De La Rue Launches Quick Deposit Processing for Breakthrough Improvement in Cash Center Efficiency
Performance of patented new process reports significant improvement in banknote sorter and cash center efficiency.
(PRWEB) November 8, 2007 -- De La Rue, a leading supplier of cash processing solutions, today announces a major productivity enhancement for banknote processing operations, Quick Deposit Processing (QDP™). Building on the success of Automated Commercial Deposit Processing (ACDP), QDP™ dramatically increases the processing efficiency of the cash center.
Using the patented QDP™ process banknotes are entered into the sorter in batches along with a header and trailer card per batch. However, unlike the traditional ACDP process the trailer card is placed at the front of the batch and the header card at the rear of the batch. The simple switching of the PCD cards enables the sorter to automatically remove many of the notes that would have previously been sent for off-line reconciliation by identifying batches with no rejected banknotes.
De La Rue believes that productivity improvements of up to 65% can be gained in the reject reconciliation process. Ed Brindley, Head of Pre-Sales and Product Management at De La Rue explains, "The introduction of QDP™ will significantly reduce the volume of rejected notes which would otherwise require time consuming manual checking. In addition, the decrease in the weight of notes (1,000 banknotes typically weigh 1kg) that are required to be moved around the cash center improve the overall efficiency and speed of operation."
Sanjay Razdan, Managing Director Cash Processing Solutions, De La Rue, states "QDP™ represents another milestone in De La Rue's drive to deliver improved performance, productivity and security. We are proud of our commitment to continually provide innovative solutions that optimize cash handling operations for our customers globally."
Efficient cash processing operations rely on repeatable, robust procedures that allow cash to be turned around in the shortest possible time whilst reducing the overall cost per note. QDP™ minimizes the time that cash sits in the cash center as a non-earning asset, allowing it to be recycled in ATM and branch networks and ensuring that customers receive fast credit for deposits.
QDP™ is available now for De La Rue's industry-leading range of high speed CPS and desktop Cobra® banknote sorters.
About De La Rue (www.delarue.com)
De La Rue is the world's largest commercial security printer and papermaker, involved in the production of over 150 national currencies and a wide range of security documents such as travelers' checks and vouchers. The Company is a leading provider of cash handling equipment and software solutions to banks and retailers worldwide, helping them to reduce the cost of handling cash. Employing over 6,000 people across 31 countries, De La Rue is also pioneering new technologies including tailored solutions to protect the world's brands through to government identity solutions in secure passports, identity cards and driver's licenses.
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