The takeaway industry is driven by high speed and efficiency in all parts of the process.

As soon as we do things rapidly, it is likely that errors jump in! How many times did you have a customer complaining that wrong change was given back, a long waiting line of people in a hurry and a difficult reconciliation of the cash register at the end of the day? All of this can be solved with starting cash management.

What will Cash Management bring your business?

Saving time at every cash transaction :

  • No possible error in the cash given back at each transaction
  • The employees will not touch the money anymore
  • Lower costs
  • Improved efficiency
  • No more shrinkage weather it is due to human error or employees stealing
  • Faster and easier reconciling of the cash register at the end of the day
  • Save money for the CIT
  • More time for the employees for other work
  • At any given time there are enough coins and notes in the Store
  • Lower order for coins and notes from the CIT
  • Finally, your staff will have more time to focus on serving well and fast your customers, and you will have peace of mind in managing your business.

What are the different solutions existing for cash management?

There are different parts in the cash management process. Part of it can be in front office, and part of it in the back office. When both are combined, you get the ideal solution of a closed cash management circle.

With this configuration, the staff of the shop will never touch the money, there will always be the necessary change available, and even an automatic alert can be sent to the CIT to come and get the money, because the maximum amount that you want to have onsite has been reached, which avoids to have too much cash onsite.

Your overall efficiency will be highly increased!

In the back office you can think of recycling modules, coin dispenser modules distributing notes or cash. You can also have a deposit machine for deposit of coins and notes during the day or at the end of the day.

Author: Evelyne Gartenmann Meier

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