LanCashManagement

Optimum control of collection of ATMs

Costs for implementing solution pay off on average within one year. Economic effect of implementing solution is noticeable at once: the solution allows bank to reduce the volume of money supply in ATM network, operating costs on its service and also to improve quality of execution of operations on the organization of collection of ATMs.

The main sources of cost efficiency of implementing solution are:

• reduction of total costs due to optimum control of the money loaded into ATM network;
• performance improvement of work of the employees of the bank providing functioning of ATM network;
• decrease in time of unreasonable idle times of ATMs;
• improvement of quality of execution of operations on the organization of collection of ATMs.

This solution has modular structure and allows:

• it is qualitative to organize a full stroke of works on collection of ATM network, since assessment of a status of ATMs and completing formation of documents for collector services;
• construct forecast model of demand of money for each ATM;
• define optimal the amount of loading, enrollment by denomination and term of the following collection for each ATM;
• plan terms of carrying out collections;
• create and store all necessary documents for the organization of collections and repair of ATMs.

Criteria of efficiency of the solution

• inadmissibility of idle time of ATMs due to the lack of money;
• decrease in total costs, including cost of collection of the ATM, cost of insurance of the loaded money, costs of inefficient "queue" of cash ("otvlechenka");
• reduction of time for preparation of tasks in cash department, requests in collecting and the repair organizations.

Functionality of the solution

Maintaining reference books

• Maintaining card file of ATMs, setup of key parameters (location, operation mode, set of active cartridges, algorithm of issue of money, behavioral model of the ATM);
• Maintaining reference book of users, setup of user rights;
• Task of parameters of optimization model (the cost of collection, "otvlechenka", insurance of the loaded money, etc.).

Preprocessing

• Processing of the file of statuses of ATMs (identification of the ATMs requiring recollection because of achievement of the loaded cash of a critical remaining balance or technical issues, registration of intervals of functioning in which ATMs stood idle due to the lack of cash, technical faults, etc.);
• Processing of the transaction file (formation of statistics on demand for notes depending on an algorithm of issue of money, aggregation of transaction data on functioning intervals for the period passings of transactions in the entrance data file);
• The analysis of a status of ATMs and creation of the list of ATMs for carrying out.

Demand forecasting

• Formation of a time forecast series of demand for money for the collected ATMs on the basis of historical data and a behavioral model of the ATM.

Optimization

• Determination of days of carrying out the following collection using the created optimization function minimizing total costs.

Planning

• Fixing of day of carrying out the following collection for each collected ATM and determination of the amounts of loading;
• Adjustment of days of the forthcoming collection for all not collected ATMs on the basis of the current balances in cash and forecast demand data;
• Formation of tasks for collection with indication of time of carrying out collection and loading of cartridges for each ATM;
• Change of the status of the ATM and formation of the request for carrying out repair;
• Preparation of requests for carrying out collection for cash department and the collecting organization.

Integration with other systems

• Import of data on the executed operations, the performed collections and change of statuses of ATMs from a processing system.

Main advantages of the solution:

• low cost of ownership;
• fast payback periods;
• minimum terms of implementation;
• full compliance to business requirements;
• flexibility and adaptivity of the solution at business changes;
• scalable and productive architecture;
• one of the best world software products at the heart of the solution.