Guest Column
Proof Of Return On Cash Management Solutions Guest Series Part 2
By Bob Brown, regional manager, Tellermate Group
At first blush, the implementation of a cash management solution might not seem a likely path to quick and significant return, but a closer look reveals real and measurable ROI opportunity that might surprise you.
These specific operations are tallied under one of four general headers that we use to categorize potential return: hard labor savings, management labor savings, hard expense recovery and potential expense recovery. On average, by implementing a cash management solution where none existed, a retailer can expect to gain one hour of "hard labor savings" per day and win back two dollars per day in "hard expense recovery." These two measurements alone result in a typical ROI of less than six months. Many retailers have seen a return in less than three months.
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