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Retail Lockbox

CMS-Plus is an image-based, retail/hybrid lockbox solution. The system allows users to capture available information from the OCR line as well as append additional customer required fields.

Using menu driven functions, the process of keying and reconciling check amounts, verifying and correcting coupon scan lines, creating deposit tickets, and supplying customers with captured coupon data is simple and straightforward.

The system also allows for cash applications, necessary for efficient processing of mutual fund accounts, newspaper remittances or mortgage payments. Processors now have the ability to allocate one payment into different investment funds. They can designate additional monies to newspaper tips or qualify how much should be applied to additional principal, escrow or late payments.

CMS-Plus is easy to use, features quick account set-up, and does not require programming expertise to manage, maintain, or operate. Optional recognition engines and practical tools will allow you to meet the unique needs of each lockbox customer while maximizing your productivity and profitability.

 

LATEST NEWS

CMS's Data Center version of Lockbox-Pro Saves Thousands.

October 29, 2010

Clearwater Florida -- The CMS LBX Pro application has been optimized for multi site lockbox processing environments. Built on CMS's extensible Capture Anywhere/Key Anywhere architecture, the data center model centralizes the IT infrastructure needed to run the powerful Lockbox-Pro application in multiple sites. This includes taking advantage of virtualization technologies and options. "The data center model provides banks the ability to support multiple capture only and/or key only lockbox sites, and grow strategically without the normal high cost IT investment," says Mike Reynolds, Executive Vice President at CMS. "It's just one aspect of our strategy of delivering both a superior product and the lowest cost of ownership solution in the lockbox industry," he adds. Read more…

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