Request Cash Supply Chain management software for banking systems

Cutting-edge Cash Management software

One solution for Cash Supply Chain Management

Cash Management.iQ is an innovative soſtware solution for end-to-end cash logistics across financial institutions and CIT service providers.

Real-time cash availability monitoring

Keep your eyes on the ball

Monitor status for all remote cash points to improve cash supply efficiency and manage your KPI.

Cash order & reconciliation process automation

Reduce the chance of human error

Automate cash orders and make cash logistic process smooth to prevent loss and manage risks.

Best-in-class flexibility & UI/UX experience

Easy to use, easy to adjust

Work with top-notch Cash Management.iQ architecture and user interface to shorten implementation and onboarding time.

Points of Optimization

Reducing the number of CIT visits

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Cost of Cash Optimization with Cash Forecasting Software

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ATM Cash Availability with Cash Monitoring System

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Excellence of Cash Supply Chain Management

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Features & benefits

Real-time cash point monitoring

Our cash management system helps financial institutions to 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 & planning

Cash demand is calculated based on long term historic data for any cash point or the entire infrastructure. The users can define time periods to ensure cash forecast accuracy.

Replenishment simulation

The specialized CIT simulation tool improves cash order efficiency. Analyze efficiency by comparing forecasted and real data. Improve accuracy of cost calculation for each object from the atm network.

Cash order automation

Initiate, coordinate, and track the process of cash and valuables transportation using a single user interface for effective cash management. The proactive notification system provides the operator with detailed order execution updates in real time.

CIT management

Build CIT teams with available personnel, assign tasks, and generate routes. Other functions include security seals management, generating reports and other documentation, checking workflow status via notifications.

Automated cash 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.

Transperancy of cash distribution

Report generation from ATM Monitoring. Information about cash replenishment, withdrawal, deposit, current and left cash in every aspect for each cash point, and entire networks. Analyze overall cash management, and 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 also work with other .iQ solutions to ensure remote cash capture, automated currency exchange and payments transactions.

Product brochureCash-related workflow scheme
8000+

cash points under service

2500+

cash logistics orders per month

35%

average cost-saving effect for cash distribution network

Cash Management.iQ modules

CashPoint Monitoring.iQ – real–time cash monitoring

CashPoint Monitoring.iQ is the main module of the Cash Management.iQ system, which provides the functionality of monitoring the cash status and cash demand forecasting. The estimation of cash need is based on accumulated historical data and CIT simulation tools.

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CashPoint Analytics.iQ – cash reporting module

CashPoint Analytics.iQ is a module of the Cash Management.iQ, which is responsible for generating, displaying, and exporting reports from each point of service as well as achieving key performance indicators and other aspects of integrated cash logistics.

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CIT.iQ – management of Cash-in-Transit operations

CIT.iQ provides management of the cash collection service for the CIT (cash-in-transit) staff, assignment of tasks, selection of routes, and accounting of all costs associated with operational activities (labor costs of employees, fuels and lubricants, depreciation of transport) for planned and emergency trips.

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Vault.iQ – cash center management

Vault.iQ is a separate module of the Cash Management.iQ platform. It allows financial institutions to monitor all cash inflows and outflows in the connected cash center. In addition, Our vault cash management software (Vault.iQ) ensures a two-way cash flows between central banks and service end-points.

Cash flow management tools also allow organizations to get accurate forecasts, for further cash automation. Our software ensures the effectiveness and transparency of cash center operations.

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Cash Order.iQ – cash service handling tools

CashOrder.iQ planning module helps to determine the optimal number of banknotes (currencies and denominations) for each self-service device. Besides the calculation of the optimal number of banknotes, it helps to calculate the frequency of ATM cash replenishment processes, place orders for the transportation of cash and other valuables (securities, precious metals, etc.) either in manual to automatic mode.

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FAQ

Does your company offer consultation on cash management processes?

Yes, BS/2 provides not only training services for operating the Cash Management.iQ platform but also provides consulting services to optimize cash supply processes for financial institutions, CIT, and other companies. Our specialists have vast experience as software developers, integrators, and end-users of the system.

Do you provide the solution in a Software-as-a-Service (SaaS) model?

The SaaS model is available to all of our customers looking to minimize the initial investments to drive the Cash Management.iQ implementation. At the same time, data can be processed both in the BS/2 private cloud or on the customer's side.

Is it possible to connect the serviced merchants to the system?

At the moment, this feature is being actively developed by BS/2. Soon, the first versions of the personal web account for merchants will be presented. This helps responsible employees on the customer’s side to place orders for the cash and values transfer.

What tools does Cash Management.iQ use to protect sensitive data?

In order to maintain data security, the system provides additional role-based access management with the capability to restrict use or view for almost every element of the system. Changes to access rights are sent to the main system administrator for confirmation. In this case, all user actions in the system are logged. Also, customers can use the access control system of the corporate infrastructure based on Active Directory LDAP.

Is integration with the core banking system or a processing center required to work with Cash Management.iQ?

Not always. In some cases, we manage to solve the main part of the project goals without performing any integration with external systems. It significantly speeds up the implementation process and improves time-to-market. Still, Cash Management.iQ can be integrated with the external systems: core banking, processing, billing, and other to automate data processing.

What modules do system implementation usually start with?

Depending on the specifics of the customer's business processes, the set of Cash Management.iQ modules can be deeply customized. According to BS/2's experience, most banks and ATM operators pay attention to the CashPoint Monitoring.iQ module first. However, for the implementation of end-to-end cash supply chain management, all 5 modules are required as they enrich the system with special features.

What is the approximate accuracy of the Cash Management.iQ forecast in comparison with the real data?

As a rule, the average difference between the forecast and the actual data is no more than 5%. Thus, the cash manager can trust the data provided by the system. In addition, with a sufficient amount of historical data, the forecasting algorithm can be further improved.

Does Cash Management.iQ work with cash recycling systems?

The solution allows forecasting the demand for cash and planning cash replenishment of recycling ATMs, thanks to a special algorithm used for this type of device.

What self-service devices are supported by the system?

Cash Management.iQ is a multi-vendor platform and works with any type of ATM by Diebold Nixdorf, NCR, Hyosung, GRG and other vendors. Also, other self-service devices can be connected to the system, for example, payment kiosks, automated deposit machines, teller assisted units, etc.

Case studies

Optimization of Cash Supply Chain Management at Kapital Bank

Case study of Cash Management.iQ implementation at the largest financial institution of Azerbaijan driven by extremely high cost of cash.

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Cash monitoring tools for VTB Georgia

Case study of CashPoint Monitoring.iQ implementation for the VTB Georgia with the explanation how ATM cash status visualization gives value for day-to-day operations.

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Solution delivery

Choose the best-fit set of modules and solution delivery format for your cash points networks.

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Return on investment

Estimate the approximate cost-saving effect from implementation of the solution.

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Levan Bukhaidze

Head of Quality Control, Administration and Monitoring Department at VTB Bank (Georgia)

Gabil Jafarov

Head of ATM Operations Division at Kapital Bank (Azerbaijan)

Irakli Lomidze

Head of Operational Support Department at TBC Bank (Georgia)

George Makatsaria

Head of Treasury Department at BasisBank (Georgia)

During the first two months of using CashPoint Monitoring.iQ, we were able to reach 25% of savings on rent of the cash. Besides, the solution allowed us to save internal resources (first of all, staff). In order to monitor and analyze cash supply chain using the Cash Management.iQ solution, one cash professional needs to work only for two hours a day.  

A brand new moment for us was the opportunity to solve the main tasks of cash distribution for ATMs, payment kiosks, bank branches, and other facilities, and all this is possible within the framework of the system. The implementation of Cash Management.iQ helped to minimize downtime for self-service devices and improve the efficiency of cash planning and replenishment.

The bank receives information about cash balances at ATMs from the processing center. The frequency of data transmission can vary, but this information is not enough for the optimal cash distribution to ATMs and CIT planning. For these purposes, TBC Bank uses Cash Management.iQ solution.

Cash Management.iQ software solution provides us the information on cash balances in ATM’s in real time, which allows us to more accurately plan the time of cash collection and  cash optimal amount by ATM’s, as well as to reduce logistics costs.      

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