The Industrial and Commercial Bank of China Zhongshan (ICBC Zhongshan) has chosen NCR APTRA OptiCash software to help reduce its operational costs and cash inventory. In a press release issued on Tuesday, the bank said that it will use the new system for managing inventory in order to improve efficiency and lower costs.
The Industrial and Commercial Bank of China Zhongshan (ICBC Zhongshan) has chosen NCR APTRA OptiCash software to help reduce its operational costs and cash inventory. Until recently, the bank used to manage cash by relying heavily on short-term data forecasts and the experiences of staff members to make daily cash replenishment visits; however, recent moves such as this have saved ICBC Zhongshan more than 20% on cash management services year on year so far.