Avivatech LLC, a leading software business specializing in cash and check automation solutions for branch banking and retail environments, marks the first anniversary of its launch. Since inception in 2021, Avivatech has been transforming how retail organizations and financial institutions manage paper transactions through its powerful software that streamlines cash and check handling, eliminates human error, improves security, and saves time while reducing costs and supporting decision makers with custom reporting.
Avivatech’s notable achievements and milestones include:
- New Customer Wins: The company grew its customer base for its CashWare® solution by 400 licenses, in more than 200 branches. Avivatech also added a tax municipality to its growing roster of organizations using CashWare® software.
- Expanding Resources: The company continues to increase its resources to deliver software and professional services by recently investing in nearly 50 technology associates, many of which have been involved with managing software and hardware conversions for more than 500 client locations in both banking and retail.
- Technology Innovations: Avivatech has developed and is releasing three new products in response to shifting market demands and ever-changing consumer behavior:
- The XpressCashTM cash automation solution is engineered to reduce the cost of retail cash transactions by accelerating and improving the accuracy of cash handling processes, while minimizing human involvement and increasing security and accountability with retail-focused features including a quick balance-to-POS receipts feature along with the ability to dispense and track cash payments and automated secure deposit preparation;
- The XpressControlTM web-based dashboard solution empowers retailers’ key personnel with the real-time actionable insights they need to monitor and manage their entire cash-handling network across all locations and devices; and,
- The QDSCaptureTM utility capture program for the QDS Transport supports Wholesale and Retail Lockbox capture work with multi-pocket sorting capabilities for a low cost, efficient solution in low and mid-volume operations.
“This past year, we entered several new verticals with our solutions and service offerings to further support our customers’ check and cash-handling needs,” said Jeff Hempker, President, Avivatech. “Avivatech has emerged as the new leader in innovative cash and check automation solutions, and we are committed to providing organizations the tools they need to seamlessly and efficiently automate their cash handling environment. Our team has accomplished a great deal in just one year, and we look forward to many more future successes.”
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