Outsource the Payment Processing.
Maintain Visibility and Decision Ability. Accelerate Access to Funding.
We Are Experienced Payment Processors.
Do your remittance stubs look something like this? Worried that a Lockbox processor can’t handle it?
The Team
Our Lockbox Team has over 40+ experienced staff members with a care management team with over 30+ years of combined experience in Lockbox processing for the non-profit, insurance, utility, and government sectors
The Experience
We have provided Lockbox and in-House Remittance solutions to over 35+ mid-large sized non-profits throughout the USA and have processed MILLIONS of contributions through our solution over the last decade alone, with many in Los Angeles and Orange County
Our Specialty
We have set up countless Lockbox and remittance companies and government agency customers to process:
- NCheck Only Payments
- NElectronic Payments
- NList Payments/Wholesale
- NStandard Check/Stub Payments
Remittance Processing Capabilities
List Payments: Handling of list payments can be tedious. Many companies continue to cross validate information, confirm balances, and identify accounts. Our solutions can read list documents and parse out key information, isolate payee information to simplify reconciliation, and minimize or eliminate any manual validation. These exception and costly payments are simple and handled with ease by our staff.
The Technology
We are developers of RTLFiRST, a recognized remittance system that has been on the market for over 20+ years serving mid-large sized organizations processing as little as 200-10,000 remittances daily. The RTLFiRST platform is the backbone of our Lockbox division. We found many of our utility customers are spending 60-75% of their time manually handling and validating their list payments and their check only and e-check payments, and feel that a Lockbox provider can’t effectively handle these payments. One of the key features of our technology is the ability to automate the validating of these exception payments, easily. Our system can conduct a real-time lookup query or hotfile lookup to identify the correct payer without breaching personal information, along with the ability to process list payments and create virtual transactions for simplified reconciliation. Our system capabilities eliminate unnecessary labor and complex handling.
Our full suite of products incorporates added technologies that enhance your ability to manage and analyze your utility processing operations, such as:
- NMobile Capture (remote offices, field locations, etc.)
- NData Analytics
- NOnline Payments
- NRemote Verification Services
- NDisaster Protection Services (Backup Processing)
Our Commitment
We DON’T just deposit your remittances; we want to be an extension of your organization and share in the commitment to your operations. When handling your remittances, we strive to provide the highest level of accuracy. For many of our clients, we are hitting quarterly and annual targets of 98% error free/accurate processing for their payments and donations.
Let us handle your payment processing and eliminate the issues managing an in-house system or limitations experienced with your current provider. Find out about our competitive rates and receive a free quotation. Contact us today.
Looking for more information? Visit…
Not sure what is Lockbox?
Visit our blog and check out our “What is Lockbox?” piece for more info.
Lockbox (Outsourcing) payment environment not for you?
Find out more about our Remittance Solution
Each environment is unique; various capabilities and features may not apply.
How can we help you?
Interested on what we offer? Have questions or inquiries? Send us a message and we will get back to you