lockboxes Sentence Examples

  1. The company implemented a system of lockboxes across the country to facilitate faster customer payments.
  2. The metal lockbox was securely bolted to the wall, protecting valuable documents from unauthorized access.
  3. The lockboxes were used to collect and deposit checks, expediting the cash flow process.
  4. The lockbox team meticulously processed thousands of payments each day, reducing the risk of errors.
  5. Customers could conveniently drop payments into the lockboxes located at designated locations.
  6. The use of lockboxes eliminated the need for costly bank trips and reduced potential fraud.
  7. The lockbox system provided real-time visibility into incoming payments, enhancing cash management.
  8. The company's lockboxes were strategically placed to minimize transit time and maximize efficiency.
  9. Auditors regularly inspected the lockboxes as part of their internal control procedures.
  10. The lockbox collection process helped the company maintain a positive cash flow and manage its financial obligations effectively.

lockboxes Meaning

lockboxes

a box (such as a post-office box) that locks

FAQs About the word lockboxes

a box (such as a post-office box) that locks

footlockers,strongboxes, crates, coffers, safes, safe-deposit boxes, caddies, cartons, lockers, caskets

No antonyms found.

The company implemented a system of lockboxes across the country to facilitate faster customer payments.

The metal lockbox was securely bolted to the wall, protecting valuable documents from unauthorized access.

The lockboxes were used to collect and deposit checks, expediting the cash flow process.

The lockbox team meticulously processed thousands of payments each day, reducing the risk of errors.