Cash recyclers are transforming the face of the modern hospitality venue through improved visibility, security, float management and reconciliation.
Category Archives: Blog News
Cash handling is a necessary part of doing business, with cash payments unlikely to disappear completely anytime soon. However, your cash management systems could be costing you a significant portion of your income in the form of labour costs and shrinkage. Having an accurate picture of how much you are paying for cash management is essential…
Manual cash counting has been a stalwart of the hospitality industry for decades. Locking up at the end of the night and counting the float, while enjoying a cleansing ale (or two), has long been a pub or club duty manager’s way out of more laborious tasks involved with end-of-day closing. Due to strict gaming…
It’s not an uncommon sight now to see your local bank branch closed down and the building up for sale or lease. It’s creating a cash gap in Australian society, with those still using banknotes struggling to access services in some cases. For business owners who respond quickly, this represents an opportunity to provide cash services to…
Between cash registers, gaming machines, ATMs and other transactions, manual reconciliations and cash handling in pubs and clubs typically leave plenty of room for error, as well as being a notable drain on resources. However, this doesn’t have to be the case. Forward-thinking business owners in the hospitality industry are already streamlining their business accounting by investing…
This post has been written specifically for venues that are very early in their gaming floor journey – particularly venues in South Australia and Victoria where opportunities to digitise and streamline operations are starting to open up. Have you noticed the rattle of a coin payout has become less and less frequent in pubs and clubs…
Keeping ahead of the game when it comes to digital technology is a good strategy to increase hotel revenue, hone your competitive edge and stand out from the hospitality crowd. Emerging technologies are changing the way bars and clubs operate across Australia and the world. Getting digitally savvy is a clever way to build efficiencies, increase…
As a club manager or pub licensee, you’re always on the lookout for ways to boost your venue’s profits. And you may very well already have one in your venue: your ATM machine. While you are currently receiving ATM fees for each transaction, did you know there are simple ways to enhance the profitability of this…
As growing pubs and clubs evolve and change, so does the technology they use on their gaming floor. As the venue matures, so do the machines, devices and backend gaming infrastructure. This often tends to coincide with an increase in gaming revenue thanks to improved efficiency and customer experience. As a venue matures, different challenges arise…
Australia’s first ATM was installed in Sydney in 1969. The machine only dispensed $25 per transaction and it swallowed and kept your card, sending it back to you via the post! It’s fair to say ATM technology has come along way since the 60s with innovations like central computer systems, 24/7 operating hours, and more…