AR-BOX

Connect to the Online Banking Revolution

An estimated 82.5 million households currently use the internet and 33-42% pay bills at online banking sites. Integrating these payments into your company’s Cash Management program is a challenge, but First Citizens has a solution for you.

AR-Box allows you to coordinate e-payments from all processors with one direct connection. It’s a turn key solution that allows you to have only one processor relationship. AR-Box creates back office efficiency by eliminating paper processing and increasing your cash flow.

Your company will benefit from..

• One electronic file received daily that includes payments from multiple payment processors.
• Elimination of the manual posting of check and list.
• Faster posting of payments.
• One credit to your account daily for the combined total of all checks received.
• A daily email notification recapping the day’s deposits.
• Allows you to make account number corrections only once. The system automatically makes the changes for you in future months.
• A web based reporting tool and transaction search capability.
• Allows you to reject payments contained within a stop payment file.
• If you utilize a lockbox service, AR-Box will minimize the number of exceptions from your lockbox.

Implementation is as Simple as a Phone Call

Implementation is as simple as a phone call to First Citizens. We handle the coordination with all of the bill pay processors, and one of our Cash Management Implementation Specialists will provide you with one on one training.

We invite you to talk with us about incorporating AR-Box into your Cash Management program.

Contact the First Citizens Cash Management Division at 1-866-733-2501 Monday through Friday, 8:30 a.m. to 5:00 p.m.