Stadtsparkasse Munich (City Savings Bank Munich) has commenced full integration of all its cash processes into CPTO 2.0. The highlights of this new, fully-integrated, next-generation cash management solution include:
– Broad application of cash planning technology for all branches and ATMs, which means the solution is available in all 90 branches of the Stadtsparkasse
– Fully automatic synchronization of cash deliveries to all sites, optimized by means of patented CPTO/Synchro technology, resulting in a considerable reduction in standstill costs
– Automatic calculation of the required FCB (*please explain FCB?*) cash volumes and automatic cash ordering for central deposit office
– Automatic generation of transport routes and delivery orders, which factors in the position of external providers
Consequently, the Stadtsparkasse Munich (City Savings Bank Munich) is the first German credit institute to achieve full integration of all cash processes into a single software solution, resulting in further savings in the areas of transport, interest, and processing costs, both rapidly and perceptibly.
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