Ceto Cash Calculator
Financial institutions have long struggled with an efficient approach to manage branch vault cash levels. Recognizing the potential to both automate the process and create additional revenue for members, CenCorp is offering the Ceto Cash Calculator (C3).
C3 is a cash management tool that allows you to optimize daily branch and ATM cash levels. Equipped with a tool to standardize cash control systems, you gain a better understanding of cash usage. This fully integrated approach gives you an end-to-end view of your cash handling activities. C3 offers these key advantages:
- Minimize Cash Balances. C3 minimizes the amount of non-interest earning vault cash balances on hand. Users typically see their average cash balances on hand decline by 20% after implementing the program. The increase in earnings that result from the reduction in average cash balances more than pays for the cost of the software.
- Cash Management Made Easy. C3 integrates the various aspects of vault cash management (tracking usage, ordering, etc.) that is typically done intuitively or on spreadsheets. The web-based application provides you with a convenient way to monitor cash levels at individual branches and ATMs. The user-friendly interface presents information numerically and graphically. C3 offers you real-time reporting and is accessible through EDGE On-line.
- Customized. You can customize the program based on your specific branches and ATMs. Cash levels can be monitored by teller and currency denomination if so desired.
- Proven Product. CenCorp has joined with Ceto and Associates, the developers of C3, to offer this program. Ceto began offering the product in 2003 and has over 900 locations using C3 today. CenCorp's agreement with Ceto allows CenCorp to deliver C3 at a price that few CenCorp members could obtain by going directly to Ceto.
- Implementation and Support. CenCorp coordinates the implementation of the product and ongoing support.
To schedule a demonstration or for more information on C3, please contact your CenCorp Business Development Representative at (888) 236-2677 or marketing@cencorpcu.com.
