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Article
Peer-Review Record

The Case for RFID-Enabled Traceability in Cash Movements

FinTech 2023, 2(2), 344-373; https://doi.org/10.3390/fintech2020020
by Lance Decker * and Ben Zoghi
Reviewer 1:
Reviewer 2:
FinTech 2023, 2(2), 344-373; https://doi.org/10.3390/fintech2020020
Submission received: 27 April 2023 / Revised: 12 June 2023 / Accepted: 14 June 2023 / Published: 16 June 2023
(This article belongs to the Special Issue Research on Corporate Finance and Financial Economics)

Round 1

Reviewer 1 Report

Suggestions and comments for the manuscript entitled "The Case for RFID-Enabled Traceability in Cash Movements”:

 

a.       Radio frequency identification (RFID) statements and an application programming interface (API) between all parties in the cash management ecosystem to reduce costs, increase efficiency, and increase capacity are based on sound theoretical and empirical foundations.

b.      Need a more detailed explanation of methods for simulation models developed using AnyLogic software, a tool specially designed for modeling business processes. Some of the things that need to be disclosed include: A simulation model was created that operates like an existing 45-vehicle branch, detailed process mapping was completed and validated through several exchanges with ATC employees and leadership, process map documentation, observed behavior, and documents provided by ATC (e.g., staff salary scale, historical hours worked, historical bag processing and risk analysis information)

c.       Discussions should focus on the implementation and implications of the developed simulation model. Creating a simulation model, starting from data collection and validation to the Future Business Case Model is part of the study results.

d.      References are still limited; additional sources are needed to update theoretically and empirically.

Author Response

Please see attached file

Author Response File: Author Response.docx

Reviewer 2 Report

Congratulations on the choice of subject matter. I believe that the subject matter is original and important from the point of view of the development of business, although in my opinion, the following elements need to be clarified:

1.     The purpose of the article needs to be clarified. Now, the stated purpose is too ambiguous.

2.     The lack of a clearly formulated research hypothesis. Therefore, I could not find information on whether the hypotheses were verified positively or negatively.

3.     In “Conclusions”: no indication of the theoretical application value of the research. Only the practical application of the research is indicated.

4.     The bibliography is very poor and in this form is unacceptable.

 

5.     The article is far too long and in this form is unacceptable. There is no balance between the theoretical and practical parts. The article at this point more resembles an extended analysis of the profitability of implementing a given technology than a scientific article.

Author Response

Please see attached file.

Author Response File: Author Response.docx

Round 2

Reviewer 1 Report

I highly appreciate that the suggestions and comments have been well considered and that the paper has become more valuable and contributes to scientific and empirical development. There are no more comments, congratulations on the article publication process; proceed to the next stage.

Author Response

The authors appreciate the reviewer's comments and are quite honored by your words. Thank you for taking the time to review our paper.

Reviewer 2 Report

I thank the authors for making corrections in accordance with the reviewer's comments. Still, note number 5 is valid: “The article is far too long and in this form is unacceptable. There is no balance between the theoretical and practical parts. The article at this point more resembles an extended analysis of the profitability of implementing a given technology than a scientific article”. The research part is too extensive.

Author Response

The authors appreciate the comments of the reviewer.  We do realize that we have a bit of "pride of authorship" at play here, and we struggle in the area of paper length reduction.  Given that realization and the reviewer's comments, the authors have taken another look at the document looking for redundancy, and deleted a number of redundant paragraphs and one table (originally Table 7).  We have reduced the paper length by 2 pages and we believe we have made the paper more concise.  We feel that further removals will remove the understanding of the topic from the paper.

We do feel that the organization follows a logical pattern, and it may not have the balance of a typical paper.  Because of the research area (an area previously unexplored), we feel the paper length may be longer as we give the reader context not usually necessary in well-documented areas of research.  Our ultimate goal is to describe a problem and a current scenario, create a simulation of the scenario, hypothesize a solution using technology, perturb the simulation with that technology, and then apply this research to the original real-life scenario.

We are honored to have your comments and humbled by your time and effort to help make this paper better.

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