With Lockbox you can import financial data from your bank - including online payment service transaction files - in a secure environment. The Lockbox application automatically credits payments, and simultaneously updates cash receipt information. In one simple process, coded financial information is imported and cash receipt entries are created to be posted to tenants’ ledgers.
Lockbox was designed with flexibility in mind to allow for the secure importing of files from almost any financial institution. Increase your efficiency and eliminate the time-consuming task of manually entering rent receipts.
Features and Benefits
- Import direct deposits and cash receipts, including online payment transactions
- Eliminate data entry errors for more accurate ledger information
- Utilize almost any financial institution's file format
- Accelerate the processing of payments, and improve cash management
- Increase the availability of cash for your business
- Automate the receivables process
Quick Facts
At the hectic beginning of the month, when you are processing your cash receipts, Lockbox can save you hours of receipt entry to make the entire process stress-free.
Lockbox Fact Sheet - pdf (207K)