Smart safes offer a retailer several features and advantages, many of which we’ve articulated in prior blog posts. But what hasn’t been addressed is how smart safes benefit store employees, particularly those on the front line – cashiers or retail sales associates –...
Good day and thank you for reading. In previous articles, we have addressed several topics related to managing cash at the retail level. We started by providing a general overview of cash management. We then discussed challenges with managing cash, cash management...
Good day and thank you for reading. Our last article addressed the various functional groups within a retail organization and the various costs they face when managing cash. We identified operations, treasury/finance, and loss prevention as key groups that face a...
Good day and thank you for reading. Our last article provided an overview of the ways retail organizations manage their cash business using traditional methods. We reviewed retail store policies governing the amount of cash in the cashier’s till at any given time. We...
Good day and thank you for reading. Our last article provided an overview of cash management challenges in the retail sector, including increased risk and reduced efficiencies. In this article, we will go into more detail on some of the traditional means by which...
Good day and thank you for reading. Our last article provided a general overview of cash management in the retail sector, including cash as a share of payment transactions, and various costs of cash that retailers face daily. In this article, we will address key...
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