The flexible and dynamic cash cycle reporting tool
Unearth banknote performance insights only possible using the big data analytic power of NoteChain®The power of this all-encompassing big data program offers a revolutionary approach for the banknote industry. For the first time, Central Banks can efficiently explore billions of specific currency data points to understand the true reality of what is happening to their banknotes in the cash cycle and why.
Visualise your currency in a whole new light
Ask any question about your currency’s performance.With the ability to analyse the data in any number of ways, NoteChain® will provide the answer in the form of a beautiful dashboard display that makes understanding and discussing the results of its analysis easy. Creating effective visualisations gives data purpose. The data crunching is impressive, but if you are looking to interpret that data into meaningful information, NoteChain® dashboard visualisations are a standout feature.
What questions can NoteChain® answer?
- How hard are your banknotes working in circulation?
- What is the current life of notes in circulation (by denomination or series or within a geographical area)?
- How much does a banknote (by denomination or series) cost in circulation per day, per month, each year?
- Which banknotes are performing the best and why (denomination, series)?
- How efficiently are banknotes being distributed?
- And many more...
What data points should I use?
- New note delivery
- Return for processing
- Re-issue into circulation
The desk pilot program
Trial the software quickly, easily and for free
The live pilot program
Six months that will change the game
Experience the true capability of NoteChain® through the collection of cash cycle data for a six-month period.By systematically collecting and analysing live data at regular intervals, a true picture of your banknotes’ performance will emerge. It is through the comparison of multiple data sets over time that NoteChain® will identify and make evident trends, relationships and previously unseen performance correlations. Six months’ data is sufficient to start to see trends and to demonstrate the operational benefits of NoteChain®. Maximising the full potential will take longer but the key benefits and capability will be clear. On-going insights of NoteChain® become more powerful as the total volume of data grows, making Continuous Improvement of the currency system a business process for the long term. The Future of Currency Management is now a reality: Decision-making based on facts and evidence made possible only through the big data analytic power of NoteChain®