Archive · 2020-03-24

Is cash at your dispensary becoming too much of a distraction? Using automation and cash recyclers to improve efficiency and the customer experience. As cannabis sales skyrocket, and legalization movements continue to gain serious support, one thing remains clear when it comes to most dispensaries…cash is still king, and inefficient cash operations are almost a guarantee. Most dispensary managers spend 20 hours per week just dealing with cash. Some businesses even have several employees on staff whose entire day consists of counting, handling, and reconciling cash. Not only does that lead to errors and internal theft, but the daily pressure of performing transactions quickly and accurately results in a stressful dispensary environment. So how do you streamline cash operations while maintaining a secure atmosphere? Cash recyclers have already been proven to save costs, eliminate errors, and make the reconciliation of revenue easier than ever. By automating the deposit, validation, sorting, storage, and dispensing of cash and coin, a cash recycler guarantees you barely handle your cash, while solving challenges that improve the quality of life for team members who no longer have to worry about inaccuracies. Meanwhile the security benefits of a cash recycler are boundless – with three key points to keep in mind for best practices: 1. Employees can deposit larger bills into a cash recycler throughout the day, instead of only performing one final drop. Midday drops are still tracked and lower the risk that comes with cash sitting out in a till drawer. 2. Managers can limit the amount of cash being dispensed to employees at the start of the day, while still providing the option to pick up more cash only if it’s needed. 3. Custom alerts can notify managers in real-time when cash is running low or when the sales deposit is ready for the bank. That means not only are you saving time, improving security, and effortlessly tracking your inventory with a cash recycler, but your team can truly feel confident concentrating on your core business. For now, cash is still vital when it comes to cannabis sales, and you need a secure, stress-free retail environment so you can focus on what matters to you most. With cash automation technology specifically designed for your business, cash recyclers give you the freedom to maintain the ultimate customer experience.