Process Receivables Faster & Smarter
Fast and Efficient Implementation: CheckAlt’s implementation team can procure new mailboxes in minutes and implement lockboxes quickly, so couriers can begin delivering your payments to our locations for same-day processing. We are dedicated to creating a seamless experience for our clients.
Intuitive User Interface: Quickly manage rules and handle exception items for same-day processing. Set user permissions for secure, controlled access to your customers' daily payment data and payment history.
Detailed Data Tracking: Gain insight into your customers’ payment history. Easily generate and download detailed, useful reports in your preferred format, including PDF, CSV, Excel, Word, or HTML web files.
Hub-and-Spoke Processing: Be in any market with minimal investment. Your payments are delivered and processed at strategically located, highly secure processing sites within our nationwide network.
CheckAlt helps businesses of all sizes reduce days sales outstanding (DSO) to under two days using our highly efficient paper lockbox processing network. At each of our strategically located processing sites, CheckAlt batches and scans all paper payments into our online management portal for fast, same-day review and approval of all deposits. Our software can convert these payments into any file format and, because CheckAlt is bank independent, we can deposit them into any bank in the U.S.
Just some of the types of businesses CheckAlt currently serves:
CheckAlt helps financial institutions to create new profit centers with our private-label lockbox processing solution, adding more value to their corporate clients and to the bottom line. CheckAlt efficiently processes retail, wholesale, and wholetail clients’ paper checks and remittances across our nationwide network of processing sites. By providing total, partial, and flexible outsourcing options, CheckAlt can meet any financial institutions’ unique needs for staying competitive while expanding their market footprint.
CheckAlt works with financial institutions of any size, including:
CheckAlt also provides remote lockbox and electronic lockbox solutions for your business or financial institution.
If you are looking for a remote lockbox solution, click here to learn more about CheckAlt’s RemitStation.
If you need an electronic lockbox solution, click here to learn more about CheckAlt’s Catch!.