The Payment Choice Act makes it unlawful for a retailer to refuse to accept cash for payment. It is important to remember the importance of cash in society and protect consumer's rights.
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Many are aware of the nationwide coin shortage caused by the COVID-19 pandemic and businesses shutting down, and businesses are still struggling to have enough coin on-hand to operate efficiently and serve customers.
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Learn how waste of time and resources can be interruptive to the efficiency of your customer service model in your FI because your staff is performing administrative work as opposed to high value tasks such as supporting and selling to your customers.
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Logicpath Announces New Website to Reflect Rapid Growth in Cash Forecasting Software Marketplace. Click the link below to learn more.
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Cash orders can be delayed from an unexpected transportation change or because a holiday falls on a scheduled delivery day. Check out our latest blog to learn more.
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Identifying Lost Opportunities Within Your Financial Institution - Circumstances change over time that determine your goals, and lost opportunities can emerge as a result. Check out our latest blog post to learn more.
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Logicpath Announces New Milestone Version of Award-Winning Cash Inventory Management Software, C3 Financial - Logicpath Announces New Milestone Version of Award-Winning Cash Inventory Management Software, C3 Financial
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Having too much or too little inventory can be detrimental to your customers and your financial institution. However, inventory errors can and do occur, which create waste in the cash ordering process within your bank or credit union.
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Inefficient communication can have many detrimental effects on your FI’s overall efficiency that result in waste of time and money. Learn more by reading the blog below.
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FIs do not often consider the risk or expense associated with unnecessary cash movement around their network. The truth is, there can be a significant amount of waste hidden in the process of moving cash to and from your institution and cash points.
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Having too much cash, or too little, are both detrimental to a financial institution’s efficiency and create waste in different ways. In this blog, we discuss how inaccurate inventory levels are costly to FIs. Click the link below to learn more.
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In this new blog series we explore 7 areas of waste in banking that occur in the cash inventory management process and how you can identify them to improve your efficiency. #Supplychainmanagement#fintech
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In this blog post, we will discuss certain armored car cost scenarios that could be impacting your cash supply chain’s overall efficiency and bottom line. In addition, we will share our smart tips for an armored car cost analysis.
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Banks and credit unions have some of the most intricate supply chain systems in the world. The main driver for this is the increased use of sophisticated technology such as ATMs/ITMs, Video Tellers, Recyclers and Kiosks.
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