White Paper: AutoRek
How to Automate ATM Cash Management? Banks are still practicing manual accounting methodologies to settle their ATM transaction data as we proceed closer to industry 4.0. Processes usually have manual controls, internal uncontrolled interfaces, substandard information quality exacerbated by increasing volumes, and systems that are inflexible and don't support reconciliation and reportage needs. Automated solutions enable banks to enhance customer satisfaction, reduce costs, generate incremental revenue and improve the efficiency of their self-service channel. ATM Cash reconciliation solutions leverage the settlement processes and confirm the operational stability through accurate matching of cash withdrawal, and cash replenishment at the client managed ATMs. This white paper introduces a cost effective, clear and actionable control regime to be put in place that fully supports– ATM cash management, reconciliation and reporting totally configurable to satisfy your specific business requirements, and also educates how to boost operational performance, mitigate risk and approach efficiencies, in a robustly controlled and auditable atmosphere. Read this whitepaper that will address the following questions: What are ATM reconciliation and cash management challenges? What is the AutoRek's approach to ATM cash management? How ATM cash management can be supported by implementing a cost effective, robust, automated control regime?