Improve Casino Security with Automated Cash Management

    Jul 13 2018

    Topics: cash management

    As global gaming profits continue to grow, security issues casinos must avoid become more prevalent and demanding. If there was a way to protect your casino from cash exposure and losses, would you be interested? Of course, you would.

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    If you’ve been searching desperately for a way to minimize cash management issues at your establishment, you’ve come to the right place. Keep reading to discover why automated cash management is the easy solution to your problems. Don’t let your business fall victim to threats; be proactive and invest in automated cash management today.

    Reduce Cash Exposure

    One of the most common security issues casinos face is cash exposure. Your money is most at risk when it is on the move. In order to mitigate this risk, you need to limit the transit time of your employee floats and accumulated cash. While you may be questioning how this is possible, as you need to collect and distribute money around all areas of the casino floor on a constant basis, an automated cash management system such as a coin and bank note recycler can keep your money moving, reducing the need to transport it. As the name indicates, it recycles the cash and coins that go in, meaning that you can use the same cash on a continuous basis, limiting the number of times it needs to be distributed and picked up.

    A coin and bank note recycler also stores money at various safe and convenient locations, accessible only by authorized users. This inhibits the risk of exposure to your money while also keeping track of who from your establishment is accessing it.

    Reduce Internal Losses

    By reducing cash exposure with cash management solutions, you can reduce the risk of internal losses. The fewer employees who are handling cash, the lower the risk of human error when reconciling floats and cash sales.

    Automated cash management systems can prepare your daily floats, count and sort your money, and keep your cash safe and secure. This means there’s no counting or recounting, drastically minimizing the direct contact your employees have with your money. This not only protects you from losses but also gives your employees more opportunities to engage and interact with your customers, drastically improving the level of customer service at your establishment.   

    When you can reduce internal losses and improve reconciliation, you can improve your casino’s bottom line.

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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