Retail Cash Handling Articles
Why cash handling is important for the retail industry
Jeff Hauser, a marketing executive and retail market expert here at ARCA, shined a light on a few of the reasons why cash handling is so important.
Retail back office
By automating back office cash operations, retailers can significantly reduce cash management costs and directly increase profits. The costs of cash management — counting, storing, securing and transporting it — are staggering. Theft risk accounts for the majority cash costs for retailers with businesses losing about $40 billion annually from cash theft alone.
Cash: the other green in cannabis
Businesses often don’t know about the technology that can transform their back office cash management.
Retail provisional credit
Despite the popular opinion that cash usage is on the decline, the European Central Bank and the U.S. Federal Reserve report that cash continues to dominate retail payments. For retailers, cash is expensive and time-consuming to manage and it may take as many as 10 days for cash to be credited to their bank account. Provisional credit, however, allows retailers to have faster access to cash revenue while addressing many of the challenges cash presents. In this white paper, you’ll learn what provisional credit is, how it works and what it means for retailers.
Commitment to customer service: the Tidel promise
Tidel’s call center is staffed with knowledgeable service experts 24 hours a day, 7 days a week, reflecting our commitment to customer service.
Cash recycling benefits
Cash recycling automates the cash room of retailers that handle large volumes of cash on a daily basis, providing numerous benefits for the retailer.
More from our blog
Cash Handling
The Hidden Cost of Manual Cash Handling — and How to Eliminate It
Manual cash handling isn’t “free.” The costs are hidden, showing up as extra labor, preventable loss, and delayed access to funds. More touches, more risk. We’ll break down the costs and how a smart safe plus cash management software eliminates them.
Cash Handling
What is Cash Handling? Cash Management in Banks and Credit Unions
Discover how cash automation is transforming cash handling in banks and credit unions, reducing costs, enhancing security, and improving customer experiences in modern branches.
Cash Management
How Does a Cash Recycler Work?
A cash recycler machine helps banks, credit unions, retailers, and other businesses manage cash more easily. These machines are designed to streamline cash handling and cash management processes. They are particularly useful for businesses that deal with large amounts of cash on a regular basis.
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