AVARO - cash management | BMS | Modern IT Solutions

Avaro provides full support for cash management business processes

Modern cash management requires more sophisticated tools than spreadsheets or standard logistics systems. Cash management platform AVARO allows to take reliable and efficient decisions concerning cash management that result in a significant cost reduction. AVARO combines the full service of all business processes in the bank in the area of cash transactions with mechanisms for forecasting and optimizing transport plans for example through integration with the bank infrastructure.

AVARO provides full support for cash turnover business processes. Our platform is equipped with all essential functionalities needed in the headquarters, branches and vaults as well as with those designed for bank's corporate clients. AVARO supports all cash streams - deposits and withdrawals, transports among cash-points and branches, ATM network, vaults, corporate customers, cash exchange with the National Bank and with external banks.

Forecasting and optimization engine is an independent module that can be easily integrated with the platform. Its purpose is to generate a recommendation of optimal cash transport to branches, ATMs and vaults. It is powered with the historical process data on cash turnover in the bank. Basing on those data AVARO forecasts cash levels for the following days and sets and recommends the optimal transport plan.

Anna Cieślik:

Deutsche Bank Polska S.A.

During the implementation of AVARO system in Deutsche Bank Poland SA BMS team showed great commitment, great professionalism and broad technical expertise that allowed us to collectively achieve the objective of launching AVARO in the entire network of the Bank. The system meets our expectations, improves the daily operational work of hundreds of our employees in the whole country, and constantly brings significant savings in cash management. With full confidence I can recommend the choice AVARO as a system supporting the processes of cash management. I am also convinced that the implementation of the system by BMS will be efficient, professional and successful.

Headquarters processes - network

Requirements corrections and approvals
Forecasts generation and Transports optimalisation
Transports execution control
Cash records in the bank
Transfers
Operational reports
Administrative activities

Branch processes

Requirements
Cash commission status service
Ad hoc cash commissions
Cash reports
Raporty kasowe, protokoły różnic

Headquarters processes – corporate clients

Managing clients database and their location
Cash deposits orders
Scheduling deposits
Close payment records
Preparing invoices

Corporate Client processes

Ordering deposits
Scheduling deposits
close payments preview

Cash processing facilities and convoys processes

Cash commissions reception
Cash commission status service
Corporate deposits service

AVARO – cash management and optimization

Cash management - effective and convenient optimization solution