Cash Vault Operations Workflow Template

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Overview: Cash Vault Operations Workflow Template

This workflow template illustrates the sorting, processing and balancing of cash vault deposits for retail and commercial clients. Purchase and download this template in PDF, Visio (VSD) and PowerPoint (PPT) formats. You can customize it to fit your own organization, or simply use it to better understand the Cash Vault Operations process.

Download a Free Sample of this Workflow Template


Process Details and FAQ: Cash Vault Operations

What is included in the Cash Vault Operations process?

The Cash Vault Operations process involves the sorting, processing and balancing of cash vault deposits for retail and commercial clients. This process includes mail and duffel bag sorting (currency bag inspection), data entry (all information related to the inspected items should be recorded in the bank's computer system), item processing and money balancing (the day's currency & coinage should be balanced against the grand total tape). Tellers should submit any straps, coins and loose bills to the vault before obtaining currency from the verification tellers. Ensure that the end of day balances account for all information collected from all tellers, rooms and all sales, purchases and errors (a physical count of all money balances against all other activities and reports is recommended).


Which KPIs, or metrics, are typically used to measure this process?

The following metrics may be used to measure the Cash Vault Operations process:


  • 1.Net Cash Over/Short per Teller
  • 2.Total Employees: Bank Tellers
  • 3.Unit Cost: Night Bags

Which employees and/or departments are involved in this process?

The following parties are typically involved in the Cash Vault Operations process:


  • Banking Representative
  • Cash Management Analyst
  • Lead Teller

What is the purpose of these workflow templates?

Broken business processes pervade companies, large and small. Manual workarounds, downtime, errors and other waste is thought of as "the cost of doing business." Use our workflow templates as a starting point to document your own processes. Customize them to fit your business and add "call outs" for improvement opportunities.


How are these workflow templates created?

These workflow templates are the product of over 20 years of hands-on management consulting experience, as well as research performed by the OpsDog team. All of our workflows are mapped using the BPMN 2.0 specification.


How do I download a workflow template?

Simply click the "add to cart" button and follow the process to purchase and download this workflow template. You can use any major credit card, or a PayPal account, to pay. After you have completed the purchase, you will receive a link to immediately download the workflow template in PDF, Visio (VSD) and PowerPoint (PPT) formats. If you aren't a registered OpsDog user yet, create a free account! New users get $20 off of their first purchase.


Questions?Call: 844-650-2888Email: info@opsdog.com
  • Workflow Template

    $15

    Cash Vault Operations

    - Instantly download files
    - Includes PDF, VSD, PPT file formats
    - Customize PPT and Visio versions
    - Mapped in BPMN 2.0 format

    Questions?

    Call: 844-650-2888

    Email: info@opsdog.com

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