Fazeshift receives transaction and lockbox reporting from Citi, matches incoming payments to open invoices, and feeds balances into cash reporting.
Category
BankingApply Citi receipts across every account you hold.
Global companies often receive payments into several Citi accounts. Fazeshift receives transaction reporting and lockbox data from Citi for each account and matches every receipt to the customer and invoices it belongs to.
Balances from every account feed Insights & Reporting, so treasury and AR look at one view of cash instead of a spreadsheet per account.
Many accounts, one queue
Receipts from all your Citi accounts are matched in one place, wherever they land.
Lockbox detail used
Remittance stubs and check images from Citi lockboxes are read to find the invoices each check pays.
Consolidated cash view
Balances from each account roll up into one cash position in reporting.
See it run in your system
Bring a batch of your real AR — invoices, payments, whatever’s messiest — and we’ll show you exactly how the agents would read, match, and post it back against your own records.