The Branch CashMiner software collects data from cash deposits and cash withdrawals and, using advanced neural network technology, profiles each individual branch’s behavior. With this data, the software generates a forecast, anticipates branch activity, and can even optimize cash deliveries.
In the past, branches relied on branch managers and human intuition for reducing cash levels and managing cash inventory. KBSI’s Branch CashMiner software, our flagship branch-banking tool, predicts cash demands potentially turning excess cash into an earning asset.
The Branch CashMiner software collects data from cash deposits and cash withdrawals, and, using advanced neural network technology, profiles the individual branch’s behavior. This profiling even takes into account special events (a convention, for example) and holiday withdrawals that effect cash inventory needs. Once this data is compiled, the Branch CashMiner software generates a forecast, anticipates branch activity, and can even optimize cash deliveries. The Branch CashMiner software has beneficial features that include the following:
- Management visibility of cash inventory levels and branch management performance.
- Provides both supply and demand forecasting support.
- Can reduce cash in vaults and in transit.
- Potentially can turn excess cash into an earning asset.
- Special event and order scheduling.
By managing cash inventories for each of your branches, the Branch CashMiner software helps you develop a more streamlined cash branch management plan, potentially providing an immediate return on your investment.