Currency Management Optimization: Getting More Bang for Your Buck
A currency management and optimization solution helps banks increase transparency in their supply chain, reduce the cost of cash handling, improve relationships with suppliers, and ensure customer satisfaction. By leveraging sophisticated modeling techniques, banks can react quickly to changes in their environment. Changes in currency supply policies and economic factors can easily be adapted into a bank's cash supply chain to ensure the most cost-effective use of this inventory asset. Fluctuations in interest rates and fuel costs can be easily assessed to determine their effects on the bottom line, enabling banks to respond in a more timely manner.