Auchan by 1.5 times cut down expenses on collection due to implementation of the automated deposit machine of VTB

On July 22, 2019 the VTB bank reported that together with Auchan successfully completed the pilot on use of the automatic deposit machine (ADM) for online collection of revenue of the company. According to the results of the pilot the decision on implementation 15 ADM in Auchan network in Moscow is made.

Use of ADM allowed the company to cut down expenses on collection by 1.5 times and to provide online transfer of revenue into the account. Besides ADM has a number of essential advantages over classical collection, including an opportunity to hand over cash at any convenient time 24/7 and to reduce the number of arrivals of the cash-in-transit vehicle.

VTB actively cooperates with Auchan company for many years. Implementing the project on self-collection, we set before ourselves the purpose to offer a hi-tech product, to cut down expenses of the company on collection and to minimize the risks work-related with cash. The project with use of ADM became a key to success in achievement of an effective objective, noted Alexander Botsiyev, the head of department of sales of settlement and passive products of Department of transaction business - the senior vice president of VTB bank

During the pilot we were convinced that ADM, in addition to online of transfer of revenue, has some other advantages over classical collection: it is convenient in use, performs online authentication of notes, considerably saves the cashier's time for processing of cash in shop. For July, 2019 we made the decision on scaling of the project on other shops of network, told Olga Chudina, the vinansovy controller Auchan Retail Russia