Drive Operational
Excellence
This financial institution is a relationship-focused bank committed to helping clients achieve financial success. The company operates over 100 locations in metropolitan Chicago, southeast Wisconsin, northwest Indiana, central and western Illinois, eastern Iowa, and other markets in the Midwest.
An enhanced electronic lockbox solution that allows for the ability to perform repairs and returns through the platform
Supports payment data “scrub” processes at an individual client level
Provides settlement data files at the individual client level and specific to their customer information systems
Payment data, reports and research tools presented through a white labeled web-based tool
Client user access configured specifically to the bank’s business requirements
“Demo” environment available to showcase solution functionality to prospects
A competitive advantage by being able to offer their commercial clients electronic lockbox as a solution which has traditionally only been offered to large corporations by large financial institutions
The “scrub” feature of the solution minimizes payment exceptions
Repair and return features minimize manual exception payment processing
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