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Tech Savvy Convenience Store Features Innovative Cash Handling Technology
Convenience stores in the United Kingdom represent a £39.1 billion industry, about the same as industries such as oil and gas. Convenience stores number almost 50,000 and 72% of them are run by independent retailers. These retailers face challenges like future-proofing their businesses and eliminating staff theft. More often than not, the answer to both is technology.
Read the full case study to read how the smarttill Solution® can help your business.
Transform Your Cash Management
With a shrinking labor pool and escalating labor rates, retailers face significant operational challenges. apg® understands these issues and has developed the next generation of cash management solutions.
The smarttill® Cash Management Solution is a revolutionary system that eliminates cash losses, reduces cash handling costs, and boosts in-store productivity. It captures all cash activity and denominations in real-time without interrupting transactions. This data is sent to the currentsee Cash Manager Software, giving managers real-time cash-on-hand information and full POS cash visibility.
Watch our video to learn more about how the smarttill® Solution can transform your cash management.
It all comes down to Treasury. At the end of the day, a business cannot survive without profits. Rocket science, I know. But here’s the thing, the cash that is sitting in cash drawers or in a smart safe at the POS, or in the back office 24 hours a day, that’s “dead” cash for a retailer. This is cash that could be accounted for and gaining interest in the bank or waiting for your next meaningful investment. And while we might not be developing rockets at APG, with the SMARTtill® Cash Management Solution your profits can really soar. The SMARTtill® Solution reduces the amount of dead cash and delivers cashier accountability electronically, eliminating the need to have spare tills full of cash kept in back office safes. Instead, with the use of predictive analytics, you can optimize your float for busy, high traffic periods and store promotions. When properly paired with data analytics, retailers can also utilize the cash data gathered to renegotiate insurance contracts, minimizing the frequency of armored car services, or Cash In Transit pick up costs. Predictive analytics can also reduce the number of cash pickups and deliveries, especially during slower seasonal periods, saving retailers hundreds per month, per location. If we think back on the powerful data that the SMARTtill® Solution provides, this information can be used as an invaluable labor and cost-saving tool, which, you guessed it, increases your profitability. You see, the 4 pillars of the SMARTtill® Solution work together seamlessly, constantly orbiting one another like satellites in space. Our engineers have developed a solution that can support your specific business intelligence needs. And even though we won’t be going into space anytime soon, here at APG we believe your cash management should revolve around you, allowing your business to soar to new heights.
Harness the Power of Data with smarttill®
Data drives our world, from building cars to sending people into space. Now, thanks to APG, data can also revolutionize your cash management with the smarttill® Solution. This system provides real-time cash counts and a complete audit trail for each cash drawer, integrating seamlessly with your back-office analytics software.
The smarttill® Solution supplies real-time cash visibility at the POS, enabling quick, accurate decisions. It enhances business intelligence with security alerts, cash transaction errors, and cashier performance analytics, identifying training opportunities and optimizing float management during peak times and promotions.
Transform your cash management with the power of data.
Watch the video to learn more.
Stop Losing Cash and Start Winning with smarttill®
At apg, we understand that no one likes to lose hard-earned cash. That’s why we developed the smarttill® Cash Management Solution. With 30-45% of all global transactions made in cash, it’s crucial to protect your revenue. The smarttill® Solution can reduce cash losses by up to 90%, identifying discrepancies by transaction and cashier, and simplifying loss prevention.
No more sifting through hours of CCTV footage—the smarttill® Solution provides precise data to quickly identify issues, saving valuable time and money. It also integrates with your existing systems, improving efficiency and reducing risk.
Spend your time winning with the smarttill® Solution.
Watch the video to learn more.
Fact: Cash makes up 30-45% of all global transactions.
Are you facing challenges at the point of sale, such as managing cash, cash shrinkage, wasted employee labor hours, and rising labor costs? Inefficient cash handling creates POS bottlenecks, affecting customer service and your bottom line. Cash loss is a concern across the retail spectrum, from grocery stores to gas stations.
Introducing the smarttill® Cash Management Solution from APG Cash Drawer—a revolutionary way to eliminate cash loss, reduce labor costs, and improve customer service. The smarttill® Solution captures real-time cash activity without interrupting transactions, providing full cash visibility and instant alerts for discrepancies. Accessible from any device, it helps you make quick, accurate decisions and puts dead cash back to work.
Watch our video to learn more about how the smarttill® Solution can transform your cash management.
What kind of cash drawer should you purchase to work with Toast POS? Toast introduces POS hardware built to withstand the rigors of a restaurant environment. Visit our Toast Integration Landing Page.
Brochure Part Number Reference: USBPro™ Interface Brochure – US (M-43-282 Rev. B)