2. Agenda About Triton Traditional Cash Management Smart Cash Management Remote Access Tools Provisional Credit Challenges Benefits Return On Investment
3. 30-year brand with an install base of 200,000+ Global presence in 24 countries Designed, manufactured, and supported in the US
4. Triton Roadmap – We Are Listening Economy forcing manufacturers to diversify Added-value services to grow existing customer base Increased functionality through SW and HW enhancements Technology is advancing at a record pace (e.g., smart devices) The name of the game is DIFFERENTIATING
5. Traditional Cash Management Before we discuss Triton’s solution, let’s summarize traditional cash management Reconciling @ 1.5 hours Deposit Preparation @ 0.5 hours Driving to/from FI @ 1.5 hours A manager making $20/hour can cost up to $2,100/month…just for cash management
6. Smart Cash Management What is a smart device? Revolutionizing the way people access and provide critical data Situated: recognizing and processing situational contexts (checks, cash, validated) Personalized: tailored to your needs (users, passwords, security, access) Adaptive: change according to your needs (accepted currency, optimize routes) Pro-active: anticipate your plans (forecasting)
7. VersaSafe™ Comprehensive, closed-loop, smart, solution that transforms traditional cash management Reduces cash shrinkage, cash touch points, cash float, and the amount of time spent counting and reconciling cash Increases employee security concerns Increases the amount of time needed to run your business and gives you more time with your customers
8. 1. Here’s How It Works Retail Clerks drop currency in the VersaSafe throughout their shift Receive a Deposit Report detailing exactly how much currency was dropped At the end of each shift, Retail Clerks perform a Shift Close Provides a complete summary of shift activity
9. 2. Here’s How It Works Managers can review activity throughout the day Provides complete information on the currency in the VersaSafe – whether it be dropped cash, dropped checks, or validated cash At the end of each day, Managers can perform a Day Close Details all activity for the day
10. 3. Here’s How It Works As the VersaSafe approaches capacity, your Armored Car Carrier performs a Pickup Close Visits can be scheduled or just-in-time Provides a detailed total of the currency being removed from the VersaSafe Currency is consolidated and sorted at a cash processing facility Currency is then deposited at your Financial Institution (FI)
17. Remote Access Tools What is remote access or monitoring? Communication with a data processing facility from a remote location For remote access, individual authorization credentials are usually required to ensure safety, security, and traceability
18. VersaLink™ VersaSafe monitoring with VersaLink Real-time monitoring, reporting, management Complete visibility of revenue activity Remote diagnostics, system updates Web access from PC or smart phone
19. 1. Here’s How It Works VersaSafe owners set up their VersaSafe with VersaLink Identify the VersaSafe by SN, location name, contact name and number, and address
20. 2. Here’s How It Works Owners authorize access to their VersaSafe to others Retail Staff (CFO, Treasurer, etc.) Armored Car Carrier Financial Institution
21. 3. Here’s How It Works Each person with access can establish notification triggers via text and/or email messages Cassette % full Total currency Inactivity Heartbeats System status
22. 4. Here’s How It Works VersaLink is updated in real time as deposits are made at each VersaSafe Monitor denomination split, total bills, and % full per cassette Monitor total value in the VersaSafe
23. 5. Here’s How It Works VersaSafe data can be reported by date, time, user, and activity Complete audit trail Visibility of revenue activity View all deposit activity
41. What Is Provisional Credit? In short, provisional credit enables the funds in a smart safe to “work for the retailer” even though the funds are still physically at the retailer’s location
42. 6. Here’s How It Works (New Step) At the end of each day, your Financial Institution receives Day Close data Provide credit on validated cash Gives retailer faster access to cash while the cash is physically still inside the VersaSafe
70. Benefits What does all of this mean? Multi-partner business strategy Retailer Armored Car Carrier FI Everyone needs a WIN
71. Benefits Retailer Reduce shrinkage (internal / external) and float Create an automated cash trail; increase productivity Reduce cash management time; spend more time with customers Put security in the hands of the experts; reduce employee security concerns Optimized armored car carrier relationship Remote real-time access to revenue
72. Benefits Armored Car Carrier / Service Provider Revenue from hardware sale; monthly service and monitoring agreements Optimized pick-up schedule; increased armored car business Potential to gain ATM service and cash business Remote real-time access to cash positions Branded program potential
73. Benefits Financial Institution Differentiated service for current and new customers; customer retention tool Adds more value to merchant account program Revenue generator for the provisional credit service HW lease revenue potential Free-up teller traffic Branded program potential
77. Conclusion Smart safe cash management is a WIN for the Retailer, Armored Car Carrier, and FI, regardless of the model Stand-alone Remote Access Provisional Credit Added-value services can grow existing customer base You must DIFFERENTIATE
78. Questions Kurtis Johnson kurtis.johnson@triton.com (228) 575-3290 http://www.triton.com/products/versasafe