January 18, 2017 5:49 PM ET

Software

Company Overview of Balance Innovations, LLC

Company Overview

Balance Innovations, LLC designs and develops retail industry software such as reconciliation and cash office management solutions. The company’s products include VeriBalance, an automated software solution that helps retailers to increase efficiency and profitability by reducing labor, bank fees, and shrink; vbEPIX, an end-to-end solution for implementing back office conversion in retail stores; vbForecast, which uses historical data to predict a store's daily cash needs by denomination; vbScout, which allows a retailer's cash office to operate by automating the balancing and reconciliation of self-checkout terminals; and CAST, a system that provides access to cashiers and managers. It serv...

11011 Eicher Drive

Lenexa, KS 66219

United States

Founded in 1991

Phone:

913-599-1177

Fax:

913-599-1179

Key Executives for Balance Innovations, LLC

President and Chief Executive Officer
Chief Financial Officer
Senior Vice President of Alliances
Executive Vice President of Product Development
Executive Vice President of Sales
Compensation as of Fiscal Year 2016.

Balance Innovations, LLC Key Developments

Fifth Third Bank and Balance Innovations Announce Joint Marketing Agreement

Fifth Third Bank and Balance Innovations LLC have announced a joint marketing agreement to offer each company's cash management and payments knowledge to provide solutions that will deliver value across all segments of the retail market. The solutions use the latest technology to: count, verify and secure cash in a retailer's location; reduce cash related operating costs; improve working capital; and reduce cash shortages and other risks associated with managing cash. Through integration to the retailer's point-of-sale system, Balance Innovations' software solutions speed typical cash office tasks and provide valuable data to store personnel and management, resulting in greater efficiency, consistency and more time to focus on customer service and sales.

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Recent Private Companies Transactions

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Date
Target
No transactions available in the past 12 months.
 

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