CashLAB
a software solution for increasing efficiency
cash flow management.
CASH FLOW OPTIMIZATION
Predicting the optimal amount of each ATM loading, the system allows to reduce the amount of diverted cash.
COLLECTION OPTIMIZATION
Analyzing the operation of each individual self-service device, based on analytical data and economic indicators, CashLAB predicts the date and time of optimal collection trips, which helps to optimize the number of CIT departures.
IMPROVING THE ATM EFFICIENCY
Using CashLAB allows to significantly improve availability of self-service devices due to lack of cash and / or due to the cassettes filling in deposit machines. The system automatically logs statistical disturbances of withdrawals / deposits and adjusts forecasts each time new data is received, especially when the demand for withdrawals and deposits change.
Analyzing the work of each ATM or selected subnet, CashLAB predicts collection dates, which helps to avoid unnecessary departures of collectors.
CashLAB
Software solution for cash flow management in ATMs, terminals network, cash centers and vaults.
The CashLab cash management system can significantly reduce the daily expenses related to cash flow in ATM networks, as well as significantly improve the efficiency of the bank resources and staff working time.
Benefits of implementing a solution
Reduce downtime of self-service devices due to lack of cash
Optimization of balance sheets
Improving the efficiency of branches
Optimization of cash logistics
Optimization of operating costs
Increasing the level of customer loyalty
Reducing the cost of attracting SIT
Increasing the level of customer loyalty
Improving the efficiency of ATM / ADM
Reducing the cost of attracting CIT
Optimization of operating costs
Optimization of balance sheets
Optimization of cash logistics
COST OPTIMIZATION
The ATMs downtime, terminal devices, cash centers and vaults without cash lead not only to financial losses, but also loss of image and even customers.
CashLab yourself:
– monitors the availability of cash at ATMs
– keeps logs of the technical status of cassettes and ATMs
– collects historical data about the loading and cash withdrawal
– informs about critical events
reducing the cash-back level
reducing the number of ATM collections
01. Getting information from external systems:
-
- Integral states of self-service devices
- Cash balances in ATM / ADM / Kiosks
- Branch / Cash Center / Vaults
- Exchange rates
- Customer orders
02. Forecasting and planning:
- Calculation of reinforcement/export amounts
- Calculation of optimal flows
- Calculation of client activities (withdrawal / deposit)
- Forecast for 30 days in terms of each currency
- Forecasting customer orders
03. Accounting and reports:
- Accounting of states and statuses of applications of all types
- Purchase / Sale / Transportation
- Accounting of completed collections/reinforcements
- Accounting of client orders fulfillment
- Calculation of network maintenance cost
OPTIMAL CASH CYCLE MANAGEMENT
CashLAB will allow your company to clearly and efficiently organize and control cash flows.
3 STEPS TO ASSESS EFFECTIVENESS
01. Leave the application
We will contact you to determine the content of the service and equipment.
02. Conducting an offline pilot
Collection/import of analytical data and work of Renome-Smart cache managers.
03. Cost-benefit analysis
Preparation of comparative statistics of efficiency of work with and without CashLab system.
Let’s Connect