The second smartest idea you made this holiday season was renting a kiosk at the most popular mall in the city. The first most popular idea you made this holiday season was equipping that kiosk with a pair of high quality scanners and money counter machines. Providing the right technology, in fact, was likely the only reason that the kiosk was a success.
The leather and bead bracelets that you sold were a great product. The price you marked them was a perfect match for the consumers. The kiosk itself was perfectly located. If, however, you had not invested in the high quality scanners to check the validity of the checks and the paper bills that you collected, and if you had not also invested in the machines for managing coins, you likely would have seen a much lower profit. Eliminating the possibility of error during the change making process and erasing the chance for theft by a part time employee were both very beneficial.
In addition to insuring accuracy and by eliminating the temptation of theft, these automated machines provide another advantage as well. When your employers do not have to focus on making change and monitoring the validity of bills and checks, they can actually get to know their customers. Employees can make eye contact, create a relationship with new customers, and, perhaps even more importantly, recognize returning customers.
Additionally, high quality scanners allow you to make deposits throughout the day, instead of the previous method of waiting until the end of the day and making a physical deposit. This new process allows retailers to save time at the end of the day, instead of having to make the deposit at the time. It also eliminates a further risk of theft in that items are deposited frequently and there is never a large number of items waiting for the deposit.
Using the Latest Counting Devices Saves Time and Eliminates Error
Counting notes or bills by hand is time consuming and is usually carried out two or three times to make sure the numbers are accurate to account for any human error. Counting machines eliminate these errors. In addition, by eliminating the amount of cash that an employee has to handle you also make sure that employees are not tempted by lose bills. Knowing that you do not need to worry about the honesty of your workers means that you can start each day with an elevated level of trust. Trust that helps build positive attitudes that can be passed on to customers.
Whether you are looking for a permanent retail cash management system or you are searching for a currency sorting machine for a holiday sales kiosk, finding a system that helps you avoid error and save time is the ultimate goal.