A. CashGuard pays for itself in the savings it creates. CashGuard is a closed cash management and security system that integrates into existing Point of Sales terminals. Staff have no access to the till drawer and all transactions are calculated and administered by the system removing the risk of pilfering from the till and mistakes.
Even the emptying of the till is carried out without exposing the cash and all operations, balances etc. are monitored and reported by the back office system either onsite or remotely.
A further advantage of the system is that there is no need to organise till floats, count cash or reconcile the till at the end of a shift as this is all done by the CashGuard System.
A. A CashGuard unit can hold upto 800 notes in up to five denominations and 200 - 380 coins per denomination.
A. Retailers are often unaware of the costs involved in the management of cash in their stores. There is a cost for organising the floats at the start of every day and shift change. A cost for conducting counts at breaktimes, shift changes and at the end of the day. There is a cost involved in completing reconciliations between the cash and the POS report. CashGuard eliminates the need for these processes. Furthermore CashGuard eliminates theft from the register and transaction mistakes.
A. CashGuard can be integrated with any POS system. We remove the existing cash drawer and install the CashGuard note and coin recycler which are linked to the existing POS.
A. No. CashGuard organises the float in the register. The administrator sets the float in the till and the denomination levels. When CashGuard is being emptied, the system empties the register down to the float level so the CashGuard is ready for the next shift/day.
A. No. In fact CashGuard allows the sales assistant more time to interact with the customer as CashGuard counts the cash and dispenses the correct change. The sales assistant does not have to think about the cash involved in the transaction allowing them to interface for longer with the customer and even engage in upselling other products.
A. CashGuard speeds up transaction times because it can count and dispense cash faster than the sales assistant can.
A. Credit Card equipment is integrated with the POS system. CashGuard communicates with the POS and registers the cash back facility as a transaction and dispenses the cash back in effect as change.
A. No. CashGuard monitors the cash in the register at all times. After a closed collection has been carried out the back office system provides a report of the amount of money collected and the denominations. The cash collector segregates the cash into individual denominations automatically. The owner only has to transfer the cash into cash collection bags.
A. CashGuard checks the size of the note and checks for the metallic strip. Its acceptance of crumpled and slightly damaged notes is extremely high.
A. The POS registers the transaction as a return. This is interpreted by CashGuard as a credit which dispenses the transaction value as change to the customer.
A. No. As staff have no access to the cash in the till drawer, there is no need to count or reconcile the cash in the register between shift changes or breaks.
A. Yes. The back office administrator can instruct a CashGuard to release cash on authorised instruction. A report is generated recording this transaction.
A. The CashGuard collection case is only 3kg in weight and holds 1,600 notes segregated into upto 5 denominations.