The iATS © tool uses information from different sources. It imports the transactions from the Switch (ex: On/2, BASE24, Oasis, etc) by each daily cutoff date. The cash supply records as same of withdrawals are imported also from the ATM Software (ex: KAL, Commander, etc) which collects the information from devices connected to the switch.
After, it produces a report that contains the cash supply records (replenishments, remain cassette and purge cassette cash) which is compared with the information reported by the custodian company. If it is necessary, the staff must update the information on cash supply records.
The system processes information from both and produces the Customer refunds. At the end of the process, it produces the General Ledger GL records and the necessary information for any Cash Manager Tool (NCR Cash Management, Cash4U, etc).
The iATS © tool generates the ATM Cash Balance report at the macro or physical level, which covers the period between physical cutoffs, and the micro level, the detailed ATM cash balance that compares the debit value on the user’s bank account and the physical cash given by the ATM.
It deals with problems such as to debit from the customer account and non-payment at the ATM, which results in an operative remain,
and with cutoff gaps or difference between the time of physical cut-off and the cut-off time at the central system or switch, which results in a stripe of withdrawals that are summarized and included in the ATM physical cash balance.
The iATS © tool is an enterprise web application built under the JAVA / Struts2 platform. It can be presented or localized/translated into several natural languages.
It also makes use of technologies such as Hibernate that allows us to unbundle the database specification of the engine brand that is chosen by the financial institution, such as Oracle, DB2, Sybase, Informix, and others.
Reports are made in java-based Jasper Reports facility.
It takes advantage from ATM software (like KAL, Commander, XDA, Phoenix etc) for collecting electronic journal records. We have to convert the information from any ATM software to our interfaces in order to perform the extraction and reconciliation process (We assume that the information taken from ATM has the same initial and ending timestamp as the TLF taken from central Switch). Records about replenishments, cutoffs, and refunds are taken also from ATM software.
It can feed any Cash Forecast Software available in the market (Cash Manager, Cash4U etc) aimed to produce better cash supply predictions for each ATM. Usually, iATS © tool provides records on replenishments, cutoffs and debit totals taken from TLF.