2 minute read
Smart tech
INTELLIGENT CASH TECHNOLOGY, G4S CASH360™, HELPS TO STREAMLINE A BUSINESS’ CASH FLOW AND MANAGEMENT PROCESSES.
Managing a business means juggling many things at once, and managing your cash is no different. Typically, this takes time, money and energy. Cash360™ is a technology-led, managed cash solution that addresses these challenges.
Hospitality is constantly changing; consumer expectations and behaviour are shaped by so many variables, ranging from social media, emphasis on healthy eating, to the increasing cost of everyday items.
In terms of money, venue operators are in the front line of change, having to respond to the increased use of contactless payments via a myriad of devices and schemes, continuous security threats at point-of-sale and, most recently, a resurgence in cash usage in response to the cost of living crisis.
It is clear that retailers need to constantly review and adapt their approach to cash and payments management, from front to middle and back office. While cash usage has decreased, it’s not going away anytime soon and is forecasted to be the second most frequently used payment method in the UK for the foreseeable future.
In an age of constant change in the world of commerce, G4S is the only company that provides a full end-to-end cash and payments management solution. With security at the core of its purpose, Cash360™ provides business owners and managers with the means to save time and money in cash management.
Cash360™ is the secure and integrated cash management solution from G4S. If your business accepts cash, you are likely spending a lot of extra money throughout the year on managing it. Cash360™ reduces these costs and gives time back to the business, while improving security and cash flow.
The Cash360™ service involves the installation of an internet enabled smart safe connected to the G4S data platform. As cash is inserted at point-of-sale or in the back office, it’s validated and you have real-time visibility through your own selfservice portal. Plus, subject to your Bank’s approval, the cash can be credited to your bank account on the same day, while the money is still on site.
When the safe hits a predetermined limit, G4S automatically collects the money, so you don’t have to plan for or worry about having to cancel unwanted collections.
The combination of intelligent cash management, collections and cash processing delivers an optimum solution for your business.
www.g4s.com
CASH360™ MEANS SIGNIFICANT BENEFITS FOR YOUR BUSINESS, CUSTOMERS AND OTHERS:
Money Saving
Once your money is inserted into a smart safe, it’s validated, counted, ready for reconciliation and won’t be touched again until it’s collected by a securityvetted driver.
Improve Control
Your cash is visible to you 24/7 via a selfservice portal, and as it’s indemnified by the world’s leading security company G4S, you can have peace-of-mind that it’s always secure.
Reduce Waste
The smart safe knows how much cash it’s holding and schedules collections only when needed which reduces the vehicle emissions and one-time plastic associated with banking your cash.