Compuflex Announces Mark Farrelly's Promotion to President

Springfield, NJ -  July 14, 2022 – The Compuflex Corporation is pleased to announce that Mark Farrelly has been promoted to President of The Compuflex Corporation. As Chief Operating Officer, Mark was instrumental in positioning Compuflex as a global leader in cash automation solutions and has been the de facto face of Compuflex for many of its channel partners and customers.

James Clements, Chairman and CEO of Compuflex, added, “My philosophy has always been to treat people as I would like to be treated. As such, I have always considered Compuflex to be like a family where we all share in the joys of success.

This philosophy will always remain a guiding principle for Compuflex regardless of corporate management or structure.

Please join me in wishing Mark every success.”

About Compuflex

The Compuflex Corporation is an independent, privately-owned, cash handling solutions provider, that has been successfully providing cash handling software since 1983. Its core business focus is on developing tools for financial, retail, and gaming markets both nationally and internationally. Compuflex continuously demonstrate its commitment to the cash handling industry through customized solution design, unparalleled customer support, in-house and on-site training programs, and solid warranties.

Springfield, NJ - September 22, 2020 – The Compuflex Corporation launched their monthly blog about a year ago and has since become a go-to resource in the world of cash automation where finding information isn’t always easy. As a device agnostic financial software company, Compuflex has worked with just about every major player in the world of cash automation. UCM, Compuflex’s direct integration solution has been integrated into over 22 cores, and their middleware solution, BranchWare, has come to be known as an industry leading solution for banks, teller applications, grocery service desks, check cashing, bill pay applications and interfaces for cannabis at point of sale for consumer cash transactions.

Over the past 35 years Compuflex has created a large footprint in the financial industry and is now making waves in the retail banking and cannabis industry as well with products such as BranchWare for Retail. CashView Web is the latest addition to their family of products which is a robust device monitoring software that can be used in both the retail and financial environments.

The Compuflex Blog covers a variety of topics related to both retail and financial such as:
coin automation, the mainstreaming of cannabis, selecting a POS, the current state of cash and bank transformation. In addition to the articles themselves, the blog page periodically features video content as an added resource. In the ever-changing world of business, good information is critical. With so many years in the industry, the Compuflex team has acquired a wealth of information and it’s now being made accessible to all.

About Compuflex

The Compuflex Corporation is an independent, privately-owned, cash handling solutions provider, that has been successfully providing cash handling software since 1983. Its core business focus is on developing tools for financial, retail, and gaming markets both nationally and internationally. Compuflex continuously demonstrate its commitment to the cash handling industry through customized solution design, unparalleled customer support, in-house and on-site training programs, and solid warranties.

Springfield NJ, - September 22, 2020 – The Compuflex Corporation’s BranchWare now supports the CLS coin recycler by Crane Payment Innovations. BranchWare provides a quick and efficient way to connect a cash and coin recycler to your existing teller application by automatically extracting pertinent information from the withdrawal screens and inserting it into deposit screens using a state-of-the-art screen management engine that utilizes robotic process automation (RPA). This provides users with an integrated feel by allowing transactions to be performed with the push of a button.

The CLS coin recycler, noted for its high-speed coin handling capabilities and compact dimensions, provides efficient and accurate coin management.  The CLS can validate 10 coins per second and sort them into eight separate denominations. Supporting most of the world’s currencies, the CLS accelerates customer throughput while maximizing uptime in a fully enclosed, dual-locking system to secure coins.

 “We expect many financial institutions and retailers to find the addition of a coin recycler to be very beneficial - making BranchWare even more attractive.” says Mark Farrelly, Chief Operating Officer of Compuflex.

“Automating coin deposits can save banks up to 400 hours per year of teller labor. Embedding a coin recycler such as the CLS simplifies coin transactions for tellers, enabling them to focus on what matters most - delivering excellent customer service. Together, CPI and Compuflex are working to ensure that financial institutions have the solutions and expertise they need to adapt in the ever-changing technology landscape.” Says Ray Picard, Sr. Sales Manager of CPI.

About Compuflex

The Compuflex Corporation is an independent, privately-owned, cash handling solutions provider, that has been successfully providing cash handling software since 1983. Its core business focus is on developing tools for financial, retail, and gaming markets both nationally and internationally. Compuflex continuously demonstrate its commitment to the cash handling industry through customized solution design, unparalleled customer support, in-house and on-site training programs, and solid warranties.

About CPI
Crane Payment Innovations (CPI) provides a full range of intelligent payment technologies and payment solutions that deliver industry-leading accountability, reliability, and security to customers globally. Serving the banking, transport, gaming, vending, retail, and kiosk industries, CPI is responsible for one of the world’s installed bases of payment systems.

Springfield NJ, - September 18, 2020 – The Compuflex Corporation is pleased to announce that BranchWare is now certified for use with CIMA’s AST9000. This device is the newest addition to the CIMA family of cash recyclers which are all supported by Compuflex. The AST9000 is the most advanced TCR in its popular family of products in the retail banking industry.

BranchWare provides a quick and affordable way to connect a cash recycler to your existing teller application by automatically extracting pertinent information from the withdrawal screens and inserting it into deposit screens using a state-of-the-art screen management engine.

“We are very excited that Compuflex worked with our engineering team in Italy to integrate the AST9000 into their BranchWare platform. Our distribution partners can take the AST9000 to market and immediately implement the unit in banking environments that utilize BranchWare,” says Vik Devjee, Vice President of CIMA Cash Handling America, Inc.

Mark Farrelly, Chief Operating Officer of Compuflex, states, “We are pleased that the Compuflex and CIMA teams collaborated to ensure BranchWare, our flagship soft integration solution already used by hundreds of banks, credit unions and retailers, supports all features of the AST9000. The combined solution brings exceptional value to end-users looking to automate and optimize their cash processes quickly. Having worked with CIMA devices for more than a decade, we understand the quality of their product and their reputation in the cash automation industry. Compuflex is excited for the launch of BranchWare for the AST9000 and is looking forward to continuing to work closely with CIMA and their resellers.”

About Compuflex

The Compuflex Corporation is an independent, privately-owned, cash handling solutions provider, that has been successfully providing cash handling software since 1983. Its core business focus is on developing tools for financial, retail, and gaming markets both nationally and internationally. Compuflex continuously demonstrate its commitment to the cash handling industry through customized solution design, unparalleled customer support, in-house and on-site training programs, and solid warranties.

About CIMA
CIMA Cash Handling America Inc. is the wholly owned US subsidiary of CIMA SpA. (Italy). CIMA is a global manufacturer of cash handling solutions that help businesses significantly reduce the cost of managing cash. We supply a broad range of smart safes, back office / front of store recycling systems and software to businesses across Banking / Financial Institutions, Retail, Hospitality and Gaming.