New and nontraditional competitors, razor-thin profit margins and disruptive events are challenging the grocery marketplace. To satisfy customers and grow revenue streams, grocers are seeking new ways to compete effectively in this changing environment. Most grocers are taking a long, hard look at their operations to find new opportunities to increase efficiencies and reduce costs....Read More

Having a good cash management system is one of the keys to a successful retail business. There are few things as important as how money flows in and out of your business, and how you and your staff handle it. There are two broad types of cash management systems: manual and automated. If your cash...Read More

The process of checking into a hotel almost universally relies on a credit or debit card.  However, cash still finds itself flowing through hotels and resorts on a daily basis. Whether at the bar, concessions, the pool, front-facing shops, or the front desk itself, cash transactions occur throughout wide segments of the hotel industry, all...Read More

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...Read More

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...Read More

In order to maintain a high standard of customer service while driving profitability, financial institutions (FIs) should always be searching for solutions that maximize their efficiency and help to keep costs under control. One strategy that can help you to achieve these goals is cash recycling, a technology that can be integrated into your ATM network to make...Read More

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...Read More

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...Read More

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...Read More

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