Modernize, consolidate, build new: This is the Federal Bank’s motto for a future-proof branch network. The focus is on more efficient processes and a secure long-term cash supply.
Now and in the future – meeting challenges
It has been decided. The Federal Bank of Germany will close eight of its current 31 branches from 2028. But the reason for this is not just the lower capacity utilization of these locations. It is based on a plan that includes branch closures, the modernization of branches in need of renovation and the construction of new buildings. The aim is to work more efficiently and save costs without jeopardizing the supply of cash – the focus is on safeguarding it.
Regardless of current cash developments, maintaining the Federal Bank’s presence is a top priority. This is an important decision that benefits the cash supply for all those involved in the cash cycle and ultimately for consumers.
Efficient logistics with digital solutions
This decision by the Federal Bank of Germany makes it clear: forward-looking planning paves the way to a secure future. Highly efficient logistics play a key role in this. Digitalization provides support. Banks and cash-in-transit companies can lay the foundation for this with a modern cash center, for example with the Pecunia cash center software. The application – which has also been available as a cloud-based solution since this year – promises more transparency, security and efficiency for cash management, keeping an eye on the increasing requirements of valuables logistics. Functions such as the systematic control of counts or the generation of federal bank deposits can also be added.
The integration of the MobiTour and MobiTick logistics apps enables flexible route planning, reliable fault management and ad hoc synchronization to ensure cash-related services and order processing. Combined, the strengths of both applications are revealed: They offer fast and secure data exchange between cash centers and tours.
Next step: automation and demand forecasting
Efficient planning based on actual demand is just as essential. As a specialist in the automation of cash processes and demand forecasting, Interactive Cash Control (ICC) is an important partner. With the help of AI models, managers can accurately predict actual cash requirements. This not only helps to reduce operational costs, but also improves the security and reliability of the cash supply.
The automation of cash processes and demand forecasting based on AI models are crucial for determining the actual demand for cash, serving it efficiently and thus successfully mastering current and future challenges.
Stability in times of change
The German Federal Bank sets an example: Branch closures at any price are not the solution. Instead, it is developing new ideas and concepts to ensure the supply of cash. The combination of efficient logistics, precise demand forecasts and advanced software to ensure a stable and reliable supply of cash is something that those responsible quickly realize when they take a closer look at the advantages in terms of speed, transparency and security.
Does modernization sound interesting to you? Then let’s discuss your options!
