Did you know that managing your cash in-store can save you money? Since cash remains the most preferred payment method in South Africa by a long shot, we are seeing an ever-growing shift from manual cash handling to the adoption of automated cash management solutions in retail, wholesale and logistics sectors of our economy.
Reduce cash shrinkage and shortages The average for cash shrinkage is 0,15% of your cash turnover. If a business has a monthly cash turnover of R1m, it means that they could lose on average, R18,000 per year – just on unseen cash shortages.
Avoid double counting & cash deposit fees An automated cash management and payment solution is up to 4 times faster than a manual cash handling system. Business owners can save up to 50% of their business day, as they no longer have to count the cash, spend hours on recons and preparing bank deposits.
Immediate risk transfer There is a cost for in-store insurance which could be separate from the cost of Cash-in-Transit insurance. In addition, insurers sometimes impose an inner excess per event and even an annualised aggregated cap on the total cash loss claims.
Multiple business access Modern advances in cash automation provides you with the ability to share the cash vault and supporting services with your business neighbours, drastically reducing the cost of service while retaining complete independence of cash risk and same day value transfer.
OPT FOR THE TRUSTED CASH MANAGEMENT & PAYMENT SOLUTION
Trust us to protect your cash, your staff and your customers. We take the cash risk and guarantee your cash in the bank giving you more time to do what you do best, running your business. Your cash is guaranteed from the moment it is deposited into our cash vault, until it reflects in your bank account - we cover the risk of theft or loss.
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