Digital Worker

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LB

Lock Box Deposit Entry

This Digital Worker (DW) parses lockbox data and posts it against open accounts.

Industry:

Legal

Collections

Banking

All Industries

Function:

Banking

Accounts Receivable

Revenue Posting

Collections

Steps

  1. Login to lockbox portal.
  2. Download batch information.
  3. Review each check to get account number.
  4. Login to Collections system and enter payment.
  5. Update Exceptions and Results log.

Benefits

No items found.

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