Automated Cash Payment Solutions

1. Navigating Cash Payment Solutions
Using Automation
Carolina Cash Adventure
May 2019

2. 2

3. 3
40B
Cash is still king.
Notes in circulation
doubling between 1996 and 2016
30%
Of all transactions,
the most frequently
used method
25% Use of cash across all
households and goes up among
lower income brackets
50B
Dollars lost due to shrinkage in
2016 – National Retail
Security Survey in 2017

6. 6
The need for a
different approach to
cash management
30% 30 percent of U.S.
households are unbanked or
underbanked
CNBC Article
Macroeconomic Factors
• Expansion
• Low Unemployment
• Rising Wages/Labor Laws
• Rising Interest Rates
• Tax Reform
• Historically Tight Labor Market
Industry Trends
• Standardizing Procedures
• Scale for Growth
• Investments in security
• FI Consolidation
• Data Driving Everything
• Investments in Automation
• Competition for Employees

7. 7
BDEX
CPS
Branch Vault Deposit Virtual Depository Smart safes Recyclers
Established Industry Standards Emerging Solutions
VRU Change Orders E-mail Change Orders Change orders by mail
CPS
Smart safes
Established Industry Standards Emerging Solutions

8. 8
Emerging solutions overview
CIT Solutions
Financial Services
(Bank) Managed
Solutions
Non bank Solutions Financial Technology
CONCEPT
Direct with CIT, Provisional
Credit with Banks, CIT
dashboard.
Managed services solution
including CIT, safe, and
maintenance across
multiple suppliers.
Lead with advanced
technology. Manage or set
up partnerships for retailers
or banks.
Replacing CIT and Smart
Safes with virtual
technology and credit
solutions.
EXAMPLES
Loomis SafePoint, Brink’s
CompuSafe, Garda
CashLink, Dunbar Cash
Manager
Fifth Third CPS,
Huntington, BofA Safe
Connect Plus / Cash 360
Cash Connect, Superior
Press, FiServe, Integrated
Cash Logistics
DTS Mail In Solutions, Cash
Vault with Provisional
Credit
VALUE PROPOSITION
Closed loop, no third
parties, bundled solution
with maintenance, CIT,
reporting, service,
agreement.
Single point of contact
“one throat to choke”
instead of multiple supplier
relationships.
Superior technology, safe
and CIT agnostic,
alternative to CIT and
Banks
Low price, replacing CIT,
use technology to manage
cash

9. Cash & coin recyclers
9
Features & Benefits:
• Under the counter to very large currency
and coin counting deposit & recycler
devices.
• High speed acceptance and dispense
capabilities.
• Back office cash management hours are
significantly reduced or eliminated
• Fewer pickups by CIT services are needed
• Less cash on hand is required
Recyclers are designed to automate the entire
cash handling process and automate the back
office cash office.

10. 10
Smart safes
Types of businesses that
benefit include:
• QSR, LSR, Fast Casual
• Convenience store & gas stations
• Retailers with less than 10 registers
• Healthcare
• Higher education
There are over 80,000 smart safes with provisional credit
in the United States. Smart safes bring value
by reducing in store cash handling, reducing
risk to employees, and by providing faster access to cash
deposits.

11. 11
Mail in deposits and change orders
A web-based depositing module that’s available to
create, track, manage and analyze deposit activities
at the location level
Features and benefits:
• USPS or UPS for transportation
• Minimum of 2 shipments per month
• Liability limited to $5K per shipment
• Available wherever service is available
• Ideal for remote locations
• Order change for return shipments

12. 12
Managed, non-managed, bundled, or unbundled?
Making sense of it all.
Do you need:
• Supplier who can manage all of the elements of the
program in one place
• Provide project management and training resources
• Data to help make business decisions
Do you have:
• People who can source the pieces separately and
evaluate the best overall cost and solution
• Time to manage multiple suppliers and processes
• Ability to centralize the data into a usable format
Key Element
Cross functional team including
Treasury, Operations, Loss Prevention,
and IT.

13. 13
What should I think about…
Faster credit, cashiering fees, reconcilement
Loss Prevention
Labor hours, procedures, technology Shortages, safety
Operational
Financial
How will faster access to cash
deposits help us?
Do we want to consolidate our
bank group?
Can we benefit from reconciling
our cash daily?
What type of deposit tracking
do we have and need?
What are cash deposits and
change orders costing us?
How much time do we spend
counting cash and making
deposits?
Are our processes consistent
store to store?
How are we training employees to
count cash and make deposits?
How do we hold our employees
accountable for cash handling?
What is our cash shrink
percentage?
What is the turnover for
positions responsible for cash
management?
What information do we use to
perform investigations into
losses?
How do we secure our in store
cash funds and deposits today?

14. 14
How does cash automation benefit your business?
Value Drivers that affect ROI
Return on Investment
Redirect time to sales activity
Working capital benefit
Reinvestment of revenue
Labor Armor car
Change orders Insurance
Turnover Mileage
Bank fees Training
Shortages Robberies
Revenues Total Expenses
Cash automation
Smart safe technology
Remote user management
Device management
POS integration
IT development
Change order visibility
Recycling technology
Deposit tracking
Managed services
Armored cash-in-transit
Change orders by mail
API Services

15. 15
Example
Cost Benefit
Analysis

16. Thank you.