Cash management technology saves an average of 5% on the bottom line

Cash management is a big area of inefficiency for global retailers. That’s why, when it comes to managing the cash across their stores, some of the world’s leading brands are turning to cash management technology to automate manual tasks, reduce labour costs, lower operational costs and generate savings direct to their bottom line.

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A Fresh Approach

Schnuck Markets Inc invested in Tellermate’s T-ix Cash Counters to help streamline their cash management. They reduced drawer reconciliation times to less than one minute, standardized the auditing process and eliminated unnecessary paperwork and manual tasks – saving more than 360 labor hours (per store) within the first year. This reduction in labor hours enabled Schnucks to significantly reduce operational costs. Download the case study to learn more.

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