ATM Cash Reconciliation: Definition, Problem & Solution
Among ATM (Automated Teller Machine) Types, Cash Dispensers are expected to hold the dominant position in the global ATM managed services market during the forecast period (2017 – 2027). Cash dispensers are uni-directional device, cash is manually loaded and dispensed to customers. Cash dispensers are commonly deployed at banks and cost less than other ATM […]
برنامج تسوية إدارة النقد لأجهزة الصراف الآلي الكل في واحد
برنامج تسوية إدارة النقد لأجهزة الصراف الآلي الكل في واحد الفوائد الرئيسية التوفيق بين البيانات بأي تنسيق الوصول إلى التحليلات في الوقت الحقيقي تلبية المتطلبات التنظيمية قابل للتطوير بالكامل لدعم توسع الشركة متاح في الموقع أو في السحابة القضاء على العمليات اليدوية المعرضة للخطأ إظهار مسارات مراجعة شاملة برنامج الكل في واحد تحقيق تقارير بصرية […]
Cash Management Trends and Challenges in 2022
In 2022, we are experiencing a unique set of challenges within the Cash Management industry. Across the world, we have all been battling to recover after the global pandemic. With concerns to public health, countries introduced restrictions to limit interactions. Therefore, customer behaviour shifted, changing the landscape of Cash Management. We have needed to adapt […]
The Importance of Internal Controls Over Cash Management
Traditionally one of the most significant challenges facing the Cash Management industry has been managing threats to the physical security of funds, establishing the need for internal controls over cash management. The industry continues to meet the increasing demands of improved processing, efficiency and value for money. Nevertheless, Cash Service Providers (CSPs) face the continuous […]
Automated Reconciliation in Accounting – Should You?
It is no secret that over the past two decades, the evolution of digital transformation has impacted businesses far and wide. If you do not keep up, you may be left behind. Automation and digitalisation go hand-in-hand, making typical manual tasks easier and faster. It is vital to move with the market to remain competitive. You […]
Can Improved Management of Exceptions Reduce Overheads and Facilitate Data-Driven Decisions?
Sonas understands that identifying and solving exceptions are crucial to validate and maximise cash flow. Exceptions often stem from errors surrounding individual transactions. It is common for the root cause to be unknown. If a thorough audit trail exists and has been documented through the initial process, exceptions are easily identified and investigations are effortless […]
Choosing Between Multiple Integrated Solutions and All-In-One Reconciliation Solution to Manage Your Business
Cloud-based solutions are rapidly growing. As the benefits of cloud computing keep emerging, more firms are turning to all-in-one software solutions for a variety of processes such as an All-In-One Reconciliation Solution. When it comes to business operations, using technology improves performance and efficiency. Even if it means investment, technology should not be seen as […]
