- More Detail Here:
- Strata Choice Site
ATM Services, Cash Vault and Other Cash Management Solutions
by
Garda Cash Logistics
Bank deposits, change of funds, replenishing cash in ATMs and coin delivery can be some of the mundane tasks that managers in your firm spend their valuable time on. Even though this work is not complex, they become a responsibility of senior staff due to their critical nature. Moreover time spent by them on these tasks can be constructively used for other important business activities.
Cash logistic companies specialize in securing various cash transactions for corporate houses, both small and big. The various services offered by them are as follows:
ATM Services
Living in a society that demands instant gratification, it is essential for financial institutions to ensure that their ATMs are always replenished with cash. A cash logistic company does much more than that. Apart from
atm cash replenishment
and settlement, they assist in:
?Reconciliation of cash
?Deposit retrieval and verification
?Clearance of currency and paper jams
?Replenishing other supplies such as deposit slips, envelopes, audit tapes and electronic journals
Cash Vault Services
Processing currencies, coins and checking deposits on a daily basis is an operational nightmare, more so if you are a multi-national financial institution. Not to mention the man hours spent in training your staff for these activities. A cash logistics company specializes in handling these tasks. Their staff is trained in all of these functions and thus can help you maintain control over cash processing. Further a virtual vault allows online access to activities and information on a real-time basis.
Cash Transportation
Depositing funds daily into the bank is a painful task which cannot be avoided. Not to mention the risk factor involved in traveling with large amounts of cash.
Armored truck transportation companies
specialize in transporting cash safely from one destination to another. These companies have specialized vehicles made with bullet proof covers and trained staff to ensure the safekeeping of your valuables. By engaging these services, not only will your hard earned money be deposited safely in the bank, you will also safeguard the lives of your employees.
Cash Management
You may want your senior staff to focus their efforts on products and services; however they are often tied up with treasury management functions. Not only does this lead to ineffective use of their time, chances are that they find these tasks monotonous. Outsourcing your cash management services to a responsible third party is a great way to ensure that managers use their time productively to pursue other opportunities that will directly impact the company s growth and bottom line.
These are a few ways in which a cash logistics company can reduce operational costs and thereby help in the growth of your organization.
Garda Cash Logistics provide secure cash transportation and is at the forefront of the revolution which is, transforming the
cash logistics
industry. A variety of technologically advanced products and services make it easier for their customers to profitably manage their businesses.
Article Source:
ArticleRich.com