CDS intros cash forecasting, balancing tools

Get Free Membership |
Sign In
| Advertise

Home
Features
News
Blogs
Videos
Photos
Webinars
White Papers
Products & Suppliers ▼
Research Centers ▼
Events
Project Help

Research Centers

ADA Compliance

Associations / Conferences

Distributors / ISO / IAD

EMV

Enclosures / Surrounds

Installation / Deployment

Manufacturers

Mobile Banking

Multifunction ATMs

Networking / Connectivity

Outsourcing

Refurbished / Used ATMs

Regulatory Issues

Retail / Off-Premises

Security

Service / Parts

Software

Transaction Processing

Trends / Statistics

Vault Cash / Cash Management

Wireless

Get help from all our vendors with one click.

CDS intros cash forecasting, balancing tools
Tags: Bank / Credit Union, Cash Dispenser / Recycler / Acceptor, Columbus Data Services, Distributors / ISO / IAD, North America, Other, Remote Management, Transaction Processing, Trends / Statistics, Vault Cash / Cash Management
December 18, 2006

0 Comments

DALLAS - Columbus Data Services announced Dec. 18 the release of its Web-based cash forecasting and cash balancing tools.

The new system is designed to meet customer requests for more information on terminal balances and cash consumption, helping ATM deployers to better manage the cash in their terminals.

"Whether our customers are using their own cash, the merchants' cash, a third-party cash loader or one of the traditional vault-cash providers, our new Web-based cash management tools allow them to better manage cash needs to avoid revenue loss from out-of-cash situations and excessive cash expenses from over-loading," said John Willmon, vice president of business development for CDS.

The forecasting tool makes use of ATM transaction history to determine replenishment needs; the reporting tool helps provide loading amounts that are specific to each ATM. The new tools also provide balancing capabilities and the ability to take a snap shot of where all cash from a particular funding source is located.