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Thank you for helping Arriva plc to reduce its banking costs by identifying potential savings and assisting us in negotiating reduced prices with our bankers. We would recommend that other organisations looking to reduce costs in these areas should speak with you.
Brian Hall
Group Treasurer
Arriva Plc
I would like to thank Cash Management Systems Ltd for your assistance in the recent Cash In Transit project and tender process which has enabled us to achieve significant cost savings and an improved contractual position without the need to change supplier.
By means of CMS's bespoke scheduling software and expertise we have correctly aligned our collection profile to the individual requirements of our sites with a proficiency that would not have been possible in house.
We are extremely pleased with the results achieved and would strongly recommend that any retailer reviewing its Cash In Transit requirements should speak to Cash Management Systems Ltd.
Paul Farrant
Procurement Operations
BP Oil UK Limited
I would like to take this opportunity to thank Cash Management Systems for the work you have done recently during our Cash in Transit negotiations.
Your services have been invaluable, especially your help in enabling us to band every collection to the optimum level. Thanks to your benchmarking approach, and subsequent negotiation of our rates, we have achieved considerable savings without the need for a change in supplier or to make any operational changes.
I would recommend that other organisations reviewing their Cash in Transit requirements should speak to you.
Malcolm Rothwell
Cash Accounting Manager
Co-Operative Retail Group Limited, part of the Co-Operative Group
I would like to thank you for your assistance in helping Sainsbury's with the tender processes for both our cash in transit business and the sourcing of the provision of coin to our stores.
The negotiations resulted in a substantial reduction in our cash in transit costs without the need to change our main supplier. CMS also assisted Sainsbury's with the smooth transfer of business to a new provider of coin.
Darren Clark
Assistant Treasurer
J Sainsbury Plc
I would like to thank Cash Management Systems Limited for their assistance in our recent Cash Processing and Cash in Transit tender processes.
Your services in this combined tender process have been helpful to us and were handled in a professional manner.
Susan A Lantz
Deputy Group Treasurer
Marks and Spencer Plc
CMS has helped McDonald's to achieve substantial cost reductions in our CIT and cash banking operations. These savings have included fundamental reductions in supplier pricing without the need to make operational changes.
We are now working with CMS to ensure continued long-term cost control and improvements in supplier service quality.
We would recommend that other organisations looking to reduce costs in these areas speak with CMS.
Matthew Howe
Vice President - Financial Controller
McDonald's Restaurants Limited
With regard to the latest version of the cash Management Software installed earlier this year, I thought it would be useful to update you on the progress we have made to date.
Whilst we are continually working together to enhance the system, the initial signs are very promising. I have recently been contacted by our cash carrier, who wished to identify the reason for a reduction in cash deliveries in comparison to prior years. The reduction in cash deliveries is as a direct result of the cash management system optimising the cash deliveries to branches by comparing the increasing unit prices charged by Securitas against the falling cost of holding cash.
Yet again I am pleased to say that Cash Management Systems have succeeded in helping Northern Rock achieve real cost savings. These savings combined with the saving made with your assistance in identifying a new cash supplier through tire invitation to tender, have contributed in Northern Rock's objective of maintaining its enviable low cost base.
I look forward to improving our relationship over the coming years and equally identifying further areas for cash management related cost saving initiatives.
J P Deane
Finance Department Manager
Northern Rock Plc
I would like to take this opportunity to thank Cash Management Systems for the work you have done in regards to our Cash in Transit collection and delivery profile.
The CMS software and your expertise proved invaluable in reviewing our Cash in Transit schedule. Through the recommendations you provided, Somerfield was able to achieve substantial cost savings and improved cash flow whilst maintaining an acceptable risk profile at each store.
We are extremely pleased with the outcome of the exercise and would recommend that other retailers wanting to reduce Cash in Transit costs speak to Cash Management Systems
Caroline Evans
Head of Financial Processes
Somerfield Plc
I would like to take this opportunity to thank Cash Management Systems for their assistance in our Cash in Transit negotiations. Your services have been invaluable throughout a process that has seen a significant reduction in our CIT costs. I would recommend that other organisations reviewing their Cash in Transit arrangements should also speak to Cash Management Systems.
Nicola Grady-Smith
Corporate Purchasing
Tesco Plc
By implementing its Cash Ordering System, CMS has enabled Travelex to achieve a significant reduction in our branch cash balances whilst maintaining cash availability. They have also assisted us with streamlining our processes which has seen a further decrease in our costs.
Furthermore, throughout the course of our working relationship, CMS has acted in a proactive manner to maintain our optimum holdings, and has been highly flexible in adjusting to our internal process changes.
I would be pleased to recommend that other businesses reviewing their cash management should speak to CMS
David Wright
Operations Manager UK Retail
Travelex UK Limited