Lockbox Agreement

An agreement that is taken into consideration amongst Borrower, Lender, Manager and Lockbox Bank. It may be amended, restated, replaced, or otherwise modified from time to time, based on funds deposited in the Lockbox Account.

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.