NCR Corporation (NYSE:NCR) today expanded its currency management offer for large, small or medium-sized financial institutions (FIs) and ATM deployers. The new service will help these organizations effectively manage cash supply needs for automated teller machine (ATM) networks, branch networks and vaults. Currency Management is a supply chain management function which predicts and optimizes future cash replenishments through the analysis of historical cash usage.
NCR’s flexible three-tiered approach ranges from basic execution of the cash ordering process to re-engineering of replenishment schedules based on careful analysis of historical cash usage. This service has been shown to result in a 10- to 25-percent reduction in the amount of cash within the ATM network. Through careful evaluation of peak times, upcoming events and usage trends, NCR is able to optimize cash management efficiency and, if desired, provide oversight of the entire process on behalf of the customer.