May 22, 2015 | Smart Safes, Specialty Retail
Good day and thank you for reading. In a previous article, we discussed a few important benefits a smart safe can provide a specialty retailer, which we classified as organizations that handle lower volumes of cash – up to $1,500 in cash per day – on average. In...
May 14, 2015 | Smart Safes, Specialty Retail
Smart Safes – They’re all about the ROI For many retail organizations that conduct a measurable amount of business in cash, deciding to deploy a smart safe in their environment simply comes down to ROI. Smart safes can represent a significant capital investment, so...
Sep 22, 2014 | Cash Management Series, Convenience Stores and Gas Stations, Quick Serve Restaurants, Specialty Retail
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...
Sep 15, 2014 | Cash Management Series, Convenience Stores and Gas Stations, Healthcare, Quick Serve Restaurants, Specialty Retail, Utilities
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...
Sep 8, 2014 | Cash Management Series, Convenience Stores and Gas Stations, Quick Serve Restaurants, Specialty Retail
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...
Sep 3, 2014 | Cash Management Series, Convenience Stores and Gas Stations, Quick Serve Restaurants, Specialty Retail
Good day and thank you for reading. This paper is the first in a series of topics on cash management. Throughout the series we will discuss several types of businesses that are affected by cash, both retail and non-retail. It is my goal to help readers gain a...