Category

Retail Cash Management
If your business is receiving and handling large amounts of cash—or any amount, for that matter—you should consider using a cash recycler. The upfront cost and necessary training may seem like a heavy investment, but the overall return on investment you’ll receive from cash recycling will greatly outweigh the initial setup costs. Cash recycling is a...
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  In banking, gaming and retail, smart cash management is one way businesses can increase efficiency and reduce loss.  Currency recyclers are a powerful tool that businesses have been using to help manage cash more efficiently throughout the organization. What Is a Currency Recycler? You can think of a currency recycler like an all-in-one super-machine for helping...
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Bankers Equipment’s retail cash recyclers and counters automate virtually all of your manual cash handling functions. This results in significant benefits throughout your entire business. These cross-departmental benefits speed your return on investment  and quickly help your operations become more secure, reliable, and profitable. Benefits: AUTOMATED CASH HANDLING: •Eliminate all manual cash counting •Reduce time to prepare...
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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....
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A currency discriminator is a small but incredibly useful cash management solution that your company can benefit from. We’re sure of it. If you deal in cash, your company needs one. You might not imagine a currency discriminator could bring so much relief to your company—but its ability to simplify a time-consuming, risky, and often error-riddled administrative...
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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...
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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...
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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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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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