Full-Service Lockbox Processing vs Lockbox Software: What Is the Difference?

Comparison infographic: Lockbox Software Only vs. Full-Service Lockbox Processing with a 6-step workflow on the right and a dashboard image on the left.

Lockbox software and full-service lockbox processing are often grouped together, but they solve different problems. Lockbox software gives teams a place to view payment information, manage records, or track payment-related activity. That can be useful. But software alone does not always solve the physical work behind incoming check payments and related documents. Someone still needs […]

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