Name: WWS Cash Management
Author: Auriga

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Community

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Digital Experience Intelligence

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WWS Cash Management, developed by Auriga, is a software solution designed to optimize cash management for banks. This product caters to banks of different sizes, ranging from small regional institutions to large multinational organizations. According to the vendor, professionals in the banking and cash management industry, as well as financial institutions, retail banking, and ATM network operators, can benefit from the advanced features and functionalities offered by WWS Cash Management.

## Key Features

**Automated Cash Management**: WWS Cash Management provides automated cash management capabilities for banks with a focus on minimizing out-of-service time by continuously monitoring the cash replenishment process in ATMs. The solution aims to optimize cash management at cashpoints, potentially resulting in reduced restocking and retrieval costs, lower insurance expenses, and enhanced security.

**WWS Cash Predictive**: The WWS Cash Predictive module utilizes predictive "self-learning" data to forecast the cash requirements at each cashpoint. By analyzing historical cash movements and considering factors such as location, insurance, and scheduling, the module aims to optimize cash delivery and pick-up. According to the vendor, this module provides instructions to the WWS Cash Console module based on the predictive data.

**WWS Cash Console**: WWS Cash Console serves as the front-end module responsible for managing and monitoring the entire cash management process. It receives on-demand counts and data from the WWS Cash Predictive module, performs validation of calculations, and has the capability to make necessary corrections or refuse calculations if required.

**Multivendor and Multichannel Support**: WWS Cash Management is a fully multivendor and multichannel solution designed to manage various types of cashpoints both inside and outside branches. It offers support for cash dispensers, multifunction ATMs, recycling ATMs, ASDs or TARMs, and branch windows with TCR in shopping centers. According to the vendor, the solution aims to provide positive results for the entire cash trail, regardless of the vendor or channel used.

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Sellbrite enables brands and  retailers to list and sell products across multiple online sales channels and gain centralized control over inventory and orders. Sellbrite’s cloud-based, channel management platform integrates with marketplaces and shopping carts.

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WWS Cash Management

Inventory management systems are built to handle every stage of the inventory process lifecycle. There are several essential components to most inventory management solutions, starting with order entry capabilities to handle purchase automation. Another standard feature: inventory control and warehouse management to track products and manage workflows through warehouse management. Inventory management systems also typically include distribution capabilities for supply chain management. Fully-featured inventory management systems may also include integrations with customer lifecycle service management, enterprise resource planning software, and robust financial analysis and insights.

Inventory Management

Auriga

The ability to track and manage the flow of goods or materials into and out of an inventory.

Inventory tracking

The software syncs orders and stock to maintain a real-time picture of inventory and supports multiple methods such as LIFO and FIFO.

Automatic reordering

The software can be set up to automatically reorder a good when it falls below a certain threshold.

Location management

The software can track multiple goods across multiple locations.

Serial number and batch tracking

Track individual items via serial number or batches of items made or purchased at the same time in addition to total stock of item types.

Barcode scanning

The software offers UPC creation and scanning capabilities or integrations for tracking inventory.

Automation rules

Rules can be established to automate reordering items, applying tags to organize inventory, creating production orders, shipping items via specific carriers or methods, and more.

Reporting and analytics

Reports about historic and current inventory and order trends are available.

Fulfillment

When orders are received, pick orders are sent to the ideal location and fulfillment status can be tracked.

Backorder management

Backorders are prioritized and fulfilled as new stock arrives.

Returns management

Returns are processed and accounted for among orders and inventory.

Bill of materials management

The software can create and manage BOMs based on orders.

Item kitting

Items can be bundled and sold together in a kit, and the software will automate the necessary tracking and fulfillment steps to manage each individual item.

Invoicing

Invoices for orders can be created and sent, and invoices from suppliers can be managed.

Forecasting

The software predicts future inventory and order trends, and may offer reordering and production suggestions based on these predictions.

Accounting integration

The software integrates with accounting software for more comprehensive bookkeeping.

Point of sale integration

The software integrates with a point of sale system for payment processing.

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WWS Cash Management

Overview

What is WWS Cash Management?