Granted Patent B1

US 12,002,319 · App. 18/166,659 · Granted Jun 4, 2024

Inventors: Brian McCabe (Jupiter, FL); Wilfredo Rego (Jupiter, FL)

Assignee: G4S Retail Solutions (USA) Inc.

G07D11/23G06Q20/202G07D11/34G07D11/40

Abstract

Claims (50)

1. A system for cash handling device operation management, the system comprising one or more non-transitory memory storage areas and one or more processors collectively configured to:

monitor closing transaction data from a cash handling device identifying physical cash movement within the cash handling device for each of a first cash denomination and a second cash denomination and identifying physical cash locations in a recycler cassette of the cash handling device and in a deposit cassette of the cash handling device;

trigger a forecasting process for the cash handling device, the forecasting process comprising:

determining an operating fund for a plurality of register tills, wherein the operating fund for each register till of the plurality of register tills identifies an operating fund amount for the first cash denomination and the second cash denomination for a forecast period and wherein determining an operating fund for each of the plurality of register tills for the forecast period comprises:

retrieving historical usage data for the first cash denomination and the second cash denomination from each register till of the plurality of register tills; and

determining the operating fund for each register till of the plurality of register tills based at least in part on one or more of the historical usage data or manual adjustments;

determining a forecast starting content for each of the first cash denomination and the second cash denomination within the recycler cassette at the cash handling device for the forecast period;

comparing the forecast starting content for each of the first cash denomination and the second cash denomination against the operating funds determined for each of the plurality of register tills; and

generate a user interface displaying the operating funds determined for each of the plurality of register tills.

2. The system for cash handling device operation management of claim 1 , wherein determining a forecast starting content for each of the first cash denomination and the second cash denomination at the cash handling device for the forecast period comprises retrieving a closing content for each of the first cash denomination and the second cash denomination from the closing transaction data.

3. The system for cash handling device operation management of claim 2 , wherein the forecast period is embodied as a first forecast period of a plurality of forecast periods, and wherein the plurality of forecast periods comprise the first forecast period and a second forecast period occurring consecutively after the first forecast period; and

wherein the forecasting process additionally comprises determining a second forecast starting content for each of the first cash denomination and the second cash denomination for the second forecast period at least in part by:

determining a forecast closing content for each of the first cash denomination and the second cash denomination after the first forecast period based at least in part on one or more of: the closing transaction data and historical data relevant to the first forecast period.

4. The system for cash handling device operation management of claim 1 , wherein the one or more processors are further configured to, upon determining the forecast starting content for at least one of the first cash denomination or the second cash denomination does not satisfy the operating funds for the plurality of register tills for the forecast period:

determine a cash transfer time to provide a forecast starting content of each of the first cash denomination and the second cash denomination to satisfy the operating fund for each of the first cash denomination and the second cash denomination for the forecast period; and

populate a portion of an order record with data identifying the cash transfer time.

5. The system for cash handling device operation management of claim 1 , wherein the forecasting process additionally comprises:

determining a forecast content of cash within the deposit cassette at the cash handling device for the forecast period;

comparing the forecast content of cash within the deposit cassette at the cash handling device against a deposit cassette threshold; and

upon determining that the forecast content of cash within the deposit cassette at the cash handling device for the forecast period exceeds the deposit cassette threshold for the forecast period, transmitting an order record to an external computing entity to initialize a cash transfer from the cash handling device.

6. A computer-implemented method for cash handling device operation management, the method comprising:

monitoring closing transaction data from a cash handling device identifying physical cash movement within the cash handling device for each of a first cash denomination and a second cash denomination and identifying physical cash locations in a recycler cassette of the cash handling device and in a deposit cassette of the cash handling device;

triggering a forecasting process for the cash handling device, the forecasting process comprising:

determining an operating fund for a plurality of register tills, wherein the operating fund for each register till of the plurality of register tills identifies an operating fund amount for the first cash denomination and the second cash denomination for a forecast period and wherein determining an operating fund for each of the plurality of register tills for the forecast period comprises:

retrieving historical usage data for the first cash denomination and the second cash denomination from each register till of the plurality of register tills; and

determining the operating fund for each register till of the plurality of register tills based at least in part on one or more of the historical usage data or manual adjustments;

determining a forecast starting content for the first cash denomination and the second cash denomination within the recycler cassette at the cash handling device for the forecast period;

comparing the forecast starting content for the first cash denomination and the second cash denomination against the operating funds determined for each of the plurality of register tills; and

generating a user interface displaying the operating funds determined for each of the plurality of register tills.

7. The computer-implemented method for cash handling device operation management of claim 6 , wherein determining a forecast starting content for each of the first cash denomination and the second cash denomination at the cash handling device for the forecast period comprises retrieving a closing content for each of the first cash denomination and the second cash denomination from the closing transaction data.

8. The computer-implemented method for cash handling device operation management of claim 7 , wherein the forecast period is embodied as a first forecast period of a plurality of forecast periods, and wherein the plurality of forecast periods comprise the first forecast period and a second forecast period occurring consecutively after the first forecast period; and

wherein the forecasting process additionally comprises determining a second forecast starting content for each of the first cash denomination and the second cash denomination for the second forecast period at least in part by:

determining a forecast closing content for each of the first cash denomination and the second cash denomination after the first forecast period based at least in part on one or more of: the closing transaction data and historical data relevant to the first forecast period.

9. The computer-implemented method for cash handling device operation management of claim 6 , wherein the forecasting process additionally comprises:

determining a forecast content of cash within the deposit cassette at the cash handling device for the forecast period;

comparing the forecast content of cash within the deposit cassette at the cash handling device against a deposit cassette threshold; and

upon determining the forecast content of cash within the deposit cassette at the cash handling device for the forecast period exceeds the deposit cassette threshold for the forecast period, transmitting an order record to an external computing entity to initialize a cash transfer from the cash handling device.

10. A computer program product comprising a non-transitory computer readable medium having computer program instructions stored therein, the computer program instructions when executed by a processor, cause the processor to:

monitor closing transaction data from a cash handling device identifying physical cash movement within the cash handling device for each of a first cash denomination and a second cash denomination and identifying physical cash locations in a recycler cassette of the cash handling device and in a deposit cassette of the cash handling device;

trigger a forecasting process for the cash handling device, the forecasting process comprising:

determining an operating fund for a plurality of register tills, wherein the operating fund for each register till of the plurality of register tills identifies an operating fund amount for the first cash denomination and the second cash denomination for a forecast period and wherein determining an operating fund for each of the plurality of register tills for the forecast period comprises:

retrieving historical usage data for the first cash denomination and the second cash denomination from each register till of the plurality of register tills; and

determining the operating fund for each register till of the plurality of register tills based at least in part on one or more of the historical usage data or manual adjustments;

determining a forecast starting content for the first cash denomination and the second cash denomination within the recycler cassette at the cash handling device for the forecast period;

comparing the forecast starting content for the first cash denomination and the second cash denomination against the operating funds determined for each of the plurality of register tills; and

generate a user interface displaying the operating funds determined for each of the plurality of register tills.

11. The computer program product of claim 10 , wherein determining a forecast starting content for each of the first cash denomination and the second cash denomination at the cash handling device for the forecast period comprises retrieving a closing content for each of the first cash denomination and the second cash denomination from the closing transaction data.

12. The computer program product of claim 10 , wherein the forecast period is embodied as a first forecast period of a plurality of forecast periods, and wherein the plurality of forecast periods comprise the first forecast period and a second forecast period occurring consecutively after the first forecast period; and

wherein the forecasting process additionally comprises determining a second forecast starting content for each of the first cash denomination and the second cash denomination for the second forecast period at least in part by:

determining a forecast closing content for each of the first cash denomination and the second cash denomination after the first forecast period based at least in part on one or more of: the closing transaction data and historical data relevant to the first forecast period.

Assignments (9)

Continuity (3)

Cited By (3)

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