Forecasting and OptimizationAdvanced algorithms, artificial intelligence, and cost optimization models generate cost-efficient, self-assessed order recommendations for each cashpoint
The challenge
Cash managers grapple with intricate optimization challenges. They strive to minimize cash-related expenses (such as transport, processing, and procurement) while maximizing cash availability. Numerous factors come into play, necessitating consideration for achieving cost-effective solutions. While Excel files or homemade tools can address these challenges to some extent, they often overlook significant savings opportunities.
The solution
CashPilot® cash demand forecasting and cost optimization leverage artificial intelligence, advanced algorithms, and intricate cost models to tackle daily optimization dilemmas. Cash managers receive automatically generated, optimized order proposals evaluated by CashPilot® for the most cost-efficient cash provisioning for ATMs, cash recyclers, and other cash points, along with clear documentation detailing the calculation process for each proposal. CashPilot® maximizes all feasible optimization potentials, thereby delivering optimal results.
Your benefits
Highest cash availability over 99.5%
Cost savings of up to 40% and more
CashPilot is manufacturer-independent.
Increased efficiency through automation
Who can benefit?
Banks
Cash-in-transit companies (CITs)
Independent ATM deployers (IADs)
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