How Cash Management Solutions Can Benefit Your Business

    Sep 09 2015

    Topics: Cash Management Solutions

    Running a business can be incredibly stressful, especially financially. You're constantly running money-saving scenarios through your head to see where you can spend less without sacrificing quality of products or services. The problem is, there really aren't a ton of things you can do to combat that while holding up your standards. Well, cash management solutions can help with this issue. While you'll spend some money up front to purchase them, the improvement in efficiency and accuracy will not only save you money, but also likely bring more business. Read on for just a few solutions and how they can help.

    Counters and Sorters

    Cash counters and coin sorters can count and sort your money faster and more accurately than an employee can. Counting by hand takes time and often a few count-throughs to ensure accuracy and combat human error. These machines will eliminate this issue and ensure 100% accuracy, helping both the customer and the employee.

    Cash Recycler

    There are a number of cash recycling solutions. A small cash recycling system can sit at the counter and will takes money in and dispenses the correct amount of change back to the customer. The larger recycling solutions dispense floats, count back floats and sales and provides end of day reports to make reconciliation simple and accurate. Like the currency counting machine, they all ensure a fast and accurate transaction, validate, and check for counterfeit notes. It frees the employee up for more customer service while simultaneously improving the customer experience.

    Counterfeit Detector

    This one is obvious, but a counterfeit bill detector machine will do wonders for your business. Catching a counterfeiter in the act will help not just your business, but likely other businesses in the area as well. With new technology, it is easier than ever to fake any type of currency. Rather than relying on traditional methods, this is a fast and accurate way to protect yourself against counterfeit.

    Invest in Cash Management

    Are you inspired to change it up and invest in one or more of these cash management solutions? Can you see how they may be able to benefit your business? Give us your thoughts!

    How to Improve Your Business With An Automated Cash

    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