ATLANTA, October 14, 2013 – 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.”
CetoLogic provides software solutions to financial institutions and retail organizations. Headquartered in Atlanta, Georgia, CetoLogic proudly services the needs of over 1,500 clients in all 50 states and Canada. CetoLogic is the designer of, C³ Financial, a web-based cash forecasting and management software. In addition, CetoLogic pioneered Deposit Reclassification, a retail sweep program designed to eliminate reserve balances. CetoLogic’s solutions improve earnings, staff efficiency, risk management and back office operations. For more information about CetoLogic’s solutions, contact them at 1.877.495.0687 .