SOURCE: Balance Innovations LLC

May 02, 2008 10:00 ET

Balance Innovations and NCR Integrate Self-Checkout Into the Back Office

LENEXA, KS--(Marketwire - May 2, 2008) - Balance Innovations today announced the integration of its VeriBalance software solution with NCR Corporation's self-checkout solution, NCR FastLane™.

This integration, provided by Balance Innovations' vbScout, allows a retailer's back office to operate more efficiently by automating the balancing and reconciliation of NCR FastLane terminals. They can also reduce how often self-checkouts are balanced by monitoring cash levels from the back office. The integration of NCR FastLane and the back office makes self-checkouts just as easy to manage as they are for customers to use.

vbScout capabilities include:

--  Provides real-time monitoring of self-checkout cash levels dispensed
    and accepted
--  Allows user to set thresholds and alerts for cash replenishment and
    pickups
--  Offers automatic and full balancing options
--  Enables cash forecasting for self-checkouts with vbForecast
--  Provides the cash office with a "window" into the self-checkout
    

Benefits of vbScout include:

--  Reduced labor through automated and flexible balancing of self-
    checkouts. Retailers can now choose when and how often to balance and
    reconcile.
--  Higher service availability by alerting personnel to low cash
    situations before they affect the customer
--  Automated cash pickup notification based on cash levels in the
    acceptor
--  Efficient cash usage
--  Improved security as the units are balanced more quickly and less
    often
    

"We're excited about working with NCR to offer this capability to self-checkout users," said Gil Anderson, chief operating officer of Balance Innovations. "Self-checkout deployment continues to grow and become an important element of serving the customer. This integration efficiently manages this valuable service and helps ensure maximum availability to the customer."

About NCR

NCR Corporation is a global technology company leading how the world connects, interacts and transacts with business. NCR's solutions and comprehensive support services address the needs of retail, financial, travel, manufacturing, distribution, healthcare, hospitality, gaming and public sector organizations in more than 100 countries. NCR (www.ncr.com) is headquartered in Dayton, Ohio.

About Balance Innovations

Balance Innovations LLC is the leader in technology-based cash management solutions for the retail industry. Our leading-edge, customizable solutions integrate seamlessly with existing POS technologies to simplify and improve retailers' cash office management operations including revenue balancing, check processing, cash forecasting and tracking of non-cash tender items. Balance Innovations' premier product, VeriBalance, is a patented, innovative, easy-to-use software solution that is helping retailers across the United States and Canada increase profitability and improve operations by reducing labor, bank fees and shrink while standardizing and enforcing best practices and policies. Customers range from independent grocers to Fortune 50 retailers.

Contact Information

  • Contact:
    Kerri Holtzman
    Director of Marketing
    913-599-1177