CASHNet Departmental Deposits
“There has got to be an easier way!”
CASHNet's Departmental Deposits solution streamlines the collection of funds outside of the Business Office. It automates the deposit preparation for funds collected at various locations.
Value to your Campus:
- Reduced administrative time in the Cashier's Office.
- Automatic, streamlined GL posting.
- Cash management opportunity - Business Office may view the outstanding amount of cash and its location on campus at any given time.
CASHNet's Departmental Deposits solution provides a paperless service for departments throughout your institution that accept payments for a variety of goods and/or services. Instead of working with transmittals and other accounting documents, CASHNet allows department users to make a deposit entry detailing any general ledger accounts impacted by the deposit.
Operators in the Cashier's Office can then verify and complete the deposit, eliminating the need for any duplication of keying. Deposits can be made at any time, according to your institution's local policy.
" I want to thank you so much for coming down to Gainsville and helping us install the new Cashiering system. I think it is a great idea for all of you to be available during the implementation. I am sure a system change is always stressful and you guys did a great job of staying positive, helpful, and patient with us. Our old cashiering system was dependable but full of old technology and needed replacing. I am sure that our new cashiering system will offer us many advantages for years to come."
Stuart Hoskins,
Associate Controller,
University of Florida