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.
Providing insight into your cash operation in and beyond the store.
Allow Glory to manage the cash from your entire store to the bank and back again. For essential reconciliation and oversight of your existing bank and Cash-in-Transit partners as well as a completely outsourced store to bank cash process, you can accelerate time to cash credit with Glory’s UBIQULAR Manage.
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.
What is Daily Provisional Credit?
Daily Provisional Credit is a service offered through Glory’s UBIQULAR Manage system. It lets retailers get credited for the cash stored in their cash recycler, directly into their bank account. With Manage, you can cut down on the number of cash pickups by CIT (Cash-in-Transit) companies, eliminate the need for store managers to make daily bank deposits, and get quick access to cash for daily operations.
Retailers benefit by saving on cash handling costs and gaining faster access to funds.
Glory tracks the cash in the recycler and provides daily credit based on that amount. The goal is to reduce CIT visits and their costs. When pickups happen less often (e.g., twice a week), the cash recycler holds money from several days of sales, not just one.
Product Highlights
Cash management services every step of the way
UBIQULAR is taking cash automation solutions to the next level
