Next Generation Branch Cash Optimization: Caching Your Cash Intelligently

Sponsored by Transoft International, Inc.
Tags: Cash Dispenser / Recycler / Acceptor, Vault Cash / Cash Management
Type: Brochure
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The Teller Cash Recycler (TCR) is fueling the evolution of Branch cash management. The TCR is creating an opportunity to do something nobody has ever done before: impact the actual behavior of the cash-­‐point. Traditionally, forecasting solutions have been focused on achieving the mo st precise forecasting and optimization possible, while still sati sfying consumer demand. The public’s demand for cash is always a variable and sometimes hard to identify, which requires sophisticated mathematical formulas to be built-­‐in to the recommendation  process so that maximum utilization can be achieved. Allowing OptiCash to integrate with the TCR, predicting the anticipated intake and future output of every denomination through these recyclers and other branch channels, Cash Management staff can now have an actual management impact on the behavior of the branch, allowing for maximum cost containment and cash-­‐holdings reduction.

Device-­‐specific optimization is what Transoft's OptiCash solution is based on. With the addition of the OptiReCache module, OptiCash will now model all ATM's (Branch-­‐on-­‐site or Branch-­‐off-­‐site “linked”), TCR’s, deposit devices and vault  cas on a daily or intra-­‐day basis, thereby maximizing recycling opportunities and ensuring funding-­‐source optimization while maintaining lowest possible cost-­‐of-­‐cash.