Thursday, June 11, 2015

How Cash Counting Machines Can Help A Retail Business

Do you work in retail? Perhaps you own a boutique or manage a popular chain store? There's no denying that while cash is one of the most important things to your business, as it keeps it in profit, cash can also be extremely tedious, especially when it comes to counting it.

As you have probably heard your staff complain over and over again at the end of the working day, counting cash takes up so much time for very little reward, given that the initial count is frequently wrong. Counting cash at the end of the day often results in mistakes. Staff do it when they are tired, yet it is crucial that the figures balance and they know this, meaning that they may end up staying late in order to recount, or get somebody else to double check their figures. This means that money is being wasted in a number of ways. Firstly, because if they stay late then you must pay them overtime. Secondly, if they spend all of closing doing cash counting, then they are probably missing out on other important end of day tasks such as tidying the shop floor. This will give a bad impression to customers the next morning, so that while the previous day's cash was being counted, the next day's earnings were being compromised.

There is one simple solution to this common retail problem: a cash counting machine. A cash counting machine will do the hard work for you and your staff, not only more quickly, but also more accurately. Why wouldn't you invest in a cash counting machine? There are many different types of cash counting machines too and they needn't be ridiculously expensive. You can get one that is suited to the size of your business; a smaller simpler one for the likes of boutiques and a larger, more technical one for bigger stores that may have to use it multiple times throughout the day, such as for staff changeovers with different floats. There are cash counting machines for coins and notes, as well as both! What are you waiting for? Get a cash counting machine and improve the running of your retail business today!

Will A Money Counting Machine Take Over My Job?

If you have ever seen one operate, then you will know just how amazing the money counting machine is. It counts cash and coins seemingly at the speed of light and with total accuracy.

However, there are some people who are worried when they see money counting machines, as they believe that if one was to come into their workplace, their job would be replaced. This, however, is not the truth at all. Money counting machines will never replace humans on the job, they will simply make their day to day work life a lot easier. Doesn’t really sound like much to worry about when you think of it!

When a money counting machine is brought into the workplace, it is because the company is dealing with more cash than it is possible to count without wasting valuable time. The company might be a financial institution, a retail business, in the hospitality industry, or any other area where cash is frequently used for payment. A money counting machine is purchased for the company when the staff there find that it is taking too long to total up the daily earnings in the till, or the amount of cash currently on the premises. They may find that mistakes are being made, due to human error, and overall productivity is lower, due to the time being spent on this.  As well, morale can suffer, due to the fact that it is an extremely boring and tedious task to be assigned.

A money counting machine will eliminate this and there is certainly no need for staff to be worried. Counting cash is only a small part of their job, it just takes up an unreasonable amount of time. When they have this time free again, due to a money counting machine, they will notice that there are many other tasks that they need to do. They will also notice that their overall productivity is up and the business is still having cash counted at the end of each day, this time it is just by a money counting machine instead.

Money counting machines are available in many different versions, so you will be able to find the one that suits your business. There are different models for small and large businesses that deal with different amounts of cash on their premises. There are also money counting machines that count coins, or money counting machines that count notes. If you need both, you can also get a model that counts both types.

As you can see the money counting machine can only have a positive impact on the workplace. It increases productivity, prevents disputes relating to accuracy and gives everyone a bit more time to focus on other jobs that can be done in the workplace. Money counting machines are easy to find. Simply research online, or through business contacts and have a chat with the supplier about what the best money counting machine for your business would be.