cash optimization, cash inventory management

iCom®
Integrated Cash Operations Modules™

OPTIMIZE CASH LEVELS AND IMPROVE TRANSPORTATION MANAGEMENT

For most financial institutions, optimizing cash levels and managing armored carrier expenses in a dynamic environment have been an elusive goal...until iCom® from Fiserv.

iCom is a web-based cash management solution for branches, ATMs, vaults and transportation providers that delivers cash inventory and expense reductions of 20 to 40 percent. Scalable for any size institution, iCom allows cash supply chain data and tools to be securely accessed, managed and shared – from any desktop, at any time, and from any location.

Moreover, deployment of the iCom solution is flexible and cost effective. Secure access can be offered to any number of authorized personnel and third party vendors without expanding your current network or legacy systems. No installation is required at the user level, so changes and upgrades are quickly accomplished. More than 60 financial institutions worldwide have implemented iCom to improve their cash forecasting, cash optimization and logistics management activities.

iCom cash optimization BENEFITS

Eliminates excess cash inventories by 20 to 40 percent
Reduces cash handling, transportation and ATM outage costs
Improves transportation scheduling and vendor management
Standardizes cash handling procedures and controls
Mitigates exposure to risk and losses
Provides effective audit, reconcilement and reporting capabilities
Increases ATM, currency processing and transportation productivity
Offers a cost-effective solution for any size institution

iCom RECONCILIATION MODULE

As labor costs grow and security issues intensify, efficient, accurate and responsive reconciliation methods are essential. iCom Reconciliation is an optional, web-based solution that reconciles cash orders and shipments by leveraging information from within the iCom system. By streamlining the balancing process, the system eliminates errors, reduces costs and ensures vendor accountability.