Receivables Management Services

Automate your accounts and make funds available faster

Boost your business's potential with receivables management services

Transform your business with a better receivables experience. Receivables management services simplify your accounts receivable and payment processes—so you get access to your cash faster. No matter the type of payments you manage—ACH, check, electronic, lockbox or cash—our solutions are at your service.

Convenience and cash flow

Offer convenience and improve cash flow with ACH receivables.

Electronic billing services

Reduce billing expenses with less paper and postage.

Accelerated collections

Outsource payment collection, processing and posting.

Find out more about receivables
Accounts Receivable Management Services

Better cash flow means better business

Utilize a broad range of products

First Citizens corporate accounts receivable management services provide flexible payment solutions to accelerate cash flow and optimize your business.

Get paid faster

Replace paper invoicing with electronic bill presentation and payment. ACH receivables offer convenience to your customers and reduce their costs to make payments while allowing you to collect payments quickly and securely.

Integrate seamlessly

Digital and electronic payment services such as lockbox processing, check recovery and eReceivables allow you to outsource the collection, processing and posting of payments, making funds available faster. Save time and money, improve security and accuracy, and deposit checks faster with commercial image cash letter and Remote Deposit Capture.

Accounts Receivable Management Services FAQ

People often ask us

After a payment has processed and cleared, you can't make changes to that transaction. Detailed steps on the different ACH transaction types can be found in our Digital Banking for Business User Guide. You can learn more by watching the ACH payment services and ACH templates videos on our Video Tutorials page.

Several products can help you collect funds faster, reduce your days sales outstanding and improve overall cash flow, including:

  • Lockbox
  • Remote lockbox
  • Electronic bill payment and presentment
  • ACH debit origination
  • Remote deposit capture
  • eReceivables

With good accounts receivable management, you can improve your company's overall cash flow. You get paid faster and create a better payment experience for your customers.

You must receive authorization from your employees or customers to obtain the information needed to deposit funds into their checking and savings accounts for payroll, employee expense reimbursement, government benefits, taxes, other refunds, annuities and interest payments. Please reference the Nacha website (Section VII Appendices) for Sample Authorization for Direct Deposit through ACH (Credits) for more information.

If you're assigned the Manage Template and Recipient rights, you can edit or delete a recipient template. View steps to do this for the different ACH transaction types in our Digital Banking for Business User Guide. Or you can watch the ACH payments and ACH templates videos on our Video Tutorials page.

Normal bank approval applies.

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Bank deposit products are offered by First Citizens Bank. Member FDIC and an Equal Housing Lender. icon: sys-ehl.

NMLSR ID 503941