The service market of banking and retail does not stand still. In order for a software solution provider to remain relevant, active measures should be taken to constantly improve existing products.
Cash management systems in banking and other organizations are developing rapidly over the past several decades, continuously increasing in functionality. Because of the growing demand for quality and additional functionality of solutions, "self-written" programs of credit and financial organizations and cash-services, lose credibility.
The CIT cost optimizations is one of the main tasks for Financial Institutions and specialized encashment services. However, in order to find a way to reduce costs, it is important to calculate how much funds banks and other organizations spend on providing their objects (offices, shops and self-service devices) with cash.
The Lithuanian Penkių kontinentų bankinės technologijos company has offered its Cash Management.iQsoftware solution, which helps to automate cash distribution processes at all deposit / withdrawal points, for several years already.
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