How Efficient Cash Handling Answers the Problem of Staff Shortages
Staff shortages are having a serious impact on the customer experience but there is something your business can be doing to relieve the strain.
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Rob has worked in the security industry for over a decade and has written on topics such as closed cash management, retail security, cash recycling and cash handling efficiency.
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".
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.
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.
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 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.