5 Ways the SUZOHAPP SPS-700/800 Smart POS Is Reinventing Retail Cash Management

    Jul 30 2020

    Topics: Bank Note and Coin Recycler

    Retail stores have faced difficulties lately, and that means business owners like you have to get creative. With the retail landscape tightening up more than usual, you must find ways to ensure your store is operating at peak efficiency.

    Reduce the costs of cash with a currency recycler. Request information today!

    An area that business owners often overlook is retail cash management. Cash handling is time intensive, and the costs of cash are often higher than you realize. Seeking solutions to streamline operations, increase efficiency, and lower costs is never a bad idea.

    There’s good news, because technology is leading the way in creating even better options for retailers like you. One of them is the SUZOHAPP SPS-700/800 smart POS solution. This new integrated solution is changing retail cash management in many different ways. Here are some of the improvements you can expect with the SUZOHAPP SPS-700/800.

    1. A Truly End-to-End POS Solution for Your Business

    The biggest advantage of the SUZOHAPP SPS-700/800 smart POS solution is that it provides end-to-end cash management for your business. From the moment of sale, the smart POS solution is ready to handle cash. Like a cash recycler, it assists with counting and sorting, making change, storage, and counterfeit detection.

    It also goes further, managing your funds all the way to your account. Instead of managing cash through several different devices, you can streamline your operations.

    With fully automated cash recycling behind them, your team will spend less time handling cash and managing their floats, and more time serving customers. Your cash attendants will also spend less time preparing deposits and counting up tills, which reduces overhead.

    2. SUZOHAPP SPS-700/800 Minimizes Contact

    How many touch points are there in your cash handling procedures right now? With the SUZOHAPP SPS-700/800, you can reduce those touch points even more.

    The SPS-700/800 is a customer-facing cash solution; this means your team members don’t have to handle your cash nearly as often. Instead, they can focus on delivering better customer service or completing other tasks on their to-do list. Minimizing contact also reduces risk for the business, improving cash security.

    3. Increase Accuracy with a Smart POS Solution

    Another major benefit of the SUZOHAPP SPS-700/800 is improved accuracy. One of the reasons your team handles your cash more than once is that they need to tally it up. If their counts are inaccurate for any reason, they may not be able to balance the books. In turn, they have to go back and recount cash until they find and correct the error.

    When you adopt a smart POS solution, accuracy can increase. Cash automation devices are much more accurate than your human team members, even when your team has expertise in handling cash. The devices reduce errors, which means you can have a better picture of your cash at all times.

    Beyond that, it also frees up time for your team members. They don’t need to spend time recounting and double-checking the books. Instead, they can get back to the real business of your retail store: helping your customers.

    4. Reduce Retail Risks with a Smart POS Solution

    Another advantage of a smart POS solution like the SUZOHAPP SPS-700/800 is that it can reduce some of the risks you face as a retailer.

    This solution comes with built-in counterfeit detection, which means you can catch banknotes at the point of sale. This gives you the opportunity to weed them out of circulation before they land in your safe.

    The security and storage features of a smart POS solution also work to protect your team members from other risks, such as theft.

    5. A Small Footprint Means the SUZOHAPP SPS-700/800 Fits Almost Anywhere

    Finally, the SUZOHAPP SPS-700/800 smart POS solution has a small footprint, which means it can fit into the tightest of retail spaces.

    If you’re operating a retail store, investing in a smart POS solution is one of the best moves you could make. It can help you manage cash in a whole new way.

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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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    CashTech Currency Products Inc.
    1040 Cardiff Boulevard
    Mississauga ON, L5S 1P3

    905.696.0733