Wanting a more efficient way to handle your cash transactions?
ASPIRE’s Lockbox module enters cash transactions through lockbox integration. Lockbox files automatically match payments to open invoices based upon the customer number, contract number and/or invoice number. Once payments are matched, an open cash posting batch is created for review and editing. Furthermore, the Lockbox file is Excel based and can support any payment type you need to pass into ASPIRE, beyond just check payments!
When payments can’t be matched to open invoices or do not exactly match the open payment amount, ASPIRE will apply what can be applied and provides the tools to allow you to efficiently research and apply any unapplied payments.