Comprehensive cash management involves centralized cash availability monitoring and demand forecasting for each connected cash points.
Comprehensive cash management involves centralized cash availability monitoring and demand forecasting for each connected cash points. The inventory and staff management is a key to organize the efficient work of the CIT service.
The automated inventory management of CIT bags and other types of cash containers helps to increase the efficiency of ATM cash collection management. It simplifies the ATM cash collection ordering significantly.
This feature will be available to the Cash Management.iQ users in the August release.
What does inventory management mean?
Using this feature the system operator:
- knows the number of the equipped bags and the number of the cassettes and banknotes in the cash vault;
- gets data about the security seal number on each cassette and on the bag;
- can assign a separate bag for each cash order;
- tracks the transfer of each bag to CIT officers.
Unique bags and seals numbers will be reflected in receipts and payments sheet and other accompanying documents. It allows banks to automate workflows and reduce the risk of operational errors when fulfilling the order for transporting cassettes.
Contact BS/2 representatives to learn more about Cash Management.iQ solution.
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