been specifically designed to reduce the costs associated with high volume mail
remittance processing and improve your organisation’s cash flow by reducing the
average turnaround time (from remittance receipt to banking the funds), by up to
three days. ANZ LockBox is particularly suitable for customers who receive high
volume, standardised payments by mail. This facility offers a wide range of
benefits including:
The handling of mail receipts is reduced to one simple process that allows same day banking.
Currently, most businesses undergo a three or four-step process, which involves receiving the remittance, keying in the data, banking the payment and reconciling the payment. By streamlining this process, ANZ LockBox helps to eliminate re-keying errors and effectively minimise costs.
As ANZ LockBox speeds up the whole banking process by up to three days, you have
greater control over your cash flow and can identify and track high-risk customers
before they begin to cost you money.
ANZ LockBox incorporates a sophisticated and fully automated data capture service,
offering unsurpassed accuracy of information, notably enhanced by the image-based technology.
Payments are processed in a safe facility co-located with ANZ’s Data Capture Centres,
with access control, systems security, extensive audit trails built into the process,
as well as staff that are used to working in a security and confidentiality conscious
environment.
ANZ LockBox can also be customised to suit your organisation’s individual and
changing needs, whilst still maintaining a high service quality.
Talk to your ANZ Relationship Manager or Cash Management and Transaction Services Specialist.
|
