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Receivables Management

Managing a mix of payment types, remittance information and related customer and financial risks can be complex and time-consuming.

Receivables Management Solutions

Northern Trust's receivables management services can help improve efficiency with cost-effective solutions to support your treasury, accounts receivables, customer management, and credit and collections functions.
  • Accelerate incoming cash flows and streamline processing
  • Automate manual processes and improve timeliness and accuracy of your customer data
  • Gain insight into payment behavior and assess client risks
  • Improve your customer experience with multiple payment and remittance options

Electronic Collections Speed up incoming cash flow and offer your customers greater flexibility by automating the receipt of domestic and international ACH and wire payments.

Lockbox Choose from our extensive suite of lockbox options and leverage our nationwide network of lockbox sites to help streamline payment collection.

Imaging Services Gain access to your image and remittance files quickly and easily. Store, retrieve and securely manage information to support collections, receivables and customer relationships.

Information Services Capture and integrate information from multiple payment and information types to improve timeliness of information flows. Northern Trust Treasury Passport and direct transmission options enhance timely access and flexibility in how information is accessed and delivered.

Depository Services Improve timeliness of deposits and reduce risk by capturing and transmitting electronic check images for payments received in your offices.

Our Clients

Our Asset Servicing group offers services and solutions to a wide range of clientele. Some of our key clients include: