Cash Management.iQ Revolution. Replatforming of Cash Circulation Optimization System

Published: 29 April 2021 y., Thursday

Over the past year, BS/2 has been actively migrating its software products to a modern IT stack. The goals of the .iQ family solutions replatforming are to increase the performance and stability of the systems, the security of storage and processing of sensitive data of banking institutions, and to improve the usability of the systems.

"In recent years, the pace of development of technologies used in the banking industry has reached its peak. Banks that traditionally take a moderate or even conservative position are increasingly following the principles of digital transformation, because they are in a highly competitive environment when they offer modern banking products. The efficiency of a financial institution's operating activities directly depends on how modern the main tools and IT solutions it uses are," says Kirill Ovsiannikov, Deputy CEO for Strategic Directions at BS/2.

The first product that was completely transferred to new technologies was the Cash Management.iQ solution, which is used by banks, CIT-service companies, and other institutions to optimize cash circulation, plan the distribution of cash in the network, optimize the processes of cash points replenishment and automate cash balancing at the end of the working day.

The experience of developing the Cash Management.iQ solution and the wishes of financial institutions that have been using the system since 2005 allowed BS/2 specialists to change the user interface as efficiently as possible and implement the latest UI/UX standards.

What New Features Does the Cash Management.iQ System Offer to Its Users?

1. More Ergonomic and Flexible User Interface

The new user interface, built in React, is now even simpler and more intuitive. The introduction of new standards made it possible to increase the level of ergonomics of the system so that the specialists of cash departments could perform their work as efficiently as possible, even during increasing workloads.

Also now the solution interface can be easily adapted to the specific requirements and business processes of the company to organize the optimal work of the system operator.

2. Comprehensive Operational Analytics Tools

The capabilities of the CashPoint Analytics.iQ functional module have been expanded. This module allows users to receive various operational reports and graphs that reflect the efficiency of cash distribution in the institution's infrastructure. The ability to implement new graphics required by a specific customer has been added.

3. More Convenient Processes for Organizing the Delivery of Valuables

The part of the system responsible for managing the delivery of valuables has been improved. Now, when managing a cash or valuables delivery order the operator can also manage such objects as bags, sets of cassettes, etc. This simplifies the process of control and accounting of material and technical values used during CIT collection.

The transfer of current users of the system to the new version of Cash Management.iQ will be carried out in stages during 2021.

Šaltinis: Penki kontinentai
Copying, publishing, announcing any information from the portal without written permission of editorial office is prohibited.

Facebook Comments

New comment




BS/2 Makes a Ukrainian Girl's Dream Come True

For the first time, the Lithuanian national cheerleading team achieved podium placements at the European Cheerleading Championship. more »

Ashburn International Readies to Launch Two New Products on The Polish Payments Market

As a result of attending the XI Cashless Congress in Warsaw, several agreements were reached with Polish cashless payment operators concerning ASHBURN International's products. more »

BS/2 and Modern Expo plan to increase the supply the innovative retail equipment to the Baltic States

Together with BS/2, the Ukrainian supplier plans to expand its presence in the Baltic. more »

Penki kontinentai group participates in DUOday for the third year

The Penki kontinentai group of companies has joined the initiative of the social employment agency SOPA DUOday" for the third year in a row. more »

BS/2 representatives took part in the Lithuanian-Azerbaijani business forum

On May 22, a Lithuanian-Azerbaijani business forum was held in Vilnius. more »

20 employees from the “Penki kontinentai” group successfully completed the “Europa” race challenge!

The “Penki kontinentai” team has become the largest for the for the third time in a row more »

Baltic Payment Forum: what surprised and inspired

Penki kontinentai Group support the Baltic Payment Forum as a Platinum Sponsor. more »

Vilnius residents are spending more in cafes and restaurants, and tips are increasing too

By the end of the first quarter of this year, nearly 1,000 waiters and bartenders in the country have joined the new Lithuanian digital solution for tips. more »

Penki kontinentai Group implements a new non-standard payment solution in Georgia

BS/2 Georgia and ASHBURN International, together with TBC Bank, one of the largest banks in Sakartvelo, have developed a new non-standard payment solution for the coffee capsule manufacturer Meama. more »

The Georgian Market Is Increasingly Interested in Lithuanian POS Terminal Management Solutions

One more Georgian bank is now using TransLink.iQ, ASHBURN International's software solution for card readers. more »