Traceability is important, especially if you're in cash logistics.

Traceability is important, especially if you're in cash logistics...

Security lies in traceability. Even cargo companies monitor their field operations electronically, so why shouldn't the Cash-In-Transit (CIT) sector do the same? In CIT, the first priority is security, followed by the timely and accurate delivery of the money to the recipient. Armored vehicles with remotely monitored cameras and trained field personnel exist, but these only cover the physical security aspect of the job. Furthermore, the transported cash must be continuously monitored using the 5W1H (What, Why, How, Where, When, Who) principles. Potential irregularities and risks must be immediately reported, ensuring effective management of field operations. Customers also want to see the status of their transport orders instantly. An integrated IT infrastructure that tracks end-to-end traceability should be established for all cash handling and transportation processes, and field operations, in particular, should be conducted using smart devices and data collection technologies (barcode, RFID, etc.).

Banks/customers can instantly view the status of work orders from web-based monitoring panels. Cash automation ensures savings and optimization in processes, excellent situational awareness, and continued customer trust in the company. Otokod's spin-off company, Managecash, offers end-to-end solutions for managing all operations in this sector with its Enterprise Cash Logistics Management System, specifically developed for the cash transport industry.