ATM Management

To achieve our goals, it is important to understand the complete ATM Cash Management Cycle; also understand that ATM Forecasting & Monitoring alone, will not create the necessary savings but only will create a good foundation.

Traditionally, Banks reduces costs by minimizing the number of stops and minimizing the interest costs by demanding just in time replenishment while CIT companies focuses on margins by executing as much stops as possible, knowing the orders in advance or working with a fixed schedule as well as smartly planning stops on a route.

These different objectives resulting in conflicts of interest between Banks and CIT, minimal number of stops versus maximum number of stops and just in time ad hoc orders versus efficient route planning.

By using CWC Software, SANID enables the banks to reduce costs by minimizing the costs per ATM per period and minimizing the total costs by balancing CIT and interest costs while SANID increases margin by insourcing ATM Management with a fixed price per ATM and planning and executing orders smartly.

The result is a reduced conflict of interest between Bank and CIT as the following is achieved; Optimized number of stops, just in time planned orders, optimized costs for the bank – fixed price model, machine availability within the agreed SLA.