3 Reasons to Outsource your ATM Cash Handling and Replenishment

There is a growing trend across the country in the financial industry. Banks and credit unions are outsourcing more of their ATM services, including cash handling and replenishment. STS Group has been a leading provider of ATM services and solutions for over a decade across the South. We have helped transform thousands of branches through ATM and Security technology and excellent service. 

Now we’re helping financial institutions transform their ATM cash handling and replenishment experience through a new sister company – SCS. 

Southern Cash Solutions was created to bring everything our customers love about STS to their ATM replenishment experience. Financial institutions have outsourced parts of their ATM management for years- like service and parts. But many are looking for a long-term, integrated partnership with a single provider that takes a full-service approach to ATM management including cash replenishment. 

Here are 3 reasons to outsource your ATM Cash Replenishment:

It will give you peace of mind that you are keeping your employees safe. 

Cash handling can be a dangerous process. Your employees must be on high alert and highly trained to perform this function on an ongoing basis. Do you feel confident that your employees are safely replenishing cash? Here are a few questions to consider. 

• Do you have a dual controlled programmable lock on the cash safe in your vault?
• Are you varying the days and times you replenish your ATM. You never know who is watching to try and determine your routine and take advantage of the situation.
• Are large sums of cash always counted and handled out of sight of the general public? 

These are just a few of the many considerations for ATM Cash Replenishment. Incidents like the recent robbery of this employee, don’t just happen at banks in Chicago. They happen often and everywhere. 

Our ATM Replenishment team is armed and ready to handle your cash securely, giving your branch peace of mind and security.

You can focus on what you do best- Financial Services

ATM Replenishment is a time-consuming function for your employees. For financial institutions of all sizes, a do-it-yourself approach also demands extensive employee training. And the time employees spend handling and processing funds is time taken away from banking activities that grow revenue. 

You will cut fixed costs and save money

Managing cash replenishment can be difficult for a financial institution to handle on its own, and advanced technology can sometimes make that function even more complex. Many larger financial institutions have facilities and staff devoted to those processes, which requires massive fixed costs. 

Integrating all of your ATM services will save you money in the long run. Why was SCS ATM Replenishment created? Our customers were beyond ready for a simplified billing process and the consolation of ATM services and products. When you bundle, you save. It’s really that simple. 

These are just a few reasons financial institutions should consider outsourcing ATM Cash Replenishment services to a full-service ATM and Security company with a reputation for excellence. What makes SCS different from other ATM Replenishment businesses?

• STS expertise and time-tested and established processes will be applied to your cash handling.
• A more simplified and streamlined billing process. No more confusion or surprises!
• A dedicated level 2 technician on every… single… route.

By outsourcing, you will gain peace of mind, a predictable and simplified billing process that brings cost savings, and the opportunity to focus on the critical, profit-generating banking activities. Are you ready to transform your ATM cash management? Reach out to set up a free consultation or get more information.