ROI calculator
Calculate the cost-saving effect from the implementation of the Cash Management.iQ software solution.
Cost-saving effect calculation
(enter the required data and get approximate savings amount)
Additional benefits of Cash Management.iQ implementation
Automation of business processes
End-to-end electronic document management
Improving the efficiency of personnel use
Improving security
Smart data visualization for better insights
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.
