The SENERGY Internet Change Order (“ICO”) tool enables a multi-location bank, or retailer to centrally manage cash orders for all their branches.

Once the orders are placed by the individual branches, the system aggregates the orders for bulk delivery from the Federal Reserve to the Loomis locations which provide the secure transport, and often cash processing services. Loomis vaults then prepares the cash for delivery to individual bank branches. Depending on the number of branches in your network, this can create a dramatic reduction in Federal Reserve excess delivery end point charges. The result is a cost effective and efficient solution.

For banks which already deploy a cash management software tool to forecast cash volumes, ICO can be linked to a feed from the software to place orders. By doing so, we can create an exceptional level of visibility and centralized control for the bank’s cash management group. Often this results in significant cash inventory reductions.

ICO is secure and easy-to-use. For customers, ICO has replaced the inefficient, and hard to track method of faxing or telephoning in orders. With ICO, the chance of error is reduced, you can establish order limits and you will have an aggregate, accurate summary of the day’s branch cash order activity quickly and without manual intervention.

Benefits of the SENERGY ICO tool include:

• Central approval of orders
• Multiple orders to single point
• Change order breakdown
• Less restriction on currency composition
• Reduction of Federal Reserve “end point” charges
• Increased speed in transaction processing and reporting
• Increased control of inventory with better visibility throughout the order-to-fulfillment cycle