The SMARTtill Cash Management Solution for is designed to meet the cash management demands of today’s retailers and is suitable for use in many retail verticals including Quick Service Restaurants, Casual Fast Restaurants, Convenience Stores, Grocery, Gas Stations and many other retail locations where active cash management and monitoring is desirable. The SMARTtill Solution® is a new revolution in cash management, enabling retailers to reduce cash losses, reduce the cost of cash handling, and improve in-store productivity. The SMARTtill Solution® is an innovative cash management tool suitable wherever cash is transacted.
The SMARTtill Intelligent Cash Drawer captures, in real-time, all-cash activity at its location and reconciles to sales made. This information is collected without affecting transaction time or interrupting the retail transaction. The SMARTtill Solution® can be integrated with your POS hardware/POS application. Real cash values are now available at POS level and it can be monitored remotely by back-office analytics software. Based on the till information decisions can be made in real-time related to cash drops, and currency denomination shortages for individual checkout lanes.
The data from the SMARTtill Units can be populated into any suitable database and used to support intelligent cash management to enable real-time cash visibility at the POS. This can be via new or existing back office systems. Examples of the type of information available for each SMARTtill Unit, includes; current cash float value; change levels compared to an optimum level; change top up requirements; value of change added; various alerts for cash lifts; cash errors; and discrepancy data by transaction, shift, cashier, time and date.