Compass Cash Center from G+D now also available as SaaS solution
Munich, October 12, 2023 – The demand for efficient cash management is growing worldwide. To find the right balance between functionality, flexibility and cost, Giesecke+Devrient (G+D) now offers the Compass Cash Center as a highly scalable software solution from the cloud.
Cash center management is a complex network of processes that requires many resources. Software solutions can bring greater efficiency and automation to this area by optimizing workflows, making them more transparent, and improving predictability with real-time data. G+D Compass Cash Center is a modular software solution for central banks, commercial banks and cash-in-transit companies that digitizes and automates processes within the cash center. It covers the full cash center management including inbound deposits, outbound orders, ATM replenishment and inventory management plus the tracking of all cash movements within the cash center. The solution is offered in three variants (Starter, Premium and Enterprise) and can be integrated into existing IT architectures via a wide range of interfaces.
In addition to the proven, widely used on-premises solution, Compass Cash Center is now also available from the cloud via a flexible, highly scalable software-as-a-service (SaaS) solution named Compass Cash Center Cloud. The SaaS model offers the following key benefits:
- Improved cost efficiency: Compass Cash Center no longer needs to be installed in the customer’s data center. This reduces IT operating costs, simplifies IT administration and increases cash management efficiency.
- Quick and easy access: No software installation is required on users‘ workstations, as it is operated through a web browser. Enhanced control of the cash center can be performed anytime via browser access.
- Increased scalability, flexibility, and availability: Cloud services are highly scalable. They adapt quickly and easily to changing needs ensuring higher availability of the solution.
The SaaS version of Compass Cash Center complies with over 100 regional and global data protection standards.
Compass Cash Center Cloud is available now, initially with the two variants Starter and Premium, with Enterprise to follow in 2024. The scalable Starter version is designed with functions such as deposit and order management and inventory management. The Premium version offers complete cash management for the commercial sector, including ATM replenishment.
„With G+D’s Compass Cash Center, users can improve both the profitability of their operations and the service they offer their customers,“ explains Ross Knight, Director of Business Development and Product Management at Giesecke+Devrient Digital Solutions. „The SaaS solution now gives them the freedom to choose the variant and hosting model that best suits their cash management needs. This underlines the value of G+D as a market-driven, trustworthy and highly experienced solution partner in the cash cycle.“
About Giesecke+Devrient
Giesecke+Devrient (G+D) is a global security technology group headquartered in Munich, Germany. As a reliable partner for international customers with the highest standards, G+D’s solutions safeguard the essential values of this world. The company develops customized technology with passion and precision in four core areas: Payment, Connectivity, Identities and Digital Infrastructures.
G+D was founded in 1852. In fiscal year 2022, the company generated sales of 2.53 billion euros with more than 12,600 employees. G+D has 103 subsidiaries and joint ventures in 33 countries. Further information: www.gi-de.com.
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