CetoLogic, a cash management software firm, announced that Georgia United Credit Union of Duluth, Ga. has selected its new branch and ATM cash management solution, C3 Financial.
C3 Financial reduces non-earning cash and increases operational efficiencies by consolidating workflow to money suppliers and armored car carriers. C3 Financial achieves an in depth understanding of the member's demands for cash while providing a forecast for future cash inventory needs.
"Our credit union requires lots of cash to satisfy our members' cash needs," said Jay Jones, director of finance/controller of Georgia United Credit Union. "We were impressed with C3 Financial's capabilities that will assist us in gaining a better understanding of our member cash demand, as well as, centralizing our cash procedures to reduce staff time."
"An effective cash management system must achieve four key objectives," said David Austin, vice president of CetoLogic. "It must improve cash operations, ensure accurate orders and deposits, reduce excess cash and reduce labor. We believe C3 Financial will help Georgia United achieve all of these objectives and are excited to partner with such a well-respected organization."