Can Auto Lockbox process be used for processing ACH and WIRE payments from customers in AR ?
We are using Auto Lockbox process by importing the file from the bank. For ACH and WIRE payments, the bank can send a similar file to us. Can I import this file to populate AR_PAYMENT_INTERFACE_ALL table just like in auto lockbox process using sql loader and use the Validation and Post quick cash processes like in Lockbox ?
Currently we are downloading the payment file and manually entering the receipts. Like to automate this process. If lockbox process can't be used I am open to other suggestion(s). My research on this pointed me to iPayments but I don't think we have license for this product.