Enhancing Profitability Through A Cash Management System

By Ed Grondahl

Some of the most progressive retail operators have already replaced traditional drop safes with cash management systems (CMS). A cash management system incorporates traditional benefits of a safe, such as robbery prevention and time delay change funds, but also employs bill and coin handling technology, as well as its own operating system. Today’s cash management systems connect to corporate networks to facilitate data exchange and remote management of the system.

Profitability Enhancement - The cost of a CMS is very quickly recovered through the recurring savings garnered by the system itself. What initially may appear to be a “cost” quickly becomes a “profit generator” that produces annualized cash and non-cash savings. Typical systems pay for themselves within 6-9 months yet continue to produce savings indefinitely.