AmSouth Implements Tellermate's Cash Handling System, Increasing Productivity And Mitigating Risks
08 3월 2004 - 10:01PM
PR Newswire (US)
AmSouth Implements Tellermate's Cash Handling System, Increasing
Productivity And Mitigating Risks ATLANTA, March 8
/PRNewswire-FirstCall/ -- Tellermate, the world's leading provider
of cash handling systems, today announced that AmSouth
Bancorporation has implemented Tellermate's solution in high volume
cash branches to increase teller accuracy and efficiency, while
improving security and customer service. AmSouth is a leader among
regional banks in the southeast, and operates more than 600
branches in Tennessee, Alabama, Florida, Mississippi, Louisiana,
and Georgia. AmSouth was looking for a way to improve efficiencies
at the branch level, specifically in the areas of large commercial
deposits and handling cash. AmSouth wanted to remove thelarge,
labor-intensive commercial deposits from the teller window -- in
order to reduce risk and customer wait times. Tellermate's solution
provides AmSouth with an extremely accurate way of counting large
amounts of cash (both coins and bills on the same platform) in a
timely manner. AmSouth chose Tellermate's cash handling system
because of Tellermate's proven ability to increase teller
efficiency and ensure ease of integration to the branch's PC teller
application, coupled with the systems' portability and ease of use
across several teller applications. "AmSouth looks to alliance
partners to help us solve business problems, advance performance
and provide us with best practices insight," said D. Kim Jenny,
senior vice president, Branch Performance Management at AmSouth.
"Tellermate is more than a supplier to AmSouth. The product
obviously works because our branch personnel keep asking for more.
Beyond that, their expertise and understanding of key cash
management issues has been a great value and added bonus to our
organization as we evaluate and address our cash processing
issues." AmSouth also installed Tellermate's TellerComK on-line
interface system, which transmits data from the cash count directly
to the branch's PC teller application. TellerComK eliminates manual
input as an automatic by-product of completing the cash count,
which saves additional time and improves accuracy. "We are thrilled
that AmSouth has chosen Tellermate to streamline their cash
handling procedures for large commercial deposits," said Phil Winn,
president of Tellermate. "Our goal is to provide financial services
organizations with a premier cash handling solution that improves
productivity while also lowering operational costs." Tellermate's
cash handling systems count both coins and bills on the same
platform with minimal maintenance costs. Tellermate's solutions
increase revenue, decrease costs, reduce risk, and improve customer
and employee satisfaction. Tellermate's Financial Service Provider
clients include such leading organizations as AmSouth, Barclays,
HSBC, Comerica, Key Bank, Union Planters, First National Bank of
South Africa, National City Bank, and many more. Retail clients
include Fortune 500 companies such as Wal-Mart, Blockbuster Video,
McDonald's, Kinko's, Limited Brands, CVS, Best Buy and Office
Depot, to name a few. About AmSouth: AmSouth is a regional bank
holding company with $44 billion in assets, 600 branch banking
offices and 1,200 ATMs. AmSouth operates in Tennessee, Alabama,
Florida, Mississippi, Louisiana and Georgia. AmSouth is a leader
among regional banks in the Southeast in several key business
segments, including consumer and commercial banking, small business
banking, mortgage lending, equipment leasing, annuity and mutual
fund sales, and trust and investment management services. AmSouth
also offers a complete line of banking products and services at its
web site, http://www.amsouth.com/. About Tellermate, Inc.
Tellermate, Inc., the world's leading provider of cash handling
systems for the retail, foodservice and financial industries, has
systems in use by some of the largest companies in more than 30
countries. More than $1 billion is processed each day through
technology invented and developed by Tellermate. Tellermate systems
help businesses increase revenue and decrease expenses by
automating the cash counting and management process. Tellermate
products (which are affordable, accurate and fast) support a broad
range of cash handling needs for businesses of all sizes, whether a
single store with one cash register or a global chain with fully
integrated back and front office requirements. With its United
States headquarters in Atlanta, Tellermate has offices in Toronto,
Paris, Tokyo, Johannesburg and Cardiff, Wales. For more
information, visit http://www.tellermate.com/ or call
1-866-281-6802. DATASOURCE: Tellermate, Inc.; AmSouth
Bancorporation CONTACT: Kristin Crosley, Marketing Communications
Manager of Tellermate, +1-770-220-5122, ; or Donia Crime,
+1-404-266-7578, or Rebecca Harbin, +1-404-266-7557, , both of
Weber Shandwick Worldwide, for Tellermate, Inc. and AmSouth
Bancorporation Web site: http://www.tellermate.com/
http://www.amsouth.com/
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