Take the first step on the Cash Automation journey: Fast, fully automated teller systems provide reliable, accurate note handling and authentication while expediting service delivery, increasing operational efficiency and boosting cash security within the branch.
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MEHR ERFAHRENTeller automation solutions now enable 90% of transactions to be automated, delivering faster and smoother transactions at the branch – reducing wait time for customers and reduce stress on tellers.
In-person interactions are decreasing. When your customers do come to the teller, let your staff focus on developing relationships and cross- or up-selling your products instead of cash handling – the conversion rate of human-to-human interaction in the branch is 85%.
A teller using automated cash handling can generate as much as a 1.5 times increase in throughput while the accuracy can be expected to increase, reducing balance issues. Also, the time spent on vault activities can be reduced by as much as 80%.
Physical security of cash, staff and customers will be improved because the money is stored in a safe and not in an open drawer, reducing the incentive for robberies. A TCR also accepts less counterfeits and reduces internal fraud.
of financial service executives
Source: CFM (2022)
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