CASHLAB
Total Cash Management
Solutions
Products
Company
Security Solutions
The SPL Group is your global partner for ATM software and security solutions.
- SPL Group
- +1 954 978 6720 (Americas)
- +49 54 61 88 278 100 (Europe)
- [email protected]
Total Cash Management
Continuous Data-Driven, Real-time Analysis, Predicting Cash Demand, Usage & Optimization
Branch, ATMs, ATS, Payment Kiosks, Vaults & Night-Safes
Delivering c.20% Cost Savings
Unlike the majority of “Comparative Systems” where Forecasting is typically Only Performed Once per Day, CashLab not only analyses historical usage patterns & demand trends but enhances this through its seamless live connection into the Core Banking System.
This provides CashLab with Constantly Updated Real-Time Information, that enables it to rapidly assess the Delivery, Deposit and Issuance of Cash across multiple platforms, at multiple locations, their impact and hence, continually respond to changes, amending the Cash Forecast, Not Once per Day, but Minute-by-Minute (configurable as “every ‘n’ minutes”).
CashLab denotes each asset utilising Cash as a “Cash Point”
Denoting each “asset” in this way enables Reports to be generated down to “Cash Point Level”:
The data below is from a real implementation of CashLab at a Major Financial Institution.
| Expense | Before CashLab | After CashLab | Change | Comments |
|---|---|---|---|---|
| Cost To Fund Bank Branches | 49% | 32% | -17% | Optimizing the forecasting of the actual denominations required & lowering costs of unused denominations |
| Cost to Fund ATMs | 23% | 16% | -7% | Improved forecasting of actual cash demand |
| Banknote related operations | 5% | 3% | -2% | Reduction in the purchase of unused Banknotes |
| ATM Cash Collection | 15% | 17% | +2% | More frequent ATM visits to reduce “out-of-cash” instances |
| Cash Logistics Costs to Agents | 5% | 8% | +3% | Increased transportation to Agents to ensure adherence of SLA’s |
| Cash Collection at Bank Branches | 3% | 14% | +11% | Increased visits to Branches to ensure optimal Cash Distribution |
| Costs | -20% | After implementing CashLab |
The SPL Group is your global partner for ATM software and security solutions.
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