Currency Management

As many financial institutions look to squeeze greater profits out of their branch operations, updated concepts in retail ergonomics, automation, and staffing have been implemented. But how do you implement new banking paradigms without touching the oldest one: Never run out of cash?

Source Technologies' delivers an integrated hardware and software solution for currency processing that automates cash handling enterprise wide, thus eliminating traditional teller drawers and teller vaults. Source Technologies' concourse cash management solution counts, deposits, secures, dispenses and recycles cash while providing cash-on-hand and denomination position for each teller and branch enterprise wide in real-time. Source Technologies' Currency Manager™ is the software solution to give cash managers complete visibility of their cash and denomination status and requirements branch-wide and enterprise-wide.

Source Technologies' currency management solution automates cash handling and eliminates teller cash drawers & vaults, doing away with "heads down" transactions and increasing customer service. The Currency Manager software reduces or eliminates cash variance and allows local and remote visibility of cash on hand by denomination. Not only do the tellers "buy/sell" from the head teller, simplifying cash handling, but Source Technologies' solution provides an automatic end-of-day balancing system to banks and credit unions.

Reliable currency management brings with it many customer and banker benefits:

• Decreased wait times, improving the overall customer experience
• Simplified banking transactions
• Eliminates the need for manual bank forms
• Increases confidence in transaction accuracy and teller effectiveness by reducing teller time
• Increase cross sell time with "heads up" transactions
• Reduces cash on hand and cross shipments
• Eliminates teller vaults and associated cash
• Increases security, reducing fraud and risk of theft

Source Technologies' currency management solution is the first affordable solution to automate all cash handling in the branch, Currency Manager allows local and remote visibility of cash on hand by denomination, and provides an automatic end-of-day balancing system to financial institutions, not just one teller or drive thru. And, when combined with a teller-assisted self-service solution, Source Technologies delivers the entire solution to currency processing.

Currency Management: Highlights

• Decreasing wait times improves customer experience
• Delivers increased security by reducing fraud and the risk of theft
• Easy integration into existing hot based cash management systems