POLAR

cash management at bank branches

On a daily basis, the employees at each branch must take decisions as to the advisability of requesting money transportation, in addition to the actual amounts to be transported. They must thus perform a number of initial tasks: check the available stock of cash, draw up an estimate of future cash needs for the branch itself and for its automatic cash dispensers, and take into consideration any deposits of cash made by customers etc.

This task is not completely free of criticality since the branch cash supplies depend on it, and it is also expensive in view of the associated operating costs (financial costs, costs of transportation, handling etc.).

The POLAR solution geared towards solving this problem provides the following: Assistance with daily decision-making for requesting or providing cash, and taking the decision which reduces the associated expenses to a minimum. Obtaining all the data required to take this decision. Forecasting the incoming and outgoing payments for the branch, and also the cash dispensers, based on their previous behaviour patterns. Comprehensive monitoring from central services of the final management costs and progress of this item, providing tools to assist with reviews of invoicing.

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