|
Cost Incurred by Retailer |
Benefits SMARTtill can deliver |
|
Productivity |
|
Lengthy cash
reconciliation process
|
Automatic real-time
reconciliation of cash after every transaction. Summary
reports provided for shift and end of day |
|
Reconciliation down time at the checkout |
No need to close the
checkout to reconcile |
|
Time lost
during shift changes
|
Instant shift reports
allow accurate 'hop on-hop off' cashier approach with
individual cashier accountability |
|
Customer Service |
|
Checkout downtime
during security checks |
Instant report of
current cash drawer value, including discrepancies,
debits, credits and cash sales |
|
Customer queries
|
Allows instant and
real-time interrogation of the cash drawer value |
|
Cash availability |
Operate with optimum
float |
|
Loss Prevention |
|
Cash loss at the
checkout
|
Constant counting of
cash in the drawer instantly identifies and records when
discrepancies occur |
|
Lengthy manual
reconciliation
|
Automatic
reconciliation completed at the Point of Sale in seconds
without any other data / input required |
|
Identifying the
source of discrepancies
|
Discrepancies
automatically reported and identified by operator, shift
and day |
|
Cash transaction
discrepancies |
Contents of cash
drawer calculated after every transaction |
|
Management Processes |
|
Discrepancy
management
|
Identification of
errors at cashier and shift level in real time |
|
Establishing cash
totals
|
Summary reports of
cash in drawer, values lifted and added |
|
Cash drawer
management
|
Provides a
recommended top up value and prompts when cash should be
lifted |
|
High back office
costs
|
Enables the existing
back office processes to be re-engineered to deliver
labour savings |
|
Identifying debit and
credit values by transaction and drawer
|
Provides summary
reports for debits and credits by transaction, shift and
day |
|
Time consuming fixed
float process
|
Allows labour saving
by moving to variable / rolling float whilst retaining
accountability |
|
|
|
