Cash Management.iQ: Additional Replenishment Control

Published: 25 July 2017 y., Tuesday

The Lithuanian Penkių kontinentų bankinės technologijos company has offered its Cash Management.iQ software solution, which helps to automate cash distribution processes at all deposit / withdrawal points, for several years already.

The new Cash Management.iQ version has a function that can be useful to all companies dealing with monitoring and management of replenishments in ATM networks.

Currently, when loading an ATM, apart from manual loading of cassettes, one has to indicate the number of loaded notes for each cassette manually. For safety reasons this process remains under the human (namely, the collector‘s loading the cassettes) control.

Having loaded the cassettes, the collector must enter the number of notes in each cassette on a special ATM operator’s panel and, of course, this does not exclude possible errors.

On the contrary, indicating a larger number of banknotes than that is really loaded will lead to a case when the cassette is empty, the ATM monitoring and control system receive erroneous information on the ATM current balance, and indicate its "in service" status.

If a lesser number of banknotes than that is really loaded into the cassette is entered, the ATM fails to dispense all the bills.

The new Cash Management.iQ functionality offers real-time notice of such data entry errors.

The Cash Management.iQ system monitors the compliance of the cash order data and the data entered through the operator panel on the cash dispenser.

The Cash Management.iQ alert mechanism allows to promptly respond to data mismatches by displaying appropriate signals on the interface, sending e-mails and providing the ability to generate relevant reports.

Besides, Cash Management.iQ allows correcting data within the ATM operating cycle (the replenishment cycle).

Cash Management.iQ fixes errors and performs appropriate real-time data correction for exact ATM cash monitoring and making actual postings to external systems concerning ATM loading, unloading and balancing.

The functionality has successfully passed industrial tests and has practical application already.

More information on Cash Management.iQ

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

Facebook Comments

New comment

     

 


Captcha
 

Modern "talking ATMs“ - for the blind and visually impaired

Globally, now there are some 285 million blind and visually impaired people; every day they face difficulties - say, getting cash from a cash dispenser. more »

Cash Management.iQ: Additional Replenishment Control

The Lithuanian Penkių kontinentų bankinės technologijos company has offered its Cash Management.iQ software solution, which helps to automate cash distribution processes at all deposit / withdrawal points, for several years already. more »

BS/2 Partnering with Symphony EYC Retail Solutions Developer

The Symphony EYC managers visited the Penki kontinentai group of companies in Vilnius recently. more »

The Improved SmartSafe.iQ: Expanded Functionality, a New User Interface

In order to optimize the work of cashiers, the system was equipped with a special module that allows to automate the currency exchange. more »

Georgian Liberty Bank Interested in Lithuanian Banking Solutions

In early July, representatives of Georgian Liberty Bank visited the Penki kontinentai group of companies. more »

Skynet First in Lithuania Tested 10 Gbps Broadband Internet Connection

The Lithuanian fiber-optic broadband Internet services provider Skynet, which is owned by Penki kontinentai group of companies, has successfully tested the 10 Gbps broadband speed. more »

Lithuanian Government Institutions Rely on Penki Kontinentai Expertise

The Penki kontinentai group of companies competence was recently evaluated by the Lithuanian official institutions. more »

Representatives of Penki Kontinentai Took Part in the Honorary Consulate of the Republic of Kazakhstan in Vilnius Opening Ceremony

The Penki Kontinentai group of companies Board Chairman and CEO Idrakas Dadašovas and PR Manager Germanas Kavalskis took part in the opening ceremony of the Honorary Consulate of the Republic of Kazakhstan in Vilnius this June 12. more »

More options for card payment

The Lithuanian ASHBURN International company has installed EFT POS terminals in the post offices in the country's largest cities and district centers, with which residents can pay for services using not only conventional, but also contactless payment cards more »

Banking and Retail Synergy in Focus

BS/2 was awarded the prestigious Special Achievement Banking 2017 prize for the innovative technological solution introduced in Azerbaijan. more »