Kwik Trip Modernizes Cash Operations
Morphis and Evention Deliver an Integrated Cash Reconciliation and Forecasting Solution for Kwik Trip
Integrated solution automates cash reconciliation and change order forecasting using store transaction data and carrier delivery schedules, eliminating manual processes, improving accuracy, and saving more than 25 hours per week.
Kwik Trip has implemented an integrated cash management solution from Evention and Morphis to automate cash reconciliation and change order forecasting.
The integrated solution combines Evention’s Total Recon Cash Reconciliation platform with Morphis’ Award-winning AI driven Cash Forecasting tool to manage the full cash lifecycle within a single automated workflow. Using actual store transaction data and carrier delivery schedules, the system calculates precise change order amounts, eliminates manual estimation and review, and improves accuracy and accountability across all locations.
The new workflow is delivering more than 25 hours per week in operational & support time savings, eliminating the use of spreadsheets and manual calculations, allowing more time for the office support team to support the stores and do more analytical work.
“It’s inspiring to partner with a retailer that prioritizes both operational excellence and the customer experience,” said Mike Baldinger Co-Founder and Managing Partner at Evention. “By integrating reconciliation automation with advanced forecasting, Kwik Trip gains the visibility and control needed to operate efficiently at scale.”
“This integration shows what’s possible when automation and intelligence are applied to everyday retail operations,” said Alif Rahman, President of Morphis. “By applying AI-driven forecasting to real transaction and delivery data, Kwik Trip has replaced manual processes with a reliable, automated workflow that improves accuracy, strengthens controls, and delivers measurable operational savings across the enterprise.”
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About Morphis, Inc.: Morphis, Inc. is the recognized world leader in global currency supply chain automation. Morphis’ portfolio of cash management software products is used today by central banks, depository institutions, armored carriers, ATM/POS ISOs, transaction processors, and managed services shops worldwide.
Please visit us at www.morphisinc.com and find us on social for the latest information about Morphis, our products and services.
