Automated Cash Management Opportunities
Cashmaster works with retailers, quick service restaurants, supermarkets, convenience stores and a variety of global businesses which accept cash transactions. We deliver multi-million-pound savings and benefits which improve trading margins.
If you are looking to make efficiency savings in one area of your business, focus on cash handling. The size of the opportunity presented by improving cash handling and management processes surprises many retailers.
Manual cash counting is a luxury most businesses cannot afford
On average, Cashmaster count-by-weight cash counters allow a business to count cash up to 6x faster than manual counting. Our customers report time savings of 1–3 hours per store, per day. Even at this simple level, there is a rapid, measurable return on investment of between 6 and 12 weeks.
The typical investment in our count-by-weight technology is much lower than other cash-management hardware or software solutions and infinitely easier to implement and integrate with existing systems.
We encourage customers to trial our technology in-store, ahead of any commitment. Whilst doing so, we carry out detailed time and motion studies and video analytics, which then demonstrate possible savings and a projected ROI.
There are other benefits too, including more productive use of employees’ time, improved loss prevention, reduced queuing times at shift changeovers and a much happier working environment for staff and customers alike.
Process improvement | Error reduction | Increased accountability
Cashmaster cash counting machines create the opportunity to have greater controls and checks in your cash management processes, significantly enhancing security around your cash handling.
Greater control not only makes staff more accountable, but it also encourages them to have stronger adherence to your cash-handling procedure.
With reduced errors and less opportunity for staff theft, our customers report a huge reduction in cash shrinkage.
Happier customers | Productive staff
Building strong customer loyalty in a fiercely competitive marketplace has never been more important. This is particularly true of ‘bricks-and-mortar' stores where the cost of having a physical presence in the high street grows year-on-year.
Using our cash counting scales significantly impacts on positive customer service. With potential time savings in the range of 10 hours per location per week, staff can invest more time meeting the needs of customers and the business, especially keeping queues down at the tills.
Arrange a Free Trial
If you are not convinced that a money counting machine will make a difference to your operational efficiency, try it free for 2 weeks. What have you got to lose?