Efficiency and Security in a Box
The G+D Currency Technology NotaTracc® tray at GSA and LOOMIS in Austria. The crucial component for greater automation, efficiency, and security in the cash cycle: “The vision of cash processing without manual intervention moves a great deal closer”.
Geldservice Austria Logistik für Wertgestionierung und Transportkoordination GmbH (GSA), and partner LOOMIS ÖSTERREICH (LOOMIS) have been successfully using the NotaTracc® tray developed by G+D Currency Technology since May 2018. Since 2016, GSA has been using the NotaTracc® loading module for automated loading of banknotes into the BPS® M7 with a gripper replacing a manual operation.
However, for Günter Ernst and Stefan Varga, the two Managing Directors of GSA, implementing the NotaTracc® loading modules was just a first step: “It quickly became clear to us that, to fully utilize the benefits offered by the NotaTracc® system, we wanted to also use the tray, not just in our Vienna cash center, but also in collaboration with our partners.” NotaTracc® offers two components: The loading module is an intelligent automation solution for banknote processing, while the tray is a standard container that enhances efficiency in logistics.
A transport medium for all players in the cash cycle
Since May 2018 LOOMIS has been directly delivering its deposits to GSA in sealed NotaTracc® trays, replacing the bundles of banknotes they previously used. “Although this may seem like a small change, it enhances the efficiency and security of the cash cycle in Austria, and has also resulted in simplification of our processes,” explains Regina Mittermayer-Knopf, Managing Director of LOOMIS.
G+D Currency Technology sees these trays as a key step in optimizing the cash cycle: “All institutions are moving towards greater efficiency but to go all the way, we must look at the entire cash cycle – across all institutions participating in it,” explains Christian Huber, Director of Business Development for High Speed Systems at G+D Currency Technology. “The solution lies in introducing a transport and storage medium that is used by all players in the cash cycle, and which makes the automation of cash handling cost-efficient. That’s precisely what we’re striving to achieve with our trays.”
Self-explanatory use, direct measurability
“We are firmly convinced that new technologies in cash logistics will become widely established – provided that new opportunities for collaboration are created. The hurdles to acceptance must be kept low, and ease-of-use kept high,” adds Günter Ernst. “The NotaTracc® system meets this need. It is self-explanatory and the effects of automation can be immediately identified and measured, making our employees’ work significantly more ergonomic.”
For GSA and LOOMIS, the use of the NotaTracc® system together with the tray optimizes the number of individual steps in cash logistics, with sorting, banding, or bundling of banknotes reduced to a minimum. “With intelligent automation solutions such as NotaTracc®, G+D Currency Technology facilitates customers to get much closer to a ‘hands-off’ cash cycle,” Christian Huber continues. “The Austrian cash cycle moves a decisive and significant step closer to the vision of cash processing without manual intervention.”