UBIQULAR™ Manage - Cash and CIT Management

Running a retail business encompasses many functions and the smooth management of your cash flow is essential to generating profits. At every step, you need to ensure cash taken into your business is working for you as soon as possible. Comparing cash in transit (CIT) prices and negotiating contracts is an administrative task that, with Glory’s managed service, will gain retailers time and CIT independence. 

INTRODUCING UBIQULAR MANAGE

Providing insight into your cash operation in and beyond the store.

Allow Glory to manage the cash from your entire store to bank and back again. Whether your need is essential reconciliation and oversight of your existing bank and Cash in Transit partners, or whether you are looking to outsource the entire store to bank cash process and realize accelerated time to cash credit with other partners, Glory’s UBIQULAR Manage solution, can help.
AN OUTSOURCED MANAGED SERVICE

Taking in-store cash automation solutions to the next level

Glory’s uniquely independent solution allows your preferred bank and CIT partner to participate in an efficient cash management process alongside you, preserving your established relationships if you so choose. Our open approach equally means there is no lock in of CIT or bank as you develop your business further. 

What is Daily Provisional Credit?

Daily Provisional credit is a service provide through Glory’s UBIQULAR Manage product where the amount of cash available in the cash recycler collection cassette is credited to the retailer’s bank account. 

 

Provisional credit reduces the amount of CIT pickups required, alleviates the need for a store manager to perform daily bank deposit drops, and provides the business with immediate access to working capital (liquidity).

Provisional Credit Benefits for Retailers

Daily provisional credit allows a retailer to reduce cash handling costs and access liquidity immediately, the concepts are straight forward and easy to understand. 

 

Glory monitors the amount of cash in the collection cassette an provides daily provisional credit. The goal of this process is to reduce the number of CIT visits and reduce CIT costs. When daily CIT pickup is reduced to twice a week, the amount of cash in each pickup no longer balances to the daily sales amounts; the collection cassette maintains cash from multiple days of sales. 

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Product Highlights

Retailers who want to improve their safety and security 
Improved staff efficiency whilst reducing cash costs 
Saves retailers times as it removes day-to-day cash processing tasks for staff
OPTIMIZED CASH MANAGEMENT

Cash management services every step of the way

Potential realized benefits include accelerated credit of cash (subject to specific agreements), insight and/or optimization of your cash logistics contract and costs, reduction in store operations costs, improved safety of store staff, and reduction in cash losses due to improved loss prevention. Retailers can focus on their core business activities and relieves them of nearly all cash related labor.
FEATURED VIDEO

UBIQULAR is taking cash automation solutions to the next level

UBIQULAR™ Digital Services, from Glory, provide greater insight and actionable intelligence around the cash being processed in your business. Drive more value from your cash automation investment and realize further efficiencies in your operation; to allow you to focus on your core business with confidence.
You Count with Glory

Features & Benefits

Remote Monitoring and Update Management
Maximize device and business efficiency with no disruption during business hours
CIT Management
Optimized cash levels and cash management
Provisional credit
Reduces CIT collection frequency, eliminates dead cash, extra bank fees or reconciliation

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Smooth management of your cash flow is essential. Glory is here to help onsite and remotely. Learn more. 

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