System functionality

• CASH POINT MONITORING
  Obtain information about cash balance and cash demand in real time by currencies and denominations. Monitoring parameters are fully customizable for all types of cash points.
• CASH DEMAND FORECASTING
  Cash demand is calculated based on historic data for any cash point (object) or the entire cash-demanding infrastructure. The users of the system can define specific time periods, such as paydays, days of cash collection, big public events and other anomalies to ensure forecast accuracy.
• REPLENISHMENT SIMULATION
  The specialized CIT simulation tool improves cash order efficiency. Analyze cash orders dealer productivity by comparing ideal and factual data. Improve the accuracy of expense calculation for each object.
• CASH ORDER AUTOMATION
  Initiate, coordinate, and track the process of cash and valuables transportation using a single user interface. The proactive notification system provides the operator with detailed order execution updates in real time.
• CIT MANAGEMENT
  Build CIT teams with available personnel, assign individual tasks and generate operation route sheets. Set of specialized CIT equipment (cassettes, bags, etc) may be assigned to any individual operation. Other functions include security seals management, generating reports and other documentation, plus, checking work flow status via notifications.
• AUTOMATED RECONCILIATION
  Form electronic journals and compare cash flow statistics of different cash points. Accounting of night depository, overages and shortages when receiving cash at the cash center. Special accounting of worn-out, fake and out-of-cassette notes is also available.
• COMPLEX ACCOUNTABILITY
  Report generation of cash replenishment, withdrawal, deposit, current and leſt cash in all currencies and denominations for every cash point, cash point group and entire networks. Analyze overall cash processing effectiveness using precise data.
• BROAD INTEGRATION CAPABILITIES
  The system supports the integration of banknote processing systems and barcode scanners. Cash Management.iQ may be integrated with core banking and other IT systems to get actual and most precise data. It can al so work with other .iQ solutions to ensure remote cash capture, automated currency exchange and payments transactions.

Software system architecture

The software solution Cash Management.iQ consists of 5 modules, each covering a separate type of cash management operational processes.

• CASHPOINT MONITORING.iQ
  The main system module, ensuring cash flow monitoring at each cash point. Its Cash Forecasting mechanism helps estimate cash demand, while CIT Simulator help to improve cash replenishment planning based on «what-if» logic.
• CASH ORDER.iQ
  CIT activities planning module automates operational and documentation processing for the whole replenishment procedure from cash order till its execution.
• VAULT.iQ
  The module helps establish an effective cash center operation environment to obtain cash handling excellence.
• CIT.iQ
  The module of CIT management can be to form Cash-in-Transit teams, assign tasks, set the schedule and calculate all associated expenses (labor cost, fuel, transport depreciation), for all planned and emergency operations.
• CASHPOINT ANALYTICS.iQ
  The module generates complex reports of the system workflow, achieving key performance indicators and other aspects of cash and valuables logistics.