SUZOHAPP Launches CashComplete™ Connect - Transportation Edition -Delivering Next Generation Payment Management Automation for the Fare Collecting Transportation Industry

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MOUNT PROSPECT, IL and Utrecht, The Netherlands July 8, 2019 - SUZOHAPP, a global market leader of software and hardware payment management solutions, is modernizing the payment management process for transportation operators across the globe. CashComplete™ Connect - Transportation Edition™- an extension of the industry leading CashComplete™ Connect payment's management automation software platform, is built specifically to meet the payments management needs of the Fare Collecting Transportation and Route Delivery industries, including rail, taxi, bus, vending bottlers, among many others.

CashComplete™ Connect - Transportation Edition™ automates the entire payment process, from payment collection to reconciliation. Hardware, software and back-office systems are seamlessly integrated to give operators complete, real-time visibility of their payment management operations. Armed with access to reliable, timely and actionable payment data, transportation providers can optimize on-site, route and corporate-level productivity and service, reduce working capital and improve cash shrink due to errors and theft.

"One way we innovate our offerings is by paying attention to the way our current customers use our products and the questions they ask," says Troed Sangberg, Vice President of Software Engineering for SUZOHAPP Digital. "It was through our long-term relationships with some of the world's leading transportation providers that we were able to build upon the CashComplete™ Connect foundation to provide for the specific and unique needs of the transportation industry."

SUZOHAPP's targeted solution brings simplicity and transparency to everyday operations. Cash and ticket data come together to give users a complete picture of payment operations in one integrated, customizable view. The deposit and reconciliation processes are automated and can be done through POS or ticketing systems. The software fully integrates with Ticket Transaction Systems, as well. Data is available at several levels, including the individual fare or sales collection employee level, giving users the ability to log and track employee status to view real-time balances, transactions and statistics. Advanced analytics support long-term planning efforts, such as route management, cash management, and resource optimization. CashComplete™ Connect - Transportation Edition™ is also hardware agnostic, allowing transportation providers to leverage the benefits of this new software solution with their existing hardware.

"Transportation Edition™ offers our transportation customers intelligent connectivity between hardware, software and back-office systems," continues Sangberg. "With access to such robust information, they will reach new levels of operational productivity and payment process optimization."

About SUZOHAPP:
SUZOHAPP provides highly engineered component solutions for interactive self-service hardware to the global amusement, gaming, industrial, transportation and vending markets by serving both equipment operators and original equipment manufacturers. SUZOHAPP's solutions include control devices and systems, currency handling equipment, display solutions, environmental products, machine operation components and payment systems. With approximately 700 global employees in 13 countries serving more than 25,000 customers worldwide, SUZOHAPP has manufacturing, engineering, distribution and service facilities in 13 countries globally. More information is available at www.suzohapp.com. SUZOHAPP is owned by affiliates of ACON Investments, L.L.C., a Washington, D.C.-based private equity investment firm that has over $5.3 billion of assets under management. For more information, visit www.aconinvestments.com.

Press Contact
Mery Vieira - Marketing Manager, Americas
mery.vieira@suzohapp.com
847-593-6130 ext. 7126