Track & trace software solutions in the cash sector:
ALVARA | Digital Solutions expands solution portfolio
Leipzig, 17/09/2020. ALVARA | Digital Solutions, a group of companies, specialized in track & trace
software solutions for the cash cycle and logistics, is drawing synergies from its holding company and
expanding its product portfolio. The Group is responding to the increasing digitization in the financial
and retail sector, which is making the need for secure and cost-efficient software solutions for cash
processes even more apparent.
“Our starting position to react to changes in the market is optimal due to the acquisitions of IT
Kompetenz Gesellschaft für innovative Informationstechnologie mbH and Safelogy SAS,” says Bernd
Hohlfeld, Managing Director of ALVARA | Digital Solutions. “Because all the companies in our holding
company work together with cash-in-transit companies (CIT), retailers and financial institutions, they
have many years of experience in cash management and handling. The resulting synergies are a
valuable component of our strategy to expand our European market leadership.”
Positive economies of scale can be seen in the development of software for cash centers / CIT
companies, for the main cash stations / financial institutions or for the ALVARA ICC online platform (for
all cash handlers). The competence bundling within the Group ensures the harmonization and optimal
advancement of solutions and adds new services to the ALVARA | Digital Solutions portfolio, such as
the proactive monitoring of smart safes via Safelogy’s Universal Cloud. In the future, these devices will
be able to order their own maintenance, order money or request a CIT company – all in the spirit of IoT
(Internet of Things). Digital driver legitimation including digital receipts and one-time code generation,
which aims to digitize physical keys, is also possible now. The synergies also have an impact on basic
functionalities, such as ticketing, centralization of master data or central billing (automatic invoicing).
“Our existing and future customers will benefit from our bundled and constantly growing process and
branch know-how,” says Thomas Vietze confidently, second Managing Director at ALVARA | Digital
Solutions. “With the help of our solutions, they can drive forward the digitization and automation of
their processes – even without media discontinuity, since all solutions are networked across all cash
players”.
The field-proven and widely used ALVARA ICC platform serves as the central data broker. All technically
relevant data converges here and is distributed to the networked systems (for example by IT
Kompetenz and Safelogy). In this way, the IT solutions in the various areas can communicate seamlessly
with each other and create measurable added value for customers.