Banking Technology
New Solutions for Optimizing Cash in the Retail Industry
• Posted Mar., 2014
• 66.4 KB
Managing cash in stores remains a major challenge for retailers. Cash is expensive to process and secure. In addition, trapped cash hinders working capital management: When cash sits in registers and in cash rooms, it is unavailable for investment, debt repayment or business expansion. Market leaders are meeting this challenge by developing new ways to manage store cash. This articles covers trends impacting the management of coin and currency in the retail industry and explore new technology solutions aimed at improving store efficiency and reducing costs.
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