CorPoint: Deposit Manager

against cash shrinkage and theft. Managing these processes for multiple locations only magnifies these challenges. Today's merchants require advanced, integrated cash deposit solutions with pre-notification through the use of smart safe hardware devices to improve cash flow and reduce risk.

Smart Safes are the Answer

CorPoint: Deposit Manager is an advanced, integrated cash deposit solution that helps merchants streamline deposit handling. As retail staff deposit cash into smart safe hardware devices, Deposit Manager helps managers track the status of cash deposits and view detailed information by cashier and by denomination for each retail location. Supervisors can set up Deposit Manager to be hardware- and cash-in-transit provider-independent, enabling you to choose the vendors that best fit each business challenge.

One Automated Solution, Many Benefits

By using Deposit Manager, merchants can deploy the same smart safe hardware devices across  their enterprise, regardless of the cash-in-transit provider they use. Smart safe technology helps merchants streamline cash operations, automate cash counting, reconcile with the point-of-sale system, and balance to the cashier level. In this way, Deposit Manager provides you with assistance to improve security, increase cash availability, provide fingertip balance and reconcile reporting, and help you reduce transportation costs.

Opportunity for Banks to Improve Customer Relationships and Revenue

Using Deposit Manager supports your institution's ability to recapture the deposit management relationship and offer valuable, fee-based services. You can set it up to highlight revenue opportunities including fees for deposit management, provisional credit services and hardware sales. Configure Deposit Manager to work with your core banking system to provide a provisional credit file in the format you require. Offering smart safe solutions can help you differentiate your institution, increase your market share and extend your reach to merchants outside your traditional geographic footprint.

Features

Features of CorPoint: Deposit Manager include:

• Courier independence can give financial institutions and merchants flexibility to choose one or multiple preferred transportation services
• Hardware agnostic so it can work with existing smart safe and recycler systems
• Can be set up for a centralized view and alerts of cash orders and deposits by who, what, when and where for all store locations on single web-based platform
• Flexible business intelligence so you can easily create and share reports
• Remote management capabilities allow you to centrally update common safe configurations
• Options to automate posting of daily provisional credit file from couriers to core