ATMs have become an integral part of the banking
industry over the past years, introducing a new inventory
management challenge--effectively managing cash stocks in
potentially thousands of diverse locations with wildly diverse
cash needs. The failure to reliably manage cash inventories
results in ATMs overstocked with cash that could otherwise
be an invested asset or run the risk of lost fees and costly
emergency cash deliveries.
KBSI's ATM CashMiner software provides automated
support for ATM cash inventory management. By collecting historical
data on cash withdrawals, the cash management software can
be used to forecast cash demand of individual ATMs, even making
provisions for special events (a convention, for example)
and holiday withdrawals that affect cash inventory needs.
Features
The ATM CashMiner software supports requirement calculation
and recommended fill levels and fill data. Generated reports provide
data to help you allocate adequate cash supplies and correct denomination
amounts reducing the need for emergency courier scheduling and increasing
your cash's earning potential. Data mining tools provide visibility
into the performance of your cash delivery systems.
Alert reports on possible cash level shortages
Lower transportation and emergency
order costs
User comfort factor adjustments
to allow accurate cash budgeting
Can reduce cash in vaults and in
transit
Helps cash managers turn excess
cash into earning assets
