Bank lockbox Service

It is a utility provided by the banks to ease the flow of business transactions and processing of account receivables by having those organizations’ customers’ payments and remittance documents mailed directly to a location accessible by the bank.

Bonds Payable

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Fixed asset Turnover ratio

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HighRadius Cash Application Software enables the end-to-end automation of the cash application process that covers major benefits such as AI-enabled data capture for remittances, auto-linking of payments with open invoices, cost-cutting on lockbox fees and easy compatibility with any system due to its ERP-agnostic Saas infrastructure. Apart from the major benefits that it has, there are some key features which can not be missed out, some of them are Email Remittance capture, Discounts and Deductions Handling, Check Remittance Capture, Web Remittance Capture, Invoice Matching, and RDC & Mobile Payments.