CashCop
Only CASH can save the WORLD... through peace and reconciliations.
Every second debit and credit cards are used for millions of transactions either through ATM, POS or online in some corner of the world. Accounting the money channeled through diverse data formats and data sources is a humongous task for banks, because they have to often deal with inconsistent data, incomplete transaction reports and longer investigation time in case of disputed transactions.
CASHCOP provides a transparent and actionable control regime to support ATM cash management, reconciliation and reporting. CASHCOP undertaken at each stage of the ATM cash cycle. Break resolution and exception management is enhanced by incorporating data items including ATM IDs, location & address, cash in transit depot codes and denominations. Corrective adjustments can be automatically produced to write off small tolerance differences.
- Strengthen control and governance through ATM cash cycle
- Drive up automatic match rates for all ATM reconciliation
- Ingest data in any format.
- Ingest data from banks, cash ordering systems, cash carriers, and credit and debit card providers.
- Validate data at each stage of the cash cycle.
