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Implementing A Lockbox And Electronic Billing And Presentment Program (EBPP) – November 15, 2022

$295.00

Lockbox and EBPP services are offered by financial institutions to ease the bill payment process for their client. These products can speed-up the collection and processing of account receivables by having the client’s customers either mail payments and remittance documents directly to a centralized location or submit the payment electronically. Providing Lockbox and EBPP service can help client’s with a large volume of receivables recognize significant efficiencies. This webinar focuses on how to effectively implement a program, the risks associated with these services and risk management requirements needed for effectively mitigating all applicable risks.


Event Info
Date & Time: November 15, 2022 @ 2:00 PM EST
Ends: November 15, 2022 @ 3:00 PM EST
SKU: Implementing Lockbox & EBPP -11/15/2022 Categories: , Tags: , ,

Description

Lockbox and EBPP services are offered by financial institutions to ease the bill payment process for their client. These products can speed-up the collection and processing of account receivables by having the client’s customers either mail payments and remittance documents directly to a centralized location or submit the payment electronically. Providing Lockbox and EBPP service can help client’s with a large volume of receivables recognize significant efficiencies. This webinar focuses on how to effectively implement a program, the risks associated with these services and risk management requirements needed for effectively mitigating all applicable risks.

Topics include:

  • Difference between Lockbox and Electronic Billing and Presentment Programs
  • Best Business Practices for implementing these services
  • Performing your Risk Assessment
  • Ongoing Monitoring

Who Should Attend?

  • Payments Professionals (May submit AAP/AAPR Continuing Education Credits
  • Deposit Operations/Electronic Banking
  • Client Facing Teams
  • Treasury Sales and Operations
  • BSA and Fraud
  • Treasury Customers
  • Compliance Officers
  • Internal Audit
  • Information Security/Technology
  • Senior Management