Why should I consider cash recycling solutions from Glory?

• Retailers that implement cash automation through cash recycling devices at the POS can experience significant improvements, and in some cases, elimination of the challenges and risks associated with accepting cash. Using cash recycling solutions at the POS can remove the need for front-line employees to ever touch cash. 

   

• Reductions in preparing change funds and the time to handover when shifts are changing are also achieved through automation. GLORY customers have reported saving 45 minutes per cashier, every day through the reliability and accuracy of the recycling solutions. 

   

What retail challenges can Glory cash recyclers solve?

• Front of store - The front of the store is typically the critical part in any retailer’s interaction with their customers. These interactions are often a defining factor in how the customer experience is perceived and is vulnerable to negative opinions when problems occur. Through deploying recycling technology, the customer experience can be improved with faster transaction times, elimination of errors when giving change and increased staff productivity for greater engagement with customers.

   

• Record of cash transactions - All the cash transactions at the POS are recorded, with nobody having access to the cash throughout the course of the day which significantly improves the security of cash in the store. The reduction in exposure of cash being transferred across the store to the back office as frequently also enhances the security of cash and your employees as the recycling device, and the difficulty of accessing the cash act as a deterrent to criminals.
   

• Reduction of cash fraud - Cash fraud at the point of sale is significantly reduced when recycling devices are deployed. Authentication of each bank note as it is presented eliminates counterfeit acceptance meaning the impact of counterfeit notes on the profitability of your business is no longer a concern. Furthermore, as staff no longer have reason to touch cash payments, the risk of cash shrinkage is also removed.

   

• Automating cash processes and POS - The ability to track cash is one that cannot easily and efficiently be done through manual processes. By automating the cash at the POS, retailers can collect and understand data about the cash transactions that each cashier has been responsible for.

   

• Increase staff productivity - Efficient cash recycling keeps your cash working for your business. Less time spent counting, collating and reconciling cash means more time and cash available to build a more efficient and a productive customer-focused business.

 What are the main benefits of Glory cash recyclers?

• By removing the need for staff to handle cash or engage in time-consuming counting activities at the start or end of their shifts, cash recycling solutions helps minimise stress and unproductive work.
• Employees are freed from the burden of cash-related tasks and can instead focus on providing attentive service and engaging more deeply with customers. This not only reassures staff during transactions but also creates a calmer, more customer-centric environment in the store.
• By enabling customers to shop with confidence in a secure environment, retailers can ensure that the checkout process leaves a positive final impression of their brand.
• A faster payment system allows shoppers to complete their purchases and exit the store swiftly, while eliminating errors in giving change enhances trust and satisfaction.
• Additionally, offering customers the continued option to pay with cash recycling devices accommodates diverse preferences and reinforces the store’s commitment to convenience and flexibility.
• Smaller retailers can see significant improvements in their business operations in the same way that the large and medium sized retailers can.
• In the back-office automating back office processes with cash recycling technology dramatically accelerates all cash related tasks.
• Recycling technology combined with the right software solutions can deliver real-time cash status and cash
  inventory to head office or the store level manager. A GLORY customer who has deployed our solutions in their back office has reduced their time spent by staff in the back office by 2 hours per day.

What cost savings can I expect with Glory cash recyclers?

Cash in the retail environment has three major pain points, for store level managers and head office – the monitoring of cash, front of store cash handling and back office cash reconciliation. Automation and specifically cash recycling can positively impact efficiency, accuracy and security in each of these areas.

Tests in the market, across multiple countries and retail segments, suggest that investment in Glory cash recyclers is likely to deliver a return on investment within two years – often much sooner. Savings in personnel costs, reduced or eliminated losses and reductions in CIT requirements feed into greater store profitability.

How would Glory cash recycling solution impact my customers?

• The benefits of cash recycling have been proven. Those retailers who have deployed cash recycling, either in their front or back office have realised benefits that stretch across their entire organisation.
• From loss prevention and staff productivity to the customer experience. Deployment of cash
  recycling is for retailers of all sizes to enhance their businesses or give owners more time to concentrate.
• Happier, more relaxed staff and increased profits coupled with the reduction in theft are all benefits that can be achieved by retailers of all sizes.
• The evidence is there for retailers to see. Many GLORY customers have realised these improvements across their stores.
• Consumers have better experiences, giving retailers, who have deployed recycling, a competitive advantage. The competitive advantage that these retailers have is not limited to them. Working with a cash recycling specialist like GLORY gives you the tools and expertise to optimise your cash processes.

Glory cash recyclers

Front-office – compact cash recyclers that enable automated cash payments at the point-of-sale, with seamless integration to a POS system.

• CI-5 desktop point-of-sale cash recycler
• CI-10X compact point-of-sale cash recycler
• CI-50B/CI-10CX large capacity front-office cash recycler

Back-office – automated back-office cash recycling technology that dramatically accelerates all cash reconciliation tasks.

• CI-10X compact back-office cash recycler
• CI-50B/CI-10CX compact back-office cash recycler
• CI-50B/CI-100CX for medium-to-high volume cash locations
• CI-100X large capacity back-office cash recycler
• CI-100X with coin extension unit - banknote and additional coin capacity back-office recycler
• CI-300X - high volume back-office cash recycler
• CI-300X with coin extension unit - banknote and additional coin capacity back-office recycler

Software – Centralised cash management software optimises cash handling activities throughout the store. In addition, plug-and-play terminal applications for the point-of-sale, provide immediate control of CASHINFINITY devices

• CI-SERVERX retail cash management software
• CI-Regi terminal application for CASHINFINITY™ front-office devices
• CI-ACTIVATE™ plug and play POS connector