Compass Cash Center Forecasting: optimize cash and services by predicting behavior of cash volumes per cash center
Strengthen the decisions on treasury, daily operations, destruction, printing and resources based on forecasts of cash volumes – per cash center at stock owner and qualification type levels
For cash center operators who need to predict daily cash volumes, Compass Cash Center Forecasting is an add-on product to G+D and third party cash center management solutions. This product supports planning of resources (staff and machines), inventory and cash demand. Unlike a manual process, our product precisely forecasts cash volumes based on inbound and outbound flows from cash center management software to ease planning and gain efficiency. With notifying managers when the cash stock is insufficient, or is expected to be in excess, a data-based decision on re-ordering of banknotes is possible to ensure a timely order fulfillment. Cash Centre operators can in-turn predict when to transfer banknotes between sites.
Features and benefits at a glance
- Forecast inbound and outbound volumes per cash center based on historical customer-based turnover. A vital input for capacity and workload planning.
- Take timely action by alerting cash center personnel about expected excess or insufficient stock levels
- Predict stock inside each cash center based on current stock and forecasted turnovers to decide when to buy and sell currency
- For Central Banks: predict banknote demand in each site and based on forecasted shredding waste handling
Planing ahead, never be surprised
Based on calculated future inbound deposits and outbound orders the expected work can be converted to staff requirements. It is possible to amend the regular forecast with events showing the impact to adjust resources accordingly
Based on configurable thresholds decision makers will receive alerts when it is forecasted that stock will breach the threshold and timely action needs to be taken to avoid this from happening. This ensures that all demands and changes in requirements are met
Based on the expected future stock amounts, the Treasury Department can decide on buy and sell of currency
Based on one off and recurring events schedules, amend the forecasts to factor its impact on Inbound and Outbound flows
A holistic software approach
Gain greater visibility and improve productivity
Extend the benefits of Compass Cash Center Forecasting by combining it with G+D’s broad portfolio of industry-leading software. These end-to-end solutions help to drive operational excellence in cash center management. Deliver comprehensive data analysis to boost efficiencies and reduce costs with our software suite.
Compass Cash Center Connect
Compass Cash Center Connect enables CITs and commercial banks to get real-time visibility and take full control of all their cash center operations
Compass Cash Center Enterprise
Transform your cash center management with an out-of-the-box solution that can be configured for any scenario
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If you have any questions about our end-to-end business solutions or about our company, seek expert advice, or want to give us your feedback, our team is here to support you, anytime.