The CashWebCommunity software modules enable Commercial Banks, Central Banks, Cash-In-Transit businesses and Retailers to operate an efficient and secure cash process. The community is enabled to implement collaborative working principles and fundamentally improve the way the supply chain interacts.
The increasing importance of self-service cash solutions requires so-phisticated management and optimization of the availability of cash, efficient cash usage and lowest possible cost.
Retail Cash Management
Regional Retailers and individual store owners want to provide their customers with the option to pay with cash, however this needs to be safe and easy to manage. With the combination of smart safe devices and Transtrack solution, as a retailer (or associated partners i.e. Commercial Banks, CIT’s and other service providers) one is able to achieve both.
Workflow driven Incident, Complaint and Query management linked to SLA monitoring makes the difference towards the Client experience and for the Service staff involved. Across multiple departments and companies a call is tracked and monitored, web enabled for optimal supply chain integration.
Cash Center Automation
Cash Centers of Central Banks, Commercial Banks and Commercial Operators require the best automation and full integration within the supply chain. Cash and workload forecasting and optimization as well as efficient processing and stock management make all the difference.
One of the backbones of a modern Cash-In-Transit (CIT) business is an automated “track & trace” system to achieve an excellent operation, great service towards clients and the best possible margin.
The management of keys for servicing of certain locations by the Cash-In-Transit (CIT) company is very intensive, security sensitive and vulnerable for mistakes. A crew on route may need to return to base if a key is missing. The CIT is accountable for complete and reliable management of the keys of client’s locations and requires preventive management and a proper audit trail.
Domestic & Foreign Currency Management
The management, forecasting and handling of domestic and foreign currency with a bank, throughout a retail network and potentially with outsource partners requires a sophisticated and end-to-end information system. The key objectives financial institutions pursue are visibility of transactions & cash inventory and a decreasing cost of cash. Revaluating the foreign currency against a single reporting currency is a must-have to continuously optimize holdings.