Cogent’s Lockbox Services are designed to accelerate the conversion of your company’s receivables into available funds while reducing mail and processing efforts. Regardless of your payment amounts or volume, Cogent has a lockbox solution that will fit your company's needs and help improve your cash flow.
- Your payments are mailed to a P.O. Box in your company's name and retrieved for processing throughout the day ensuring your payments are applied as quickly as possible.
- The payments are processed based on your specifications.
- Your payment file is customized to allow for direct updating of your accounts receivable system.
- Image File Transfer allows you to populate your in-house archive with images for easy retrieval and viewing.
- Online Image Access gives you immediate data that can be used by your customer service department.