Taming Payment Processes: How a Lockbox Module for Microsoft Dynamics SL Can Brighten Your Day
Businesses prefer lockboxes over checks mailed directly to them for many reasons. And as the number of checks arriving at your company grows, a lockbox module in your ERP software becomes a must-have to reduce the thankless and tedious work of applying payments against invoices.
When companies implement Microsoft Dynamics SL in a business with high check volumes or with a mix of payments via check, EFT, and credit card, I always recommend exploring the Dynamics SL Lockbox module. Developed by Sandler/Kahne Software, the module was developed in the Dynamics SL toolset and looks and feels like the other modules that Microsoft licenses.
Why do people consider lockboxes rather than having checks mailed directly to them? Here are a few reasons: