For businesses that handle large amounts of cash, cash counting and cash recycling machines offer a number of advantages. Coins counting machines and other automated money handling processes help businesses to improve efficiencies and security, reduce losses, and to streamline the overall cash flow. Dealing with a large volume of cash, coin or cheques is easier when processes are automated.
Currency counter machines for businesses
Coins counting machines and currency sorters can count large stacks of notes or loose coins quickly and accurately. Currency counting machines have been around since the 1980s and were first used in the U.K. For business owners, controllers, accountants, CFOs, and COOs, they offer solutions for asset protection, loss prevention, security and other cash management needs.
- Improve efficiencies
Counting large amounts of cash and coins can be slow and time consuming. When counting notes and coins by hand, the process must be repeated several times to avoid error. Even so, the possibility of mistakes remains.
With coins counting machines and currency machines, counting cash becomes quick and 100% accurate. It frees up staff for other tasks, especially customer oriented ones. Money counter machines can even reduce labor costs as staff time that was spent on counting cash and notes by hand is now use more productively.
- Greater security
Coins counting machines and currency sorting machines not only remove the possibility of human error, they also put an end to losses and employee theft. All businesses that handle large amounts of cash face the problem of regular losses due to theft. Automated cash handling removes this problem at the source.
Automated cash counting machines can also improve security by reducing the frequency of armored car pick ups. Overall, better and automated cash handling improves both efficiency and security.
- Detect counterfeits
Coins counter machines also function as counterfeit detector machines and can help identify and eliminate fakes. Counterfeit coins and notes have been a problem throughout history. In the nineteenth century, when banks issued their own currency, it was a serious problem. The secret service was actually founded in 1865 with the primary task of detecting counterfeit currency.
Currency counter machines can detect fake notes and bills and separate them, minimizing losses.
For businesses that handle large amounts of cash on a regular basis, currency sorter machines and coins counter machines offer multiple advantages. Greater security, accuracy and efficiency help to streamline the cash flow and improve opportunities for customer facing interactions.