PAYSTAND BLOG

Read about the digital transformation of commercial payments and how to automate your enterprise cash cycle.

The Advantages of eLockboxes & Modern Billing Portals

In our last article on traditional lockbox services, we learned that though it’s an antiquated method, traditional lockboxes are still the dominant way enterprise businesses transact. There is $550 billion lost while businesses continue to transact manually with other businesses via paper check. You don’t see people clutching their rotary phones after being offered the brilliance and convenience of an iPhone… after learning a bit about what eLockboxes offer, you will understand why it’s a payment solution that is finally gaining traction.

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Kenzie Earle Kenzie Earle on March 14, 2017

Accounts Receivable, eLockBox Service, Billing Portal

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