Simplifying the Language of Receivables, Payments, and Treasury

We’re excited to introduce our Receivables & Payments Glossary—a quick-reference resource designed to simplify the complex language of receivables and payments.

Explore the full glossary here: CheckAlt Receivables & Payments Glossary

From treasury management to lockbox services, our glossary offers clear, concise definitions for key terms spanning everything from Agentic AI and Remote Deposit Capture to Treasury Modernization and Straight-Through Processing. Whether you’re a financial institution, business, or fintech innovator, this guide makes it easier to understand the evolving industry language.

Why We Created the Glossary

This glossary was built to inform and educate—simplifying complex terms and making it easier to navigate the payments industry.

• Demystify complex concepts: Get a clear understanding of emerging and established industry terms—without the jargon.
• Support your team: Great for training, onboarding, or brushing up on the latest terminology.
• Explore more: Each term includes a concise definition plus links to deeper insights and related articles for more context.

What You’ll Find

From Agentic AI to Treasury Modernization, our glossary defines more than 30 essential terms across:

• Agentic AI: Proactive automation in receivables for tasks such as exception handling and workflow decisions.

• Electronic Lockbox (eLockbox): Keeping online banking bill payments digital, avoiding paper checks.

• Remote Deposit Capture (RDC): Scan and process checks remotely using a mobile device or desktop scanner.

• Integrated Receivables: Unify check, ACH, card, and online payments into a single platform for easier management.

...and many more—from Generative AI, NLP, and LLMs to biller networks, reconciliation, payment modernization, and treasury management.

Explore the full glossary here: CheckAlt Receivables & Payments Glossary

How to Use the Glossary

Whether you're in a meeting, onboarding a new team member, or writing a proposal, this glossary is built to help simplify and clarify.

• Quick lookups: Need a refresher in a meeting or client call? Hit the glossary.

• Training support: Share terms and definitions with new hires or partners.

• Content reference: Use glossary terms to anchor proposals, blog content, or sales materials.

We’ll continue adding new terms each month—check back often to stay current with the evolving language of payments and receivables.

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