RuCash Management – information System for Bank Cash Management
Bank Cash Management Information System. The main purpose of the cash forecasting and management system is to optimize cash balances in the bank’s ATMs, cash desks and vaults. As a result of acquiring the system – saving the bank’s cash resources by automating the function of planning amounts and terms of ATM loading, including the recycling function, unloading of self-service terminals, CDMs, electronic cashiers
Flexible setup mechanism
Based on ATM withdrawal data predicted by the neural network, the system will allow calculating not only the need to load a specific ATM on a specific date, but also determine the optimal amount per device taking into account the current funding rate and cash collection, cash processing, and counting costs.
In addition, the system will allow:
- Generating and configuring user access, roles, and functions by the system administrator
- Configuring the cost of own and third-party collection using tariffs
- Setting the funding rate, setting the cash loading pitch for cassettes, setting the system’s attitude to the insured amount, and more
- Automatically generating letters with requests based on configured templates, and more
Functional capabilities:
Based on ATM withdrawal data predicted by the neural network, the system will allow calculating not only the need to load a specific ATM on a specific date, but also determine the optimal amount per device taking into account the current funding rate and cash collection, cash processing, and counting costs.
In addition, the system will allow:
Advantages of the system:
Using a neural network
Forecasting the withdrawal amounts of each specific ATM, as well as the incoming and outgoing amounts of the teller cash desk, is carried out using a neural network, which is trained on historical withdrawal amount data and incoming and outgoing transaction data, respectively
Forming a self-service device collection plan
The Cash Management system will not only automatically include in the plan an ATM that will run out of money before the next replenishment, but will also suggest the amount to load the cassettes to achieve maximum efficiency in managing cash resources taking into account the current funding rate and the cost of one collection
Monitoring cash balances in devices
Integration with ProView, OpenWay, processing or any analogues;
Monitoring cash levels in ATMs, PSTs, CDMs, PSS and other devices;
Prompt response to a sharp increase in withdrawals;
Cash Management will point to the device for which withdrawals in the current day exceed the forecast
Forecast vs. Actual Chart
For each individual ATM, you can view a chart showing the forecast and actual cash withdrawal dynamics from the device
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