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Showing posts from April, 2020

Cash Drawers In Reduction Of Cash Handling Costs

Modern retail is all about the speed of service and efficiency of the store employees. The customers today do not have time to spare at the long billing queues. This is one reason why online shopping has become prevalent. Therefore for offline departmental and food stores to retain business it is important to speed up the process. This is however tough to accomplish with the numerous costs of cash handling. This is where the point of sale systems step in with their intelligent cash drawers . The Inconvenience In Manual Cash Handling There are many issues related to the task of cash handling by a human. Human beings are prone to a certain level of errors and a hundred percent accuracy in calculation and cash management is impossible. Some industries also face the problem of reckless or inefficient staff performance that can cause huge losses in cash handling. The time spent in counting cash daily and transporting the money to the banks periodically is time-consuming. Moreover, i...