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Remittance Processing (Lockbox)
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| Problem |
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How can a robust remittance program maximize the profit relationship
between me and my customers?
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| CTP Solutions |
A profitable relationship requires an efficient, cost effective system for
processing payments, updating accounts and maximizing cash flow and the availability of funds. A CTP Solutions professional will show you the IRP remittance service that will help you to:
Improve Customer Service: Accepting telephone payments using credit cards or echecks; and automatically reversing disputed or fraudulent transactions. Integrate Accounts Receivable: Accepting remittance advice directly into the accounts receivable system; simplifying payments, card discounts and network fees reconciliations; supporting multiple entity and account configurations. |
| Problem |
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Can CTP set up a lockbox operation for us?
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| CTP Solutions |
| Absolutely. CTP represents a National Lockbox Network designed to simplify management; reduce administration time; consolidate collections from multiple locations into one account and accelerate receipt and cash availability. If you choose our Lockbox Service, we'll print the necessary OCR scanning code on your payment envelopes, so they'll be routed directly to your lockbox in the proper location. |
| Problem |
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Can CTP's remittance operation enhance the business relationship with my
customers?
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| CTP Solutions |
CTP has built a unique program we call Customer Relation Management or CRM.
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