Small to mid-sized financial institution CEOs and board members face immense pressure to reduce costs and increase operational processes to remain competitive with the mega bank setting. Many leaders look towards automation of processes through technology to help reduce staffing and improve operational efficiency. This is a definite challenge for micro branches that service rural communities and may have already cut their staffing model to the bare bone.
There’s no doubting the value of a Teller Cash Recycler (TCR) and integrated platforms like DynaCore™ and DynaCash™ in transforming the financial services industry. But is it a practical investment for the micro branch that may exhibit fluctuations in cash transactions?
Through effortless and intuitive processes, TellerCounts addresses the needs of the micro branch as a low-cost, high yield solution. It’s extremely affordable for smaller, more remote locations that need accurate and efficient processes to transact cash for their customers. It works directly with the currency counter (TellerCounts supports a wide variety of brands) to add together multiple passes of the cash into a single set of denomination totals. Mutilated currency can also be manually entered into the overlay mode screen. When the user has considered all the currency and presses the “accept” button, all counts will be added to the correct teller application fields.
TellerCounts is a credible solution for institutions that can’t justify the capital investment of TCRs. It provides:
• An economical option to expand overall product line offerings for financial institutions and retail vertical markets.
• Opportunity to offer a unique result that has substantial monetary benefits and efficiencies to your workflow.
• A valuable time-saving fix by automating data entry of cash totals.
• Commendable choice for commercial heavy drive-up windows that work with a large volume of dirty or unfit cash.
• An accurate and efficient way to record end-of-day cash balances and audits.
• An affordable way to incorporate existing technology into the daily workflow.
Automating processes can ensure that institutions meet regulatory requirements while accelerating basic customer experiences such as anticipating customer needs and fostering high-value relationships.
