PC/E Cash Cycle Optimizer: Pooling of software know-how to optimize cash logistics
Paderborn/Munich. Dec 15, 2014. Wincor Nixdorf, one of the world’s leading providers of IT solutions for retail banks and retailers, and planfocus software, a company specializing in software for optimizing the cash supply chain, are to enter into a strategic partnership. The partnership is aimed at pooling and globally marketing the cash logistics software know-how of the two companies. To this end, planfocus’ CPTO® software, which is already established in banks, is to be developed further and tied in with key software products from the Wincor Nixdorf portfolio. The enhanced cash processes and thus reduced costs will benefit banks in particular, but also cash-in-transit operators.
planfocus software is market leader in Germany for software optimizing the cash supply chain and international technology leader in cash logistics. Banks, cash-in-transit operators, and retailers use the solution from planfocus to optimize their complex cash provisioning processes and in this way achieve maximum cash planning accuracy, while considerably reducing their process costs. The software is CashEDI certified; it is currently used to manage a cash-in-transit order volume of more than EUR 100 billion a year.
Once the software has been enhanced further and tied in with other components of the Wincor Nixdorf portfolio, it will be marketed under its new name of PC/E Cash Cycle Optimizer and is then also to be used to provide Wincor Nixdorf’s Managed Cash Services. It will be integrated with PC/E, Wincor Nixdorf’s omnichannel server software, as well as ProView, Wincor Nixdorf’s software for remote monitoring and IT management.
“Cash management solutions are an important element of Wincor Nixdorf’s, portfolio, as they perfectly support and complement the company’s branch transformation offerings,” says Stefan Wahle, Head of Banking Software at Wincor Nixdorf. Significant cost reductions can ultimately be achieved by optimizing cash processes in self-service concepts and assisted self-services, at the counter, as well as in upstream and downstream processes. “Through this alliance, we are consistently implementing our strategy of generating growth by expanding our software business in a focused manner and are attaching a best-of-breed solution to our PC/E software platform,” continues Wahle.
planfocus software intends to accelerate its international growth through this cooperation. “Given the global sales and implementation network it offers and the excellent collaboration on previous customer projects, Wincor Nixdorf is a perfect partner for us,” explains Dr. Joachim Walser, Managing Director of planfocus.