Excellence of Cash Supply Chain Management
The routine tasks of providing the banks and other organizations with cash, as a rule, are performed by employees of different departments. Building a unified software environment with end-to-end process management is an extremely important task of cash supply chain management optimization.
The Cash Supply Chain Management platform is a unified environment for execution and control of all processes related to cash orders for bank branches, cash centers, vaults, ATMs, and other service points. ATM cash replenishment optimization reduces operating expenses and provides ATM networks (as well as the entire cash network) with a sufficient amount of cash.
Points of Optimization
Levan Bukhaidze
Deputy Head of Retail Business Management Department, Basis Bank, Georgia
Irakli Lomidze
Head of Operational Support Department at TBC Bank (Georgia)
George Makatsaria
Head of Treasury Department at BasisBank (Georgia)
During the first two months of using CashPoint Monitoring.iQ, we were able to reach 25% of savings on rent of the cash. Besides, the solution allowed us to save internal resources (first of all, staff). In order to monitor and analyze cash supply chain using the Cash Management.iQ solution, one cash professional needs to work only for two hours a day.
The bank receives information about cash balances at ATMs from the processing center. The frequency of data transmission can vary, but this information is not enough for the optimal cash distribution to ATMs and CIT planning. For these purposes, TBC Bank uses Cash Management.iQ solution.
Cash Management.iQ software solution provides us the information on cash balances in ATM’s in real time, which allows us to more accurately plan the time of cash collection and cash optimal amount by ATM’s, as well as to reduce logistics costs.
Get in touch
Leave your details and our professionals will get in touch shortly.
We've got your request!
We will contact you really soon.