This new position signals the company’s commitment and intention to focus more strongly on a sector that now more than ever are setting up their own lockbox operations in response to demand from their customers. Creditron has been serving multiple customers in the banking industry through indirect channels for a number of years. The company is now committing additional resources to focus on reaching banks in the 300 million to 5 billion asset ranges. The Creditron Lockbox provides leading edge technology that enables the lockbox provider to deliver to their customer a highly customized and specialized solution. It is ideal for both small and large lockbox operations and is able to accommodate growth. The Creditron’s Lockbox Customer Setup Interface allows the lockbox provider to add new client applications in less than a day and create reporting and billing options that are defined, customized and organized to that individual needs. Features include automated messaging and image delivery by fax, web or email. Pangrac is a veteran of the banking industry having held multiple positions at financial institutions and service providers to the industry over the last thirty years. He joins Creditron from VSoft Corporation in Duluth, GA where he was responsible for sales of the companies Item Processing Solutions to financial institutions.
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