CASH LADEN BUSINESS PROFILES DIFFER BUT THEY DO HAVE ONE THING IN COMMON, THEY TEND TO IGNORE OR DELAY THE NEED FOR CASH MANAGEMENT IMPROVEMENT
Innovation and process improvements do not necessarily require significant investment. Sometimes, small improvements are all that’s needed.
Cash management is often ignored
Cash laden business profiles differ but they do have one thing in common, they tend to ignore or delay the need for cash management improvement. It’s human nature to focus on improvements visible to customers. Cash offices fall into the ‘out of sight out of mind’ category. Ignoring the cash office is missing an opportunity to improve efficiency, reduce shrinkage, and eliminate fees.
When the amount of coin to be counted has exceeded your ability to physically handle coin, store coin, count coin and keep track of how much coin you have, it might be time for process improvement. Once counting is completed, then what? How will the counted coin be used? Do you need
to fill a vending machine, a cashier till drawer or take the coin to the local bank for deposit?
Glory can help with:
- Opportunities to capture coins from your customers
- Assisting you in taking better control of you usable coin inventory
- Support you in being self-sufficient with fulfilling your coin requirements
- Working with you to look for improvement in accuracy and accountability
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