Commerce Gateway Receivables

Manage and reconcile your business transactions with greater efficiency and automation

Benefits

  • Maximize efficiency
    • Eliminate manual accounts receivable posting
    • Spend less time tracking errors and researching remittance information
    • Simplify reconciliation through automation and integration of multiple payment types
  • Enhance visibility and cash forecasting
    • Obtain detailed payment and remittance information
    • Eliminate the need to wait for processing results from various receivables systems
    • Receive notification when your account will be credited with electronic payments
  • Optimize working capital
    • Reduce days sales outstanding
    • Eliminate delays caused by customer check production and mail delivery
    • Shorten receivables posting time
    • Lower administrative, audit and collection costs

How it works

  1. Payments received
    • Your customers make payments to your BB&T accounts using ACH, wire transfer or check (BB&T Lockbox). BB&T processes these payments and credits your account.
  2. Aggregation
    • BB&T extracts and compiles payment and remittance information into a single data format.
  3. Delivery
    • Commerce Gateway provides the integrated receipts data using your preferred delivery method and file format.
  4. Posting
    • Your company benefits from streamlined posting of receipts to customer accounts.

Features

  • Accept ACH, wire transfers and lockbox data electronically in your preferred format, regardless of how individual payments were made
  • Download remittance information to keep records up to date
  • Maximize security and customize capabilities by managing user entitlements and control access
  • Create a customized view to search and sort information as needed
  • Review online up to a 35-day history of all activity
  • Get fast alerts with Event Notification via email when important actions or situations occur

Service options

  • Consolidate ACH, wire and check (lockbox) receipts
  • Receive remittance and payment data online through the BB&T Commerce Gateway Receivables web portal, data transmission or your preferred file format

Ready to get started?

By email

Have a Treasury Management representative contact you.

In person

Locate a branch.

By phone

Got questions?

800-774-8179

Already use Commerce Gateway?

Access your existing account information.

Log in to Commerce Gateway - important (opens in a new tab)

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Branch Banking and Trust Company, Member FDIC.