Loss prevention is, well… hard. It requires a significant investment of time, budget, knowledge, and capability to get it right. And, with paper-thin margins and increasing competition – retailers are now under even more pressure to prevent small instances of cash loss from adding up to big dents in profits.
But what if you could rely on innovative cash management solutions to help you reduce cash loss across your business? What if they could help you identify and respond to discrepancies quicker, or provide real-time visibility of all your cash across each and every store?
The LiveDrawer® solution builds Tellermate count-by-weight technology into the drawer itself, giving you full visibility of exactly how much money is in the drawer at any one time. With its ability to highlight discrepancies between the drawer and the POS, LiveDrawer® virtually eliminates loss and gives you a full audit trail of your cash.
Benefits
– Virtually eliminate in-store cash loss at the POS
– In-depth insight and analytics into in-store cash
– Significant time savings through real-time cash counting
– Operational efficiencies via streamlined cash management
LiveDrawer® Manager is a customisable solution that automatically reconciles the physical cash in the drawer against the POS to show exactly how much the drawer holds – in real-time. It instantly counts coins and notes as they are placed into the cash drawer and provides 24/7 remote insight into a drawer’s contents that drives retail loss prevention initiatives.
Features
– Secure cloud reporting can be viewed across multiple devices
– Customisable notifications alerting you of cash events
– Associate the exact cashier with a detected cash discrepancy
– Real-time, Transaction-to-transaction discrepancy visibility
Tellermate is a leading provider of cash management solutions to the retail, grocery, food service and financial industries, deployed across numerous FTSE 100 companies. The company is the inventor of count-by-weight technology and the intelligent cash drawer. Its technology processes over £1 billion daily across the globe.
Tellermate’s mission is to improve the profitability of our customers by providing next generation end-to-end cash-management solutions, from innovative software to connected cash-counting products.
The Tellermate Touch cash counter gives you all the help you need to cash-out, prepare start-of-day & bank deposits and reduce discrepancies. The intuitive touchscreen interface makes it easier to enter balances, reference numbers and media items, so you can reconcile your cash drawer in under one minute. Features all the counting tasks Tellermate devices are known for such as cash counting, cash lifts, banking preparation and more..
Benefits
– Reduce cash loss and generate a detailed audit trail
– Reduce training requirements through an optimised UX
– Fully connected and ready for an IOT environment
– Have instant access to count data across multiple stores
The Tellermate Touch Viewer provides you with instant visibility of your cash counts across multiple locations. By having access to powerful analytics across multiple devices, you are able to make faster decisions and react to cash events across your stores in real-time that improves retail loss prevention strategies.
Features
– Send count data via Bluetooth and Wi-Fi
– Print count data to a portable or office printer
– Interactive, quick and easy user interface
– Onboard training videos reduces learning curve
We have worked with leading retailers to reduce their cash loss and shrink – if you would like to discuss how our products can do the same for your business then please submit the form below
