New APRO E-Lockbox module

The check is still a common means of payment of invoices, particularly in the USA. Banks that receive paper checks and associated documents (remittance advices, for example) nowadays scan them into so-called lockbox files, which are then, in turn, sent to the receiving companies. Unfortunately, processing these files is a time-consuming, complicated affair. This is why APRO offers APRO E-Lockbox, an easy, automated application for processing lockbox files to the Oracle E-Business Suite.

E-Lockbox_After