FEATURED CASH MANAGEMENT CONTENT
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Report: Cash Still Matters In The UK
While cash use in the U.K. further declined during the COVID-19 pandemic, the RSA warns that a sudden shift to cashless would hurt older and vulnerable segments of society.
The cash drawer has been a key component of the retail business for as long as people have exchanged money for goods. If you accept currency, you need the best cash drawer, but choosing the right drawer and till solution requires planning, consideration, and a little research.
Gainfort Ltd. operates two convenience stores in Huntingdon, U.K., about 70 miles north of London. At the end of employee shifts, owner Sunil Lahal noticed a disturbing trend during cash counts: The totals were off.
Most merchants still welcome cash gladly, however, managing it and the associated cost, is another matter especially for big supermarkets. It’s a big challenge. Handling bills and coins often leads to mistakes at the checkout and the backroom. Cash counts are time consuming, especially when there are discrepancies and multiple lanes, taking staff and managers away from other tasks.
Sometimes seeing is believing. Just ask the owners of Quincy Hardware in Waynesboro, PA, who were so impressed with a demonstration of APG Cash Drawer’s SMARTtill ® Intelligent Cash Drawer Solution that they simply had to have it. Never mind that the store had just deployed two brand-new cash drawers a year earlier.
ARTICLES FROM INNOVATIVE RETAIL TECHNOLOGIES
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Retail Tech Spending 2016
As the groundwork for enterprisewide data visibility falls into place, a game of connect-the-data dots is playing out in stores.
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American Apparel Deploys Smart Safes To Drive Down Theft4/22/2013
The specialty apparel retailer uses smart-safe technology to protect its assets and employees.
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4 Points Of Cash Control2/19/2013
How technology minimizes cash handling, helping retailers gain tighter control of an at-risk asset.
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Smart Safes Evolve To Solve Problems, Save Money8/21/2012
Next-gen smart safes provide savings for the retailer.
FEATURED PRODUCTS
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Tellermate 1000 Coin And Bill Counter
The 1000 is designed for businesses that place a priority on optimizing staff time. It can count a full cash register in under one minute, with valuable time savings that enable shorter, more efficient working days where efforts can be focused on tasks that improve your customers' experience.
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Tellermate 3000 Connected Coin And Bill Counter
The 3000 is designed for straight-forward record keeping and reporting of cash management. It can be connected to a PC via USB and will send simple report data into a word processing document or a spreadsheet. Tellermate 3000 Connected Coin And Bill Counter
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Tellermate 2000 Coin, Bill, Coupon, And Token Counter
The 2000 is designed for businesses that want to streamline their cash processes for tighter control, allowing more time for other tasks. It can count a cash drawer (including gift vouchers and tokens) and prepare a bank in a single operation in under one minute. Faster counts enable more audits and checks to be performed, giving managers real-time information that can be swiftly acted upon when discrepancies occur. The 2000 can also connect to a Tellermate printer for production of mini reports that can be signed for accountability, creating a complete audit trail.
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Minota Cash Drawer
Designed with a clean, stylish molding and steel construction that is both secure and light weight, the Minota Cash Drawer is a reliable, low cost robust cash drawer.
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T-iX Series Cash Management Solution The T-iX series is the latest product range in weight-based cash counting technology from Tellermate. T-ix machines are designed to help improve productivity and reduce shrink for groceries, c-stores, restaurants, retailers and other cash-intensive industries by reducing the time and cost of processing cash.
CASH MANAGEMENT MULTIMEDIA
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While cashless payment methods are no doubt surging, cash remains a highly relevant factor in many retail environments across the world. Implementing cash in a modern, technology-driven retail environment poses unique challenges, which can have retailers scratch their heads as they try to balance efficiency in labour hours and practicality in daily use.
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Tellermate electronic cash-counters save you valuable time. Time you can spend with your customers and managing your business.