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2020

Proactive and effective CashManagement in a pandemic

The COVID-19 pandemic has caused a global economic downturn. It made banks think about anti-crisis measures to reduce costs without loss of services provided quality.

One of these cost items is the CIT-collection and attraction of financial resources to replenish self-service devices with cash.

BS/2 specialists held a webinar "Cash Management in a Pandemic: From Theory to Practice." In this webinar we talk about:

  • how cash circulation has changed in different countries in the pandemic;
  • what actions can banks take today to optimize their CIT-collection costs and costs of raising cash to replenish all objects of the cash circulation ecosystem;
  • how specialized software contributes to the optimal cash distribution at terminal self-service devices.

During the webinar, we demonstrated how the Cash Management.iQ solution works and what benefits financial institutions can get when using it. This solution provides you with self-service devices cash monitoring and makes forecasts about cash balance in self-service devices in real-time. It can help you to plan CIT-collection in time and offers optimal routes for it. The Cash Management.iQ software solution is also integrated with Sargent & Greenleaf's A-Series access solution, which allows generating and distributing access codes for electronic locks installed on terminal safes as a part of the CIT-collection order in the Cash Management.iQ system.

We are pleased to share our experience and hope that this information will be interesting and useful to representatives of the banking sector. To get a link to the webinar, please leave your contact details.

For any questions about the Cash Management.iQ software solution, you can contact our company representatives.