Low Transaction Volume Branches: An Overlooked Opportunity
Defined as a branch with less than 3,000 front-line transactions per month, on average, LVBs represent 25% of most retail branch networks, yet only 8% of the total transaction volume.
This white paper white paper offers tips that can significantly reduce the negative financial impacts that LVBs are having on their branch networks, including:
- Utilizing a universal associate model to optimize workflow
- Adjusting hours or completely closing some LVBs
- Minimizing employee idle time by relying on sophisticated employee scheduling software to assign more meanignful tasks during downtimes in traffic