Featured Cash Management Content

1. Report: Cash Still Matters In The UK 4/3/2023

   While cash use in the U.K. further declined during the COVID-19 pandemic, the RSA warns that a sudden shift to cashless would hurt older and vulnerable segments of society.

2. Choosing The Right Fit For Your Business: Anatomy Of A Cash Drawer 1/18/2022

   The cash drawer has been a key component of the retail business for as long as people have exchanged money for goods. If you accept currency, you need the best cash drawer, but choosing the right drawer and till solution requires planning, consideration, and a little research.

3. SMARTtill Solves Disappearing Cash Problem at Gainfort Stores 10/4/2021

   Gainfort Ltd. operates two convenience stores in Huntingdon, U.K., about 70 miles north of London. At the end of employee shifts, owner Sunil Lahal noticed a disturbing trend during cash counts: The totals were off.

4. A Supermarket's Recipe For Reducing Labor And Cash Loss 7/16/2021

   Most merchants still welcome cash gladly, however, managing it and the associated cost, is another matter especially for big supermarkets. It’s a big challenge. Handling bills and coins often leads to mistakes at the checkout and the backroom. Cash counts are time consuming, especially when there are discrepancies and multiple lanes, taking staff and managers away from other tasks.

5. Automated Cash Management Technology Becomes A Time Saver For Pennsylvania Hardware Store 12/4/2020

   Sometimes seeing is believing. Just ask the owners of Quincy Hardware in Waynesboro, PA, who were so impressed with a demonstration of APG Cash Drawer’s SMARTtill ® Intelligent Cash Drawer Solution that they simply had to have it. Never mind that the store had just deployed two brand-new cash drawers a year earlier.

6. Inside Cash Recycling’s Time, Money-Saving Major Upgrades 5/31/2018

   Cash remains as relevant in retail as it has ever been. Although slowly declining as a percentage of point-of-sale transactions, the amount of cash in circulation continues to grow in the United States. Managing this growing volume of cash remains problematic, as there are widely known cash handling challenges facing retail operations today.

7. Streamline Operations With Automatic Deposits 3/11/2013

   The days of using an adding machine to total your checks are over, as are the transposition errors and bank fees that come with that manual process. Check processing and delivery practices that require manual entry and armored carriers transporting documents are inefficient – and increasingly cost prohibitive.

8. Solving Retail’s Need For A Better Deposit Balancing Solution 3/11/2013

   With the cost of doing business continually on the rise, how can you maintain or increase profitability without raising prices or cutting back on service? Even if you’ve done all you can to lower your cost of goods and labor – are there any potential savings opportunities you have overlooked? There may be at least one.

9. Schnuck’s Adopts Tellermate's Cash Management System To Cut Operational Costs 8/13/2012

   Founded as a small corner grocery store, Schnuck Markets, Inc. now operates 100 state-of-the-art supermarkets in the Midwest United States. All locations offer a full line of groceries and most have pharmacies, DVD rental outlets, in-store banking and florist shops.

10. Cash Management Saves Supermarket Chain 360+ Employee Hours Per Store 9/16/2011
    Founded as a small corner grocery store, Schnuck Markets, Inc. now operates 100 state-of-the-art supermarkets in the Midwest United States. After a best practice review by a leading consulting firm, Schnuck’s decided to adopt Tellermate's cash management system in order to cut operational costs.