Keeping receivables information at your fingertips is essential to achieving a strong working capital position.
Managing the receipt and timeliness of your payments is our core competency and provides you with the vital information you need to make business decisions quickly and accurately. Lockbox Solutions at Key provide an end-to-end receivables process designed to expedite the conversion of your receipts into working cash. Improving the speed of collection and posting will help you reduce your average days of sales outstanding and the cost of processing paper checks. Meanwhile, our robust information delivery channels provide you with up-to-date details keeping you well informed.
To get started, one of our experienced relationship managers will work with you to establish the best way to leverage the lockbox functions for your business. Together, we will create a lockbox solution that is customized for your clients and professional staff needs, designed to drive business performance.
Banking products and services are offered by KeyBank National Association. All credit, loan and leasing products subject to credit approval. Key.com is a federally registered service mark of KeyCorp. KeyBank is Member FDIC.