Successful Duo in Cash Management: ALVARA Logistics App and KÖTTER Security Cloud in Rollout
Package Tracking is High-Tech at KÖTTER Money & Value Services
The joint solution for tracking the entire cash process in real-time by KÖTTER Money & Value Services SE & Co. KG in collaboration with ALVARA Cash Management Group AG is already in use at three locations of the money and value service provider. The Android-based tour scanner technology has been introduced at the Duisburg location and in the cash centers in Dortmund and Cologne, bringing added value to all participants in the cash process.
For the first time, data such as the number of safe bags, pick-up time, driver ID, and digital receipts are securely transferred in real-time to the encrypted KÖTTER Security Cloud and are available for further processing or evaluation even during the tour. As a result, accounting and auditing teams, for example, access all track & trace data faster and more efficiently, and cash centers save time and costs through centralized management and efficient device management. Internal and external reporting is also greatly simplified.
Security and availability are the top priorities during the transparent cash process: Access to the fail-safe KÖTTER Security Cloud, where all data is centrally stored, is via encrypted connections and prevents data loss even in the event of scanner defect or loss.
Frederik Nitschke, Head of Operations, Finance, and Risk Management, is very optimistic about further collaboration with ALVARA. "With Bernd Hohlfeld’s team, we have found a very creative and flexible partner on our path to innovation. The next projects are already in planning."
Additionally, the installation of the solution nominated by the expert jury as a finalist for the security innovation award 2016 is planned for this year in the cash center in Bremen and at the Paderborn and Aachen locations.
About ALVARA Cash Management Group AG
As a mid-sized information logistician, ALVARA has redefined cash management. The comprehensive industry know-how enables understanding and networking the interests of cash stakeholders in finance and retail as well as value service providers. Under the motto "Keep Your Cash in Sight," demand-driven IT complete solutions for the cash cycle are offered. A largely standardized approach is pursued, which is also associated with implementing industry and customer-specific requirements. The use of the latest technologies and close partnership collaboration with customers ensures market requirements and trends are prudently incorporated into development. For example, the ALVARA Coin Marketplace for trading coins online was developed. ALVARA works proactively and strategically with its customers. The project management and software development process ensures high quality of solutions, which are available through certified data centers.
KÖTTER Money & Value Services SE & Co. KG is a Strong Service Provider of the KÖTTER Group
The KÖTTER Group is a modern and innovative company group based in Essen, which has been family-owned since its founding in 1934. For more than 82 years, it has been an experienced and competent partner in security solutions. As a professional provider of system solutions, the KÖTTER Group offers tailored security services, security technology, cleaning, and personnel services from a single source. Last year, the KÖTTER Group generated 502 million € in revenue with its approximately 18,100 employees at more than 50 locations in Germany.
The KÖTTER Money & Value Services SE & Co. KG of the KÖTTER Group has been a partner for all stakeholders of the cash cycle for more than 45 years. Money and value transports as well as cash processing for credit institutions and trade are among the main tasks, but also the complete scheduling of machines and individual drop safe solutions are part of the service spectrum. A key success factor of the company is innovations that offer increased customer value. For example, customers can place their orders for cash supply and disposal via the web-based KÖTTER Cash Service Portal or quickly and conveniently report disruptions to cash machines and check the repair status in real-time. More information: www.koetter.de