ASSET MANAGEMENT|EUROPE|

Asset Management for A Russian Bank

Background
 
A bank in Russia has large amounts of cash flow between its bank vaults and outlets every day. In order to ensure the security of cash flow, it is crucial to select a bank-specific barcode scanning terminal with reliable performance. With barcode scanning technology and powerful information storage capacity, Chainway mobile handheld terminal is ideally suited to meet the needs of financial convoy management, so banks can track the location of their cash boxes, person in charge of the cash boxes, which optimizes cash box convoy process and improves work efficiency and financial security.
  

Challenges
 
  • There are problems such as unclear handover of personnel in the transfer of cash boxes and unapproved work replacement.
  • Due to a large number of cash boxes, human operations inevitably make mistakes.
  • The number of input and output of the warehouse is not accurate, which will cause difficulty in investigating thus brings certain losses to the enterprise.
  • Due to the lack of information exchange between departments promptly, the collaboration between departments is less efficient.
  • Managers cannot collect and analyze the data of business operations such as periodic cash increase, increase rate, business efficiency, business errors etc., so have no data support to perform incentive management for employees.
 
Solution
 
The staff receives the warehousing order through the handheld terminal, and records the cashbox information by scanning the label. Meanwhile, data is transmitted to the server, which provides an accurate database for other businesses. It boosts bank operational efficiency and improves the accuracy of the vault management.
 

Effects
 
  • The transfer work of the warehouse is simplified, so as to save labor cost.
  • Automated vault management operations significantly improve the efficiency of warehouse management and boost the security of the convoy process.
  • The administrator can quickly get the information of the transfer data on the background system for better data analysis.
  • It can realize more precise control of input and output of warehouse, so that managers can develop warehouse management strategies in a timely manner.
 
PDA Configuration

P/N: C72
Function: UHF, 2D
 
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