Management, control and optimization of cash flows

Management, control and optimization of cash flows


Cash Logistics.iQ


Cash Logistics.iQ

BS/2 Company

BS/2 company, which is a part of ‘Penki kontinentai’ group, more than 20 years provides banking equipment, software and services to banks and companies engaged in retail trade. The international company BS/2 is the exclusive partner of the concern Wincor Nixdorf. Universal software solutions and services of the BS/2 company are known and available in more than 67 countries.

Services provided by BS/2:

■ sale of the equipment for banking and retail sector; ■ service and technical support; ■ spare parts supply; ■ software development, implementation and support; ■ monitoring of the IT infrastructure; ■ consultancy, training; ■ outsourcing.

In early 2011, the company implemented the internationally recognized IT practices ITIL V3 (Information Technology Infrastructure Library) and annually confirms the compliance of the Service Management Standard ISO 20000.

Since 2012, the company was audited and received the Certificate of Compliance to the Standard ISO 27001. This Certificate confirms the high quality of services provided by the company BS/2.

In 2013 innovative products and services of the company were nominated by various awards. At a meeting of partners of ‘Wincor Nixdorf’, a product of BS/2 ‘Payments.iQ’ was recognized the Best Banking Solution of 2012/2013, and successful activities of a subsidiary ‘BS/2 Latvija’ of BS/2 were identified as the Best Banking Service of 2012/2013.

Savings with Cash Logistics.iQCash Logistics.iQ provides opportunity to:

Cash Logistics.iQ forecasting and optimization procedure determines the optimal amount of cash to be loaded into each cash deposit / withdrawal point. The prediction mechanism uses the statistical data from cash flow, plus the interest rates, transport costs and other expenditures for cash replenishment. Cash Logistics.iQ reduces maintenance costs at each cash deposit / withdrawal point up to 25%.

Save up to 25% cashflow cycle costs

■ Сosts of replenishment ■ Interest rate ■ Сosts of funds insurance

Cash Logistics.IQ is a software solution from the .iQ family products, developed to determine the need for cash separately for each cash deposit / withdrawal point*. The software solution allows to maintain optimal amount of cash at ATMs, ATSs, bank branches.

■ reduce the cost of cash turnover up to 25%, as well as automize and optimizate the processes associated with the cash flow in the network of cash deposit / withdrawal point; ■ manage and control cash flow; ■ increase the availability of a network of cash deposit / withdrawal

point.

* cash deposit / withdrawal point - ATM, ATS (Automated Teller Safe), bank cashier, vaults.

Factors of influence:

Cashflow prediction

Cashflow monitoring

Cash replenishment

planning

Cash management

reports

.iQ Cash Logistics business process


About Cash Logistics.iQ

25%

Cash Logistics.iQ

Cash Logistics.iQ


Cash Logistics.iQ solution provides the following management and process control tools for replenishment of cash deposit / withdrawal points:

Using these tools, Cash Logistics.iQ helps to ensure the availability of cash deposit / withdrawal points and significantly reduces the number of violations.

Cash Logistics.iQ solution allows you to:

■ Reduce the cost of support procedures for allocating cash funds.

■ Significantly reduce the time spent on planning and generating

orders for replenishment.

■ Visualize the state of the service point network in real time with a

customizable mechanism of alerts.

■ Simplify the organization of the cash distribution process.

■ Flexibly meet the changing requirements of the banking market in

terms of cash transactions.

■ Ensure quality control instructions that meet institutional

requirements.

■ Ensure the optimization of replenishment under a specif

ied value criteria.

■ Provide automation and documentation for monitoring

cash flow.

■ Ensure full accountability for all business processes of

cash distribution.

■ Provide risk management services (finding a compromise

between absolute safety and operating activities).

■ Provide analytics of business processes, as well as

calculate the trends of quality indicators.

Management and control

Functions and features

■ Real time monitoring of cash flow. ■ Replenishment planning. ■ Generation and matching orders for replenishment. ■ Support of the replenishment cycle. ■ Balancing of cash deposit / withdrawal points: ■ Identification of committed violations.


Scheme of replenishment in the system Cash Logistics.iQ

Automatically generated documents

3

45 6

7

8

21

9COORDINATIONORDERS OF CASH

PLANNING CASH ORDERS

CASH ORDER ACCEPTANCE CASSTTES

PREPARATION

RETURN OF CASSETTES

CASHPOINT REPLENISHMENT

CASH DELIVERY

CASH ACCEPTANCE TO THE VAUL

Cash deposit/withdrawal point balancing**

Cash flows audit*

* Audit of cash flow occurs continuously at all stages of the process.** By continuously identifying imbalances at each cash deposit / withdrawal points in all stages of the process.

Stage number 1 2 3 4 5 6 7 8 9

Stage name

Associated document

Planning Coordination orders of cash

Cash orders Cash order reception

Preparation of cassettes

Cashdelivering

Replenishment of cash reception /issuance

Return of cassette

Cash acceptance to the vault

The act of cash ordering The act of cash ordering

Process stages

The act of receiving cash order

The act of cassettes preparation

The act of cash delivering

The act of replenishment

The act of returning cassettes

The act of cash acceptance

Execution

Preparation

Responsible person

Currency dealer

Senior currency dealer

Vault cashier Vault cashier Senior vault cashier

Collector/cashier

Collector/cashier

Senior vaultcashier

Collector/cashier

Cash Logistics.iQ

Prior to replenishment: 2 days

Cash in the norm Cash is running out Cash ended

Total cash: 177.650.400 EUR.

Cash Logistics.iQ


Visualization of ATM network in the Cash Logistics.iQ system

For each implementation of Cash Logistics.iQ solutions, a calculation of return on investment (ROI - Return on Investment) is carried out; taking into account particular variables (e.g. cost of replenishment, the value of frozen funds, cost of funds).

Return on investments (ROI)

Cash Logistics.iQ


.iQ Family and other products

Smart Safe.iQ is a cost-effective multi-vendor software solution for automated teller safes that helps to ma-nage all cash operations from currency exchange to cash forecasting.

Dashboard.iQ – based on latest technology, dashboard module acts as a control center for defferent modules of .iQ platform and provides quick access to information influencing the decision making pro-cess.

Payments.iQ – is an application that provides a wide range of payment operations via self-service devices in addition to standard operations.

Mobile.iQ is a set of mobile applications developped specially for banking and retail sectors.

Cash Logistics.iQ

Управление, контроль и оптимизация денежных потоков

TransLink

USM

Core

ADM

DTC

Basic set

Related products

Automated Teller Safe Management

Service Management and Optimization

Cash Flow Optimization

Business Analytics

Mobile SolutionsPlatform

Fraud Prevention & Video Monitoring

Remote File Management

Value Added Services Management

Branch Security & Video Monitoring

Advertisement ContentManagement

Content Management System

Transaction Processing and POS Terminal Network Management

Payment and Loyalty Management

Automated Data Collection and Billing

User Security Management

Asset Device Management

Data Collector

.iQ Family Products


Cash Logistics.iQ


Cash Logistics.iQ

JSC PENKIŲ KONTINENTŲ BANKINĖS TECHNOLOGIJOSKareiviu str. 2, LT-08248 Vilnius, LithuaniaTel.: +370 5 266 45 95, Fax: +370 5 266 45 50, E-mail: [email protected], www.bs2.lt

Documents

Management, control and optimization of cash flows