FEATURED CASH MANAGEMENT CONTENT
-
Report: Cash Still Matters In The UK
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.
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.
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.
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.
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.
ARTICLES FROM INNOVATIVE RETAIL TECHNOLOGIES
-
Retail Tech Spending 2016
As the groundwork for enterprisewide data visibility falls into place, a game of connect-the-data dots is playing out in stores.
-
American Apparel Deploys Smart Safes To Drive Down Theft4/22/2013
The specialty apparel retailer uses smart-safe technology to protect its assets and employees.
-
4 Points Of Cash Control2/19/2013
How technology minimizes cash handling, helping retailers gain tighter control of an at-risk asset.
-
Smart Safes Evolve To Solve Problems, Save Money8/21/2012
Next-gen smart safes provide savings for the retailer.
FEATURED PRODUCTS
-
MEI CASHFLOW® SC World's leading fixed and multi-width bank note acceptor, widely deployed in self checkout, kiosk self service, retail security and many other global applications requiring high reliability and secure cash storage.
-
Tellermate 1000 Coin And Bill Counter
The 1000 is designed for businesses that place a priority on optimizing staff time. It can count a full cash register in under one minute, with valuable time savings that enable shorter, more efficient working days where efforts can be focused on tasks that improve your customers' experience.
-
Corporate Safe Specialists Treasury Series Safes The CSS Treasury Series enables closed-loop cash management processes improving productivity and maximizing cash flow while minimizing the risk of armed robbery, burglary and internal theft.
-
Tellermate Platinum Services The mission of Tellermate’s Platinum Support Services is to provide consistent, responsive, high-quality support to all our clients. To accomplish this, Tellermate offers a worry free Overnight Advance Exchange with Help Desk support service.
-
AccuBANKER: Cash Handling Analysis Inquiries Our experience in working with retailers means we know not only how cash handling is done in a retail environment, but how the technology available is used. We understand that you need your investment to achieve measurable results. So, all the analysis and recommendations by AccuBANKER is given with one thing in mind: to assist you in making informed, intelligent decisions.
CASH MANAGEMENT MULTIMEDIA
-
While cashless payment methods are no doubt surging, cash remains a highly relevant factor in many retail environments across the world. Implementing cash in a modern, technology-driven retail environment poses unique challenges, which can have retailers scratch their heads as they try to balance efficiency in labour hours and practicality in daily use.
-
Tellermate electronic cash-counters save you valuable time. Time you can spend with your customers and managing your business.