The ATM CashProspector software collects data from cash deposits, cash withdrawals, cash orders, cash shipments, and end-of-day inventories. Using this data, the software monitors ATMs daily to see that proper cash inventories are maintained and generates detailed cash inventory reports.
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 could result in ATMs overstocked with cash that could otherwise be an invested asset and the increased possibility of costly emergency cash deliveries.
KBSI’s powerful ATM CashProspector banking software provides automated tracking of historical cash inventory needs for numerous ATM locations. Monitoring and assisting ATMs in their efforts to reduce excess cash inventory, the ATM CashProspector software collects data from cash deposits, cash withdrawals, cash orders, cash shipments, and end-of-day inventories.
Using this data, the software monitors ATMs daily to see that proper cash inventories are being maintained. The ATM CashProspector software provides a number of cash inventory reports, which include cash opportunity, ATM transactions, and optimized courier transportation schedules. The ATM CashProspector software has beneficial features that include the following:
- Generates alert reports on possible cash level shortages.
- Reduces courier and emergency order costs.
- Reduces ATM inventory level without impacting customers.
- Continuously monitors ATM activity.
- Sustains optimal cash inventory levels.
- Identifies ATM cash reduction opportunities.