Category

Cash Automation
Without efficient management, currency and coin handling and processing represents a significant challenge within gaming operations. This is true for casinos and their retail operations and the impact is felt in terms of customer service, through to staff efficiency and ultimately in profitability. Some of the top gaming organizations are applying supply chain best practices...
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There’s a lot of redundancy built into the flow of cash within the branch. It makes sense because security and accuracy are paramount. But with the aid of advanced cash recycling technology, you can overcome the redundancy, resource drain and management oversight required by handling cash. And you can increase security and accuracy at the...
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Losses are considered part and parcel of owning a retail business. Businesses even have a line in their accounting for it. The majority of retail loss comes from either internal losses or mishandling cash. There’s no reason your business has to suffer, however, because with these steps, you can improve your business’ cash handling and cut down...
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Retail store owners know all too well the headaches that come with handling cash. Spending hours counting, sorting, and reconciling cash at the end of the day can get pretty tedious. And storing and driving large volumes of cash to the bank can make even the most experienced manager feel uneasy and unsafe. Thankfully, business...
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Cash is a physical item. The way you handle it has implications for labour costs and your overall operational efficiency.  While cash acceptance solutions have been deployed for many years, more recently retailers are seeing the additional benefits delivered by cash recyclers and the ‘re-use it’ logic remains compelling. Cash recyclers enable banks and retailers...
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When one looks at the hot topics in retail today, no shortage of economists, journalists, industry thought-leaders and technology pundits are talking about the future of payments. One topic that many aren’t really discussing is managing large volumes of cash receivables.     According to an article in the Wall Street Journal, two economists from the Federal...
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Any business owner can tell you that one of the challenges of handling a large amount of currency is finding a cash management solution that guarantees precision and accuracy every time, decreasing the margin of error and ensuring future success for the business. Cash recycling is often this solution for many. This retail management system...
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Processing and handling cash is an everyday occurrence in most banking and retail settings and something that may not get a lot of second thought. From accepting transactions to counting and balancing registers, there is a lot of work that goes into processing cash. More recently, cash management processes have been revolutionized with the introduction...
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Cash Recyclers are advanced systems that help automate the cash room processes of organizations such as big box retailers, warehouse clubs, supermarkets, and other institutions that handle large volumes of cash on a daily basis. A cash recycler can accept, dispense, and secure the cash needed to run the day-to-day operation of a store, while...
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Part 1: Staffing Much has been written, discussed and spent on the topic of Branch Transformation over the past few years.  Yet, with all the exploration, experimentation, and evaluation, no single formula for success has emerged. Financial institutions continue to search for answers appropriate to their individual organizations. Tech suppliers continue to say they can...
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