Does Your Cash Management Solutions Provider Provide Consulting?

    Oct 14 2015

    Topics: Cash Management Solutions

    If you already work with a cash management solutions provider, then you certainly understand the importance of efficient cash management as it relates to the success of your business. You know that using products like cheque scanners, counterfeit detectors, currency recyclers, and coin and bill counters and sorters can streamline your operations, increase security, reduce losses, increase accuracy, and drive savings.

    Cash management solutions are key to your financial success. But your cash management solutions provider might not be providing you with everything that you need. If you feel like you’re just purchasing products rather than engaging in a partnership, then it might be time to reconsider your options.

    Consulting Services

    You have expertise in your industry, whether you own a retail store, restaurant, casino, or any other type of business that deals with cash. However, you might not have the required expertise to make the right decisions when it comes to your cash management. Although this is completely understandable, it also means that you need a cash management solutions provider that can help you make the best decisions for your company—a provider that knows the ins and outs of every product, from every brand, and can provide advice, support, and guidance.

    You don’t want to be left to your own devices and end up making the wrong decision that wastes your company’s money because your cash management solutions provider is too focused on transactions to put customer service first. What you need is a provider that is 100% customer focused.

    When you partner with a provider that offers consulting services, you will receive trusted, strategic advice about brands, solutions, prices, features, and benefits, so you can make the most informed decisions. Don’t risk investing in products that won’t help you achieve your goals. A provider that offers consulting services can get your cash management on the right track—no more guessing, no more hoping and praying. Just solid, trusted advice.

    Customized Solutions

    To really get the most out of your cash management solutions, you need to ensure that the products you’re investing in are truly right for your business. No business’s finances are exactly alike. You will have different risks and challenges and need to focus on different solutions. For example, one company might handle a lot of coins, like an arcade, and need a high-volume coin counter, while another will accept a lot of cheques and would see better results with a cheque scanner.

    A cash management solutions provider that offers consulting services will also be able to provide customized solutions—which is essential for getting the best return on investment. To get the best value for your money, you can’t go with a one-size-fits all approach that many providers offer.

    The right cash management solutions provider will take all of your unique circumstances into consideration—your security risks, your budget, your cash handling challenges, the number of cashiers you have, the size of your business, the volume of cash coming in daily, and more. Once all of these factors have been carefully identified and considered, your provider will come up with a range of solutions that will work best for your unique business needs. Your provider will suggest products that are customized for you—not the guy that came in before you or the one who will come in next—so you can truly optimize your cash management.

    Choose the Right Provider

    Choosing the right cash management solutions provider is a critical element to ensuring your financial success. If your current provider doesn’t offer consulting or customized solutions and you often feel like you’re left to make your own decisions, consider making the switch to a customer-focused solutions provider instead.

     

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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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    Mississauga ON, L5S 1P3

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