Grocery stores are your one-stop-shop for a wide range of fast moving consumer goods (FMCG). Whether a multi-lane supermarket or a small corner grocery store, managing cash on a day-to-day basis is a persistent challenge.
In the competitive grocery and big box retail industry, the bottom line is a razor thin percentage. The difference between profitability and disaster is found in the pennies. These retailers need to look for efficiencies at every step. Cash management is a process that adds no value to the bottom line – it is all cost. It therefore needs to be as efficient as possible.
Keeping cash in a safe place, counting it correctly and depositing it in the bank are important tasks that align with the bottom line of your business. The manual processing of these tasks invariably leads to cash counting mistakes, time loss, reduced employee productivity and potentially theft.
Luckily, grocery stores and super centers have to look no further than Armor Safe Technologies to find a strategic partner for their cash management needs. Armor's real-time cash control systems resolve these errors. The cash safes we offer remove the potential for human error, increase efficiency and enhance loss prevention by keeping your money secured through continuous electronic monitoring. You can even customize the cash safe’s hardware and software according to your needs.
Armor's CacheNET 5000 can count notes at a rate of 700 notes per minute and automatically secure them within the safe. Along with our optional Coin Acceptor for accepting bulk coin deposits, a CacheNET 5000 can streamline many cash room processes and free up considerable time. And, in cooperation with banks and armored car companies, merchants can get bank credit while the money is still on site.
One of the biggest hurdles facing grocery stores is keeping the checkout lines moving. Another approach used by some merchants is to deploy Armor's CacheSYSTEM safes in the checkout lanes, which can assist your cashiers and managers with verifying the authenticity of large bills, resulting in a faster turnover.
Contact Armor Safe Technologies today to speak with a cash management expert who can assist you in determining the best solution for your business. Put Armor's CacheSYSTEM and CacheNET to work protecting all your pennies.