OptiVLM is a modular Web application that allows financial institutions to track ordering information from a variety of sources, including ATMs, branches, the Central Bank, commercial customers, and other banks and external vaults. OptiVLM provides the greatest benefit when implemented as part of Transoft’s leading OptiSuite cash management solution, however, OptiVLM is a standalone module and can interact with any currency management system to provide superior order tracking capabilities.
OptiVLM manages cash orders from all sources, providing a complete picture of overall cash status throughout the funding chain. Users can load orders and order status directly into the application interface or simply upload standard layout formats. When implemented with OptiSuite, OptiVLM interacts with the main vault system to consolidate information which is then transferred to OptiVault for forecasting. OptiVLM also allows users to keep control of invoice validation, vault balancing, carrier compliance and commercial customer charges. Flexible, user-defined workflows enable users to customize the application to meet their needs, ensuring that OptiVLM brings the most value to the financial institution.