Amusement parks are cash-intensive businesses, with cash exchanged at seemingly every turn. From the parking lot and front gate, to the concession stands and restaurants, to the boardwalk and gift shops, cash is still the most frequently used payment instrument overall.
As such, cash management becomes a critical need for each employee located at a point of sale. For every moment that an employee spends counting cash and dispensing change, more money is applied to the cash management cycle, increasing overhead and labor costs. In addition, the manual handling of cash often leads to cash losses and discrepancies, which are usually caused by human error or, in many cases, internal theft.
Freeing up employee schedules to concentrate on park guests and eliminating the risk of mishandling cash at various locations throughout the amusement park property is critical to both the guest experience and bottom lines.
Tidel systems help amusement parks automate cash handling processes, while promoting an environment based on greater accuracy, accountability, and transparency. For park operators, having this level of visibility to all cash transactions allows them to free up their employees to focus on what’s important – enabling a memorable experience for their guests.
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According to the Labor Department, the unemployment rate in the U.S. recently fell to 3.6%, the lowest level it’s been since 1969. While good news for those seeking jobs, this tightening labor market makes it more challenging for companies to hire and retain...
Amusement parks are cash-intensive businesses, with cash exchanged at seemingly every turn. From the parking lot and front gate, to the concession stands and restaurants, to the boardwalk and gift shops, cash is still the most frequently used payment instrument...
Throughout our history, we’ve helped hundreds of clients become more efficient, secure, and profitable in how they manage their cash. Some of our clients have agreed to discuss their success with Tidel publicly. Please click on any of the case studies below to read more about how these organizations have benefited from having Tidel systems in their business.
Learn more about the following Tidel cash management solutions that have
been deployed in entertainment industry, see the following.
Need to get a better handle on your entertainment venue’s cash operations?
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