Program eliminates inefficient processes that lower productivity, raise costs, and block access to working capital
Avivatech LLC, an innovative software business specializing in cash and check automation solutions, today officially launched its Cash Optimization Program, a comprehensive hardware, software, and services platform that transforms the way businesses manage cash.
Built with retailers in mind, this nationwide program delivers smart safe technology, modern cash optimization software, and armored transport services to simplify cash handling, strengthen oversight, and unlock same-day provisional credit for deposits secured on-site. Businesses using the Cash Optimization Program benefit from increased productivity, reduced cash loss, streamlined reconciliation and reporting, and faster access to working capital.
“The Cash Optimization Program removes the barriers to modern cash operations for retailers and other businesses averaging more than $1,200 in daily cash receipts,” said Joe Alexandre, vice president of product operations at Avivatech. “As a single point of accountability coordinating third-party relationships and agreements, the Cash Optimization Program closes the loop on inefficient workflows that inject costs and risks throughout the cash ecosystem. As a result, retailers have easy access to the resources that keep their cash cycles running efficiently every day.”
Modular in design, the Cash Optimization Program uses a subscription and fee-based model to deliver the essential components of touchless, intelligent cash management:
- Advanced smart safe technology: The program currently offers smart safes from Cennox, which automate cash handling activities in store locations for greater accuracy in counts and balancing, effective counterfeit detection, and improved labor productivity.
- Expert cash logistics: The program’s precise cash-in-transit services align with customers’ actual cash needs to eliminate trips to the bank and reduce service fees, bank fees, and insurance costs.
- Enterprise cash visibility and control: The XpressControl® software, a web-based transaction monitoring and command center, integrates with smart safes to enable real-time views of cash transactions, automated cash balancing, actionable insights via dashboards and comprehensive reporting, centralized control of smart safes, and the initiation of change orders.
- Improved cash flow with provisional credit: Avivatech has partnered with a financial institution and innovator in the cash and payments industry to provide daily credit for validated funds each business day to clients’ bank account(s) of choice, enabling faster access to working capital, and improving operational efficiency.
- Implementation, training, and support: Avivatech built a turn-key service-delivery network to provide end-to-end support throughout the customer life cycle.
“The XpressControl software is the central nervous system of the Cash Optimization Program,” said Alexandre. “This software is integral to transforming fragmented cash operations into tightly connected and efficient data-driven ecosystems.”
Avivatech has a significant track record in leveraging automation to transform cash operations for various retail segments, including grocery, big-box home improvement, casinos, and government entities.
“Our Cash Optimization Program is redefining what’s possible with cash automation,” said Jeff Hempker, president of Avivatech. “Now, any cash-intensive business can achieve the frictionless cash cycles it needs to optimize in-store cash operations and maintain profitability.”
The Cash Optimization Program is available directly from Avivatech, as well as through financial institutions and the company’s reseller program.
“We are leveraging our reseller channel to meet the strong market need for advanced cash services and solutions,” said Hampton Hale, vice president of business development and marketing. “Technology providers and service partners can start solving their customers’ cash challenges with our comprehensive, ready-to-deploy solution.”
About Avivatech
Headquartered in Alpharetta, Ga., Avivatech LLC is a standalone subsidiary of Digital Check Corp. and is dedicated to transaction automation software. Formed from the software groups of Digital Check Corp. and Benchmark Technology Group, Inc., Avivatech possesses unparalleled expertise in cash and check automation workflows. For more information, visit www.avivatech.com.
Click here to learn more about Avivatech or follow the company on LinkedIn.
View source version on businesswire.com: https://www.businesswire.com/news/home/20251022609359/en/
Businesses using the Cash Optimization Program benefit from increased productivity, reduced cash loss, streamlined reconciliation and reporting, and faster access to working capital.
Contacts
MEDIA CONTACT
Jenelle Walthour
Senior Marketing Manager
jwalthour@avivatech.com
(470) 865-6100