Gunnebo Cash Management Blog

Staff shortages are having a serious impact on the customer experience but there is something your business can be doing to relieve the strain.

Managed hosting refers to a service where you pay a third party to take care of the day-to-day management of servers and associated hardware on your behalf.

It is also common for that company to provide the dedicated servers or the cloud-hosting environment and to take responsibility for all related administration, problem-solving and maintenance.

Here are the five posts from the Cash Management Blog which were most popular with you, our readers, during 2021.

The list covers topics such as how to avoid the pitfalls of manual cash handling, the benefits of self-checkouts and how closed cash management helps you reduce the cost of cash.

Convenience stores – or c-stores – as an integrated part of a gas station are a popular choice for motorists who need fuel for their cars and their stomachs.

According to McKinsey’s article on Fuel Retail in the Age of New Mobility, "convenience stores are becoming a destination of choice not only for traditional categories such as tobacco, drinks, and snacks but also for newly introduced and expanded grocery assortments".

What should cash management software be doing for you and what are the business benefits you should be getting from it?

Here are 7 simple things which you should be looking for in a cash handling software suite if you want it to help your business optimise its cash processes.

Self-checkouts have become commonplace and most supermarket shoppers are now used to scanning and checking out their own goods without assistance. 

A simple, efficient and space-saving solution, self-checkouts deliver many positives to retailers and customers alike.

Here are just 5 reasons why self-checkouts are so popular.

Providing choice, convenience and speed, self-checkouts have become an increasingly common sight in shops and supermarkets.

From an install base of 200,000 in 2013, an impressive 120,000 units were shipped during 2019 alone.

If retailers want to reduce the cost of cash handling and improve operational efficiency, then cash automation is the answer.

Up to 95% of the time staff spend on manual cash handling can be saved with cash automation solutions.

To better understand consumer demand and evolving market trends, the European Central Bank (ECB) regularly publishes data on the preferred payment methods of euro area citizens.

Cash is a part of our critical infrastructure and for many simply taking this away is not an option. Let's take a closer look at how the UK is addressing the issue.

In recent years, the push to provide a more seamless customer experience online and offline – as well as the search for better operational efficiency – have led to a clear trend for branch transformation.

Manual cash handling costs retailers time and money, so automating cash processes is a tried and tested way to win on efficiency and productivity.

Cash recyclers are cash handling machines which automate the process of receiving and dispensing cash. But they are much more than simple cash-in / cash-out units.

Smart safes for cash deposit do more than just collect and store money – they automatically verify, count and deposit your cash safely.

The media has been full of reports that Covid-19 has been driving us more quickly towards a cashless society and accelerating the shift to digital banking, electronic payments and cryptocurrencies.

The Cash Management Blog highlighted in a previous blog post that while handling notes and coins does not pose a particular risk to the public regarding the spread of viruses, the same hand hygiene measures should be applied to touching cash as for touching any other item, such as doors handles or payment terminals.

Cash is still a critical part of the infrastructure in the majority of countries around the globe and is relied upon by large sections of society who do not have electronic options to make payments.

During the outbreak of the COVID-19 pandemic, several media outlets suggested that different surfaces, including banknotes, could be a possible transmitter of the coronavirus.

From fast-food outlets and supermarkets to cafes and bakeries, any business serving and handling food takes hygiene seriously. So how should cash handling and hygiene be approached?

The key characteristic of a closed cash management system is that it keeps cash locked away for the entire duration of its lifecycle in a store.

With multiple points of sale (such as bars, restaurants, coffee shops and gift shops) spread across their site, managing and processing cash is a serious business for hotels.

Petrol stations can no longer rely on selling fuel alone. According to bizfluent, filling stations in the US make little money on the petrol itself and need to provide additional services just to turn a profit.