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...Read More
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...Read More
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...Read More
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...Read More
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...Read More
Making money is what makes a business successful, but there’s an extra step between making money and depositing it into your bank account. That extra step is your cash handling process, and it might be costing you money. In order to prevent this, you should invest in a smart safe. Smart Safes Smart safes are a...Read More