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Logicpath Insights

Learn more about the latest industry best practices, news, and topics with a fresh perspective inspired by logicpath’s technology and innovation.

5 Signs You Need Cash Forecasting Software

Outdated cash practices often harm a financial institution, ISO, or AID’s ability to maintain optimal cash levels to meet demand and lead to excess cash sitting idly. Everyone can avoid this by investing in cash forecasting software that leverages AI to predict demand. Our latest insight reviews five signs you should invest in cash forecasting software.
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The Fear of “Running Out of Cash” is an Illusion

Every responsible branch manager strives to satisfy his/her customers’ banking needs, especially when it comes to their demands for cash. Not being able to fulfill a customer’s request for cash at a bank or credit union branch is probably every head teller’s nightmare!
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3 Branch Cash Management Mistakes That You Don’t Know You’re Making

However, branches and ATMs do not always meet their demand for cash. Such shortfalls damage customer confidence and are the result of three cash management mistakes that most banks and credit unions do not even know they’re making but can easily rectify.
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Myth of Branch Cash Management: Reducing Cash equals Optimal Cash Levels

Simply reducing cash by a flat dollar-amount does not give you optimal cash levels. Cash management is more than a cash reduction.
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Top Three Challenges & Solutions for Branch Cash Management

Most financial institutions “think” they manage cash efficiently. Cash is often managed up - to limits, not down - to usage-driven levels.
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