With Accounts Receivable Check Conversion You Can Substantially Reduce Accounts Receivable Expenses and Put Those Resources to Work in Other Areas of Your Business
By having your customers remit their payments directly to a Payment Data Systems lockbox, you avoid having to log checks, scan or image checks, fill out deposit slips, and go to the bank every day to make deposits. We handle all of those tasks for you by turning that paper check into an Electronic Transaction and sending it through the ACH network. We scan and image the checks for you and send you daily downloads of deposits so that you can mark your accounts receivables as paid. This saves you time and money.