You have researched the market for what you can do to make your branches more efficient and help streamline the customer experience. You’ve read articles and talked to peers and have now made the decision that cash recyclers are a great benefit and you should look to implement them into your branch strategy. Here are a few things that may make the difference in success and failure:
Why should I automate with a cash recycler? Sure cash recyclers can be big investment for a small to mid-size financial institution. That's exactly why it's important to get the facts, count the cost, and understand the benefits returned. Did you know that a cash recycler offers the capacity to cover the labor of nearly 1.5 employees? Increased cash management efficiency is the biggest advantage that cash recyclers offer financial institutions. When banks and credit unions select the right machines to meet their needs, a cash recycler can actually pay for itself in short order (18-24 months or less).
This ATM checklist will dive into how to prepare when purchasing ATMs, best practices for preparing and installations. Subscribe to the QDS blog and get your free copy.
Why should I automate with a cash recycler? Sure cash recyclers can be big investment for a small to mid-size financial institution. That's exactly why it's important to get the facts, count the cost, and understand the benefits returned. Did you know that a cash recycler offers the capacity to cover the labor of nearly 1.5 employees? Increased cash management efficiency is the biggest advantage that cash recyclers offer financial institutions. When banks and credit unions select the right machines to meet their needs, a cash recycler can actually pay for itself in short order (18-24 months or less).
So you've been looking for ways to make your branches more efficient, and with your research, teller cash recyclers keep coming up. You look around, you ask your peer institutions, you read blogs and whitepapers and find that cash recyclers are typically a great investment. Of course each recycler has pros and cons, but those pros can help you take big steps toward your end result -- automated transactions at an increased speed.
Automation Avenue Podcast 006 - NCR Video ATMs and Nautilus Hyosung MX-8800 There is no denying the fact that NCR has made a name for itself by delivering video ATMs to drive-thru locations across the country. Founded on technology developed by Coastal FCU and uGenius, NCR has taken video teller to the next level. With installations at over 100 financial institutions, there is obvious success with this solution. But the ultimate question for you is, “Does this make sense for my institution and is there something better out there?” Our answer is, “Maybe.”
Cash Automation | Branch Transformation
As more financial institutions focus on growing their revenue base and business, effective cross-selling in the branch becomes paramount. This concept is not new however, so how can you do it successfully? What might help your staff and institution achieve its goals?
