SolutionS
Commercial Lockbox, Built for Enterprise Receivables
Faster deposits. Smarter reconciliation.
Turn complex payments into seamless cash applications that accelerate working capital.
XBP’s Commercial Lockbox replaces manual cash application with AI-powered automation that captures, matches, and reconciles payments across checks, ACH, and wires in real time. Finance teams gain faster access to funds, fewer posting errors, and complete visibility into every receivable.
Built for enterprise-scale operations, the solution integrates seamlessly with all major ERP and accounting platforms to automate posting, reduce Days Sales Outstanding (DSO), and improve liquidity. With SOC 2 compliant infrastructure, end-to-end encryption, 24/7 monitoring, and same-day deposit capabilities, Commercial Lockbox enables organizations to accelerate cash flow and strengthen control over their receivables.
End-to-End Receivables Automation
Digitizes and reconciles every step from payment receipt to posting in one unified workflow.
AI-Powered Data Extraction
Captures check, ACH, and wire data with 99.9% accuracy for error-free processing.
Automated Invoice Matching
Automatically links payments to open invoices, reducing manual effort and streamlining the posting process.
Multi-Channel Reconciliation
Combines checks, ACH, and wires into a single post-ready file for ERP integration.
Same-Day Deposit Capabilities
Processes and deposits funds within the same business day for faster access to cash.
Real-Time Cash Visibility
Provides instant insight into deposits, exceptions, and reconciliation status.
Seamless ERP Integration
Delivers standardized data compatible with all major ERP and accounting systems.
Enterprise-Grade Security & Compliance
SOC 2 compliant infrastructure with end-to-end encryption, role-based access, and continuous monitoring.
Scalable Operations Support
Processes millions of transactions efficiently across business units, maintaining accuracy and control.
24/7 Monitoring and Support
Round-the-clock system oversight and dedicated service for uninterrupted operations.
Benefits
- Accelerate cash flow with faster deposits and automated cash application.
- Reduce processing costs by 30–40% through the use of AI and digital workflows.
- Shorten DSO with same-day deposits and seamless ERP posting.
- Improve forecasting and liquidity with unified dashboards and real-time reporting.
- Strengthen accuracy and control with 24/7 system monitoring and automated exception handling.
- Scale across entities and high transaction volumes while increasing the finance team’s productivity.