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Overview

The failure to reliably manage cash inventories leaves bank branches overstocked with cash that could otherwise be an invested asset and increases the possibility of costly emergency cash deliveries. By monitoring a branch's cash inventory, the Branch CashProspector software, a decision-support tool by KBSI, identifies excess cash in the system, helping to reduce the excess cash without causing cash shortages. The Branch CashProspector software provides automated, historical tracking of cash inventory needs for your branch locations.

Features

The Branch CashProspector software collects data from cash deposits, cash withdrawals, cash orders, cash shipments, and end-of-day inventories. Using this data, Branch managers are provided cash opportunity reports which indicates excess cash in the branch. The Branch CashProspector software allows managers to review daily branch activities to see that proper cash inventories are being maintained. Additional reporting capability is provided for optimizing courier transportation schedules, validating user input transaction data, and daily branch transactions occurred.

Provides visibility into cash management practices

Reduces courier and emergency order costs
Reduces inventory levels without impacting customers
Inventory cash reduction opportunities
Sustains optimal cash inventory levels

By managing cash inventories for each of your branches, the Branch CashProspector software helps you develop a more streamlined cash branch management plan, potentially providing an immediate return on your investment.

 

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