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Does Your Cash Management Solution Provider Offer Life Cycle Management?

Posted by Robin Steinberg

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June 23, 2017 09:00 AM

Within a competitive retail industry, every business is looking for ways to maximize its profitability. Technology and customer demands are constantly changing and businesses must transform to keep up and stay afloat. The same rules apply when it comes to cash management: it’s crucial to invest in your cash management procedure to increase your profit margins for handling cash. Improving your retail cash management has a positive bearing on your overall profitability.

Download our free guide to find out how to improve your business with an  automated cash management solution.

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Topics: Cash Management Solutions

A Few Tips to Help You Choose the Best Coin Counters

Posted by Andrea Lombardi

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June 21, 2017 09:00 AM

Coin counters are some of the biggest time-saving devices available to the public today, but picking the right one can be a bit of a challenge. For instance, a sophisticated retail operation will require a different machine than a penny-saving consumer. With the extremely wide variety of coin counting machines out there, it can be difficult to tell toys from office tools at times. 

But there's no need to worry yourself sick. In fact, choosing an electronic coin sorter and counter may be easier than you think as long as you have the right set of guidelines to use in your search. Here are some great tips that will help you choose the best coin counters for your needs. 

Download our free guide for CFOs to find out how cash handling is affecting  your bottom line.

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Topics: Currency Counter

A Few Important Advantages of Investing in Coin Sorters

Posted by Andrea Lombardi

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June 19, 2017 09:00 AM

Coin sorters are incredibly useful tools not only in your personal life, but in your professional life, too. They might be just a small convenience to help you keep track of your spare change at home, but to a business they can provide numerous additional benefits. 

If you've ever considered getting more financially organized and better at managing your coins, coin counters could be the solution you've been looking for. Here are just a few of the many advantages that come with investing in a currency-sorting machine. 

Download our free guide for CFOs to find out how cash handling is affecting  your bottom line.

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Topics: Currency Counter

7 Simple Cash Management Tips for Greater Efficiency

Posted by Robin Steinberg

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June 07, 2017 09:00 AM

In an industry where out-performing your competition is key, running an efficient business is a priority. Regardless of how well your products sell, slow operations will place a huge dent in your profitability. To keep your head above water, maximizing efficiency across your business is crucial to your success.

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Topics: cash management

Top 10 Best Practices & Procedures for Handling Cash

Posted by Robin Steinberg

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June 05, 2017 09:00 AM

When you’re busy with the day-to-day tasks of running a business, managing how you handle cash can seem like a daunting task. The cash management process involves a number of moving parts, each of which is important to your overall success. It’s crucial for retailers to protect their businesses by running a tight cash management ship!

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Topics: cash handling

Do You Know These 5 Ways to Reduce Shrinkage in Retail?

Posted by Robin Steinberg

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June 02, 2017 09:00 AM

Shrinkage is an issue that every retailer seems to face. Losses of inventory and cash can occur as a result of theft, shoplifting, admin mistakes, and vendor fraud. While it may seem overwhelming to try and avoid theft and fraud there are several ways to reduce shrinkage in retail.

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Topics: cash management

How Full Cash Room Automation Can Help Casinos Increase Productivity

Posted by Robin Steinberg

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May 31, 2017 09:00 AM

Managing a casino is an action-packed undertaking with many different facets to keep track of, from food to games to merchandise. With all of that—and more—on the go, managing the cash flow of a massive 24-hour business is a challenge! Casinos may have 100 different cash registers operating at the same time each day and have hundreds of staff members working each day. In this busy setting, it’s easy for cash to be misplaced and incorrectly processed.

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Topics: cash management

How Fast Can Cash and Cheque Scanners Work?

Posted by Andrea Lombardi

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May 29, 2017 09:00 AM

If your business processes dozens or even hundreds of cheques per day, it's important to invest in high-speed scanners to accommodate all of your processing needs. Here's a bit more information on just how much these machines can do for your business.

If you're looking for a cheque scanner that can handle the high volume of money your business processes on a daily basis, you need to consider what the most streamlined option looks like. Businesses that process more than 50 cheques per day are considered high volume, and an ordinary scanner just won't do the trick.

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Topics: Cheque Scanner

3 Industries That Benefit from Smart Safes

Posted by Robin Steinberg

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May 26, 2017 09:00 AM

Security is a struggle for many businesses that handle large volumes of cash; protecting cash takes a combination of effort, teamwork, and technology. Boosting your security is worth the extra time and attention to avoid costly losses that result from theft or fraud. After processing your cash, you need to make sure it stays secure until you make a deposit at the bank. Updating your cash management process will allow you to increase your security and make the most out of handling cash.

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Topics: Smart Safes

A Beginner’s Guide to Smart Safes

Posted by Robin Steinberg

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May 24, 2017 09:00 AM

Keeping up with the latest technology is key for growing and developing your retail business. While customers are demanding more ease and convenience when they shop, retailers should take advantage of the technology that is available to not only improve the customer experience but to improve business as well. Making an investment in technology has a positive impact on retail cash management, creating savings in time and money for business owners.

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Topics: Smart Safes

How to Improve Your Business With An Automated Cash Management Solution

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