News Feature | November 20, 2014

Benefits Of Cash Management Solutions For VARs

Source: apg®

By Cheryl Knight, contributing writer

Cash management remains top of mind for retailers, according to the APG Cash Drawer white paper “Cash management Solutions: The Emerging Opportunity For POS Dealers.” Not only do retailers need to prevent lost revenue from employee mistakes and theft, they also have the added worry of miscounting any money they make at the end of the business day.

Cash transactions account for up to 40 percent of transactions, especially for purchases less than $10. Short of switching to a credit-only system, business owners have few alternatives when it comes to keeping up with their legal tender. However, point of sale (POS) solutions exist that can help ensure ease and accuracy when handling money.

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