3 Benefits of Using a Currency Counter at a Casino

    Nov 07 2014

    Topics: Currency Counter, Casino

    Few places handle the high volume of cash flow like casinos. With thousands of people spending thousands of dollars in your establishment on a daily basis, handling your cash flow properly is obviously of utmost concern. The process you use to handle this flow must be efficient, accurate, and secure. By using currency counters in your establishment, you can accomplish these goals to help reduce complexity and maximize your revenue.

    Efficiency

    As you are no doubt aware, the gaming industry has an incredibly high rate of cash flow and an equally high rate of turnover for that cash. Large volumes of currency are being processed and moved in and out of your casino every single day. In order to accomplish this, you would typically need to devote significant time and resources. Dealing with this aspect of your business is likely one of your top priorities, though not always the easiest. However, this tedious process can be streamlined with the addition of currency counters. By utilizing these machines, your casino can dramatically increase the rate at which your process this large volume of cash, while simultaneously reducing a great strain on your casino's resources.

    Accuracy

    Just as efficiency is a top priority for handling large cash volumes, you most also prioritize accuracy. With large volumes of cash flowing in and out of your casino, the likelihood of errors and miscounts is high. This is especially true in complex and resource intensive operations that have yet to be streamlined. Again, currency counters are an excellent safeguard against this common hazard. Counters drastically reduce the amount of complexity involved in cash handling, thereby reducing the risk of error. In addition to reducing complexity, many currency counters are also able to identify bills by denomination, helping to ensure the most accurate count possible.  This helps to ensure you get an accurate picture of your revenue, deposits, and overall cash flow.

    Security

    Any operation dealing with large volumes of cash needs to take the security of that currency very seriously. When using currency counters to improve the efficiency and accuracy of your cash handling, you are already improving security greatly. This is accomplished by reducing the number of employees which come into contact with the currency, keeping an accurate count of your cash flow, and speeding up the overall process to reduce the amount of time your money is vulnerable.

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    Andrea Lombardi

    Andrea Lombardi

    Andrea joined the CashTech team upon its inception in 2003. Learning the business from the ground up, she now utilizes her expertise in account management, planning, and negotiation while managing the daily operations of CashTech’s sales, marketing, and logistics departments. Andrea holds a bachelor’s degree from the University of Western Ontario. She enjoys travelling and has a passion for personal fitness, including obtaining her kettlebell certification. Andrea lives in Toronto with her husband and two young sons.

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    1040 Cardiff Boulevard
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