Forecasting Cash Withdrawal Demand to Optimize Cash Flow at ATMs

CHALLENGES

We aim to forecast customer cash withdrawal demand at ATMs to optimize the cash replenishment flow at these machines. In doing so, we want to enhance the flexibility of our team and leverage the potential of advanced analytics to improve forecast accuracy

PROJECT

ATM, Card Center, Finance

DOMAIN

Cash Flow Management

TECHNICAL DIMENSION

Machine Learning, forecast

COMPLEXITY

HIGH
LOW

BUSINESS IMPACT

LOW
HIGH
Banking
Solution Icon

WHAT'S IN THE SOLUTION ?

Solution Diagram
Hand

BENEFITS

Minimize Cash Inventory: Optimize cash flow management

Enhance Customer Satisfaction: Prevent ATMs from running out of cash

Minimize replenishment time: Predict low fund levels in advance

Increase Flexibility in ATM operations: Proactively manage fund replenishment

Forecasting Cash Withdrawal Demand to Optimize Cash Flow at ATMs