Platform
SES Cash Cycle Optimizer Industries
For well over 18 years, our first-class solutions and services have been offered that guarantee precise cash forecasting, planning and organization of cash distribution for a highly efficient currency supply chain. In fact, our solutions drive over 300 billion Euros of cash shipments annually for our clients, a number growing every year.
Financial Institutions
Financial Institutions (FIs), especially Consumer Banks, today are in a challenging position: Despite an ever-growing number of payment options, consumers are still turning to physical cash as their #1 payment instrument and central bank statistics in the vast majority of countries show a steady increase in the amount of cash in circulation.
In most parts of the world, banks are the principal providers of money and financial products, and the responsibility for provision of cash lies with them. While the precise details of their cash strategy varies greatly between banks, a key element for all is the cost factor. It follows that cost optimization is vital.
This is precisely where the SES Cash Cycle Optimizer can significantly reduce the cost burden. It will cut the monthly invoice for cash transportation and, in countries where interest rates for network cash matters, it will reduce bound capital.
Driving Down the Total Cost of Ownership of Cash
At Sesami, we have taken extreme engineering efforts with software made in Germany to provide the best and most automatic AI + mathematical models to reduce the costs of cash to the absolute minimum.
Some people may view these sophisticated solutions as being similar to a German luxury car and think, “we don’t need a luxury car, as long as we can reach our goal”. Well, truth be told, that analogy is quickly broken because luxury cars do not save money: whereas SES CCO will greatly reduce the total cost of cash ownership.
Customers who have introduced the best optimization solution in the market, SES CCO, are now benefitting from savings that far exceed the cost of the Sesami software solution, year after year.
At Sesami, we know cash operations. We have focused over a decade on developing the most sophisticated technologies to solve the most complex cash forecasting and planning applications to a high degree of automation.
By choosing optimized cash management from Sesami today, you will be miles ahead of the field tomorrow – and not just when it comes to economic efficiency. The Sesami experts will show you how it all works.
Outsourcing Providers and IADS
Outsourcing Providers and Independent ATM Deployers (IADs) have become significant providers of cash in many countries, with arrangements for cash supply from the banks, but otherwise operating the entire service in their own rights.
For these providers of cash, cost control and constant cash availability is critical. This is their core business.
SES CCO meets all of their needs, ensuring efficient planning, ordering and delivery of cash, avoiding cash outages and reducing the costs of distribution. For IADs, keeping the volume of cash held low is often more important than for banks, due to cash cycle regulations and their contractual arrangements for obtaining cash.
SES CCO delivers the cost efficiency they desire, from beginning to end.
Cash Outsourcing: Managed Service Providers
In recent years the load upon financial institutions (FIs) has increased, coming from both regulatory requirements and external competition. Open Banking and the growth of FinTechs, means the FIs need to focus on their overall strategy and improving the online channel experience. As a result, cash distribution is increasingly outsourced to Managed Service Providers, CITs, consolidated network operators or Independent ATM deployers (IADs). The idea behind this is: Let the specialists deal with the topic of cash while we manage only the Service Level Agreements (SLAs).
For Managed Service Providers in cash operations, the factors critical to them are therefore the ability to (1) quickly set up new customers, (2) easily scale operations to fit customer changes, (3) segregate customers while keeping visibility across them all, and most of all (4) run the cash operations efficiently and without heavy IT costs.
Cash-Management-as-a-Service (CMaaS)
As a highly focused technology provider around cash, Sesami is positioned to meet all those critical requirements. Our solution can be quickly ramped up in the Cloud for new customers – without the need to maintain your own IT experts. Cash points (ATMs, branches, recyclers etc.) can be maintained flexibly, while daily operations can be run by your own cash management team. Best of all, Sesami provides ingenious tools for SLA management that help you as the Managed Services Provider to achieve your SLA contracts.
SES CCO optimization readily combines multiple sites and cash delivery tours, effectively reducing wasteful tour plans by building combined optimal tour replenishments.
Consumer Business Management
Retail has been a leader in the adoption of Supply Chain Optimization for decades, to achieve having the right products in the right place at the right time. Since the retail industry operates on high volume and is very cost-sensitive, its business has always targeted to reduce supply chain costs and keeping inventories lean.
Bring Supply Chain Optimization to Retail Cash
Reduce the cost of cash in transit for Retail
Cashback
In-store ATMs
Bring Supply Chain Optimization to Retail Cash
Because cash is similar to other store products, optimizing its supply chain is a logical next step. However, as cash requires very specialized handling processes and has special seasonal usage patterns, custom solutions and forecasting, and planning software is required.
Retailers receive Point-of-Sale cash revenues (mostly mid or larger denominations) and in return provide “change” to their customers (small denominations and coins). These must be seen as different products with little substitution possible, which imposed a difficulty in retail for a long time: Retailers were often missing required denomination inventory and traffic data needed to manage the cash inventories.
In recent years, retail back office automation has advanced the innovation and today, back office hardware infrastructure has become a key enabler for cash supply chain optimization, not only safeguarding values but also keeping accurate counting information and facilitating reconciliation efforts. Smart (deposit) safes, cash recyclers or similar devices have all required data available any time.
In effect, retailers now know which cash products are “in-store”.
In addition, banks are now offering innovative products to retailers such as Provisional Credit Lines or Bank-owned Cash in order to enable the retailer to receive credit for the cash in branches and avoid costly frequent cash transports to achieve that balance.
Cash Logistics Companies
Cash logistics companies are playing an increasingly important role as they are entrusted not only to safely taxi cash to its destination and operate the cash center, but increasingly to also take control of the entire cash cycle, including planning cash levels in ATMs and maintaining given SLAs – effectively becoming end-to-end Cash Management Companies. As CIT providers become full-service “one-stop-shops” for cash outsourcing, these managed service providers now forecast and plan the entire cash operations, not simply the routes that the armored cars take.
For cash logistics, Sesami provides the same full-service CMaaS cloud model as for other outsourcing providers (see above). In addition, SES CCO/Transport can dynamically and fully automatically assign cash point orders to route schedules and vehicles to avoid capacity shortages many days before they occur.
This means SES CCO can truly bridge the optimization from the cashpoint to the vehicle schedule, combining both planned routes and Just-in-Time scheduling.
Cash-Center Operators
What is more, SES CCO/CashCenter provides the technology to optimize large cash center vaults. This applies to the two main scenarios.
Firstly, if the cash points and the ATMs sourced from the cash center are planned by SES CCO in addition to the cash center itself, those cash point supplies and demands are automatically rolled-up to the cash center level where inventories can be planned in an integrated fashion.
Alternatively, if only the cash center or vault inventory is optimized, the advanced SES CCO algorithms take care to maintain the optimal levels of cash at any denomination.
Whichever methodology is in place, Sesami solutions typically reduce cash inventories by 30-50%, bringing significant gains to the overall quality of service.
SES Cash Cycle Calculator
Experience the Power of Automated Cash Planning
Sesami’s AI-driven predictive analytics and business intelligence allow organizations to optimize their cash cycle management, ensuring that they maintain the right balance of cash availability and operational efficiency.
