Quick serve restaurants, or QSR’s, share many common characteristics:
- Transact a measurable amount of their business in cash
- Low net operating margins
- High employee turnover
- Strict policies governing the amount of cash in a register, or till, at any given time
- Exposure to internal and external theft
Maximizing operating efficiencies becomes a critical necessity for corporate entities and franchisee owners. Using traditional cash management methods, store managers are often relegated to checking till drawers in and out to cashiers, reconciling cash deposits, investigating discrepancies, and taking cash to the bank.
These activities take manager time away from other productive activities, including training employees, providing customer service, and optimizing overall store performance. Driving cash to the bank also involves a degree of risk that can be easily avoided by adopting the right cash management system.
Tidel solutions help address these issues, by streamlining and automating the cash management processes for the restaurant, giving the store manager the time required to execute more productive tasks. From note deposit systems, to systems that manage the in-store change fund, Tidel solutions have been proven over the years to protect, automate, and streamline the cash management function for quick serve restaurants, enabling these organizations to improve their operating margins and reduce risk.
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 to the right to read more about how these organizations have benefited from having Tidel systems in their business.