Faster access to funds.
Checks are collected and processed faster than manual handling allows, so the money you’re owed reaches your account sooner.
Aion’s lockbox processes every check automatically, with a full electronic record available any time.
Instead of customers mailing checks to your office, they mail them to a dedicated address Aion manages. Checks are opened, processed, and deposited automatically, and the funds land in your account without anyone on your team touching a single envelope.
Checks are collected and processed faster than manual handling allows, so the money you’re owed reaches your account sooner.
Every check is captured electronically, with secure data transmission and storage protecting sensitive payment information. Log in any time to see the full record, no filing cabinet required.
Check processing runs automatically, freeing up time your team would otherwise spend opening envelopes, recording deposits by hand, and chasing down paper trails.
$200 per month, per lockbox, including 75 checks. Additional checks are processed at $2.50 each. Minimum term is 6 months.
"Implementing the lockbox solution has really improved the way we handle receivables. What used to be a slow, paper-based process is now largely digital, giving us real-time visibility into payments and streamlined access to transaction records. It’s made things more efficient and has helped with cash flow management."
Manufacturers and distributors whose customers still pay by check. Any growing business processing enough checks that opening envelopes and making trips to the bank has become its own job.
Lockbox is available as part of your Aion account: one flat monthly fee, with no manual check handling on your end.