A Few Important Advantages of Investing in Coin Sorters

    Mar 18 2020

    Topics: Canada, Entertainment & Amusement, Coin Sorters

    You might think a coin sorter is a great tool for personal use, but there are many businesses that could benefit from one as well. In fact, most coin sorters are intended for business use, as they can process thousands of coins in just minutes.

    As you might imagine, if you run a business like a laundromat or another shop driven by coins, then a coin sorter is absolutely invaluable.

     

    If you’ve ever considered a coin sorter but weren’t sure if they were worth the investment, you’ll want to review these important advantages. They make investing in a coin sorter for your business worth every penny.

    A Coin Sorter Saves You Time

    Picture a laundromat. Every day, customers use coins to operate the machines. If you’re running all day and all night, that might mean a lot of coins are collected during hours of operation.

    You also need to make change for customers who come in with bills. Having easy access to coins and getting them put back in your change drawer in short order is key. You don’t want them tied up and unavailable for use as one of your employees counts in the backroom.

    Further, counting all those coins by hand is time-intensive. Instead, let the machine take care of it for you. A coin sorter processes coins faster than your team members can, and it’s much more accurate. With one of these devices in play, your coins will be sorted, counted, and rolled much faster than ever before.

    With this time-consuming task off their plates, your team members can get back to the things that really matter, like helping your customers or keeping the storefront neat and attractive.

    Coin Sorters Can Save Money

    Time is money, and the less time you have to spend counting and sorting money, the more time you can dedicate to increasing your business revenue. Not only that but coin sorters take plenty of time pressure off your team members, particularly any in-house account services you use. In this way, the whole business can actually benefit from the use of a coin sorter.

    How so? When your accounting team spends less time on sorting coins, they can spend more time elsewhere. You may also be able to save some labour hours here, which you can then put to other initiatives. The more you can invest in your business, the more it will grow. In turn, you can make the bottom line look better in more ways than one.

    You Have Endless Options

    One thing you may not have realized is that you have plenty of choice when it comes to adopting a coin sorter. There's a wide variety of coin sorters out there, which means you have a world of possibilities in front of you when it comes time to make the purchase. Do you need a coin counter or coin sorter? Are you looking for a machine that can also count and roll coins after sorting them? All of these features and more are available on different coin sorting models.

    By choosing the right model, you can maximize the benefits for your business. That translates to more time savings and more cost savings for your business at every turn.

    A Coin Sorter Can Offer Competitive Advantages

    If you have to process numbers quickly and accurately, a coin sorting machine could be the competitive edge your business needs. This is especially true if you work with physical cash every day, in a laundromat, a corner store, or even a restaurant or casino. A coin sorter and counter allows you to get the accurate information you need fast.

    That, in turn, could give you the competitive edge. You may be able to reduce your store float or provide better customer service.

    With the right technology in place, your business can get ready to grow.



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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

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