VECTOR Currency Control Solution
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By automating the entire currency control process, the VECTOR Currency Control Solution
will eliminate surplus cash – in many cases, cash reserves are reduced by up to 40%.
This solution is available in three configurations, providing full scalability to
meet your bank's currency inventory control needs – from a single cash site to an
enterprise wide perspective. All three versions serve the main goal of the solution:
to reduce excess cash while meeting customer demand for cash on a daily basis.
The VECTOR Currency Control Solution consists of:
As a key management tool and forecaster, the VECTOR Currency Control Solution lessens
operational risk by managing your inventory of currency - you are assured of never
having too much or too little cash, at any given site. And the solution's enhanced
features will help you extract as much revenue as possible from your cash resources.
The bottom line? This VECTOR solution improves profitability while removing the complexity from currency management.
Configurations:
Supporting up to 10 cash inventory sites, VECTOR: Cash (Basic)TM
is a Windows-based, multi-currency software product that identifies actual currency
needs, so "surplus cash" can be reallocated as earning assets, and potential interest
income isn't forfeited. It creates "cash targets," using monthly forecasting logic,
that define how much cash in specific denominations should be kept at each location.
And the product's management reports help optimize ATM and cash services profitability,
as well as enhancing your bank's customer service. Expandable to a total of 100
cash inventory sites.
VECTOR: Cash (Premier) includes all the features and
functions of VECTOR: Cash (Basic) and (Deluxe) - with enhanced and expanded functionality.
It has multi-lingual as well as multi-currency capabilities, daily as well as monthly
forecasting functions, and courier optimization. It creates daily "cash targets"
that define how much cash in specific denominations should be kept at each location.
And the product's courier management reports help optimize ATM and cash services
profitability, by curtailing unnecessary pickups and deliveries. Unlimited expandability
is an inherent feature of VECTOR: Cash (Premier).
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