Ensuring travel money sites are stocked with the optimal mix and amounts of foreign currency whilst maintaining high customer service standards is essential.
We can provide your business with tailored, cloud-based, easy-to-use software solutions to automate currency orders so that your sites always have the right amount of currency, avoiding excess or reduced stock. You can also gain oversight of suppliers and your performance through reporting dashboards, giving you clear analysis and the ability to make accurate business decisions.
There’s also MarketView, an exclusive business analytics service available to members of the UK travel money sector who receive market share data and more, allowing members to measure KPIs against peers with precision.
Our philosophy has always been that answers don’t simply lie in formulas – they are achieved through a combination of human intelligence and advanced systems. Nowhere is that more evident at CMS Analytics than with our dynamic cash forecasting solution.
Our data scientists utilise advanced modelling by constantly monitoring sophisticated algorithms which continuously iterate through a roster of different forecasting techniques, ensuring that each currency at every site in your network has the optimal forecast at the right time. We typically reduce FX balances, increase availability and reduce the costs of cash by 25%.
Our travel money platform features a web-based portal for each of your sites to have visibility over their cash and help streamline the ordering process. Furthermore, on a corporate level, you will have complete visibility of where currency sits across your network through intensive dashboard MI.
To find out more about our travel money platform or to arrange a demo, get in touch.
MarketView is an exclusive business analytics reporting service designed specifically for the UK travel money sector. MarketView reports are delivered on both a weekly and monthly basis and include invaluable insights, allowing you to drive your business forward based on data-driven decisions.
You can measure key performance indicators and business metrics with accuracy and against peers, such as:
• Market share
• Regional analysis
• Site transaction and sales analysis
• Top performing currencies
As well as reporting, the MarketView peer group attend twice annual meetings which include exclusive CMS Analytics insights, guest speakers and a peer-to-peer led forum on industry topics. Members have the opportunity to propose new analytics for MarketView and topics for future MarketView meetings.
If you have any questions about CMS Analytics or our solutions for travel money operators, please contact us using the form below and a member of our team will get back to you shortly.
