6 cash handling & reconciliation tips for retail employees
Did you know that 40 per cent of retail shrinkage in 2017 can be chalked up to staff mismanaging cash? This number comes from The Australian Retail Association.
Operational Efficiencies and Managing Stock are key to servicing Customers in the future
The Pharmaceutical Industry are facing intensifying retail competition from new internal and external operators, such as discount pharmacies and supermarkets,changing the industry’s operating landscape. IBISWorld identifies that the ability to control stock on hand will be crucial moving forward.With changes to the PBS significantly influencing industry operations, there is pressure to diversify revenue streams and move towards service-based models.
Our world-wide experience working with large, medium and small retailers has allowed us to understand and implement strategies in partnership with Retailers who are faced with the dichotomy of needing to continue its investment in delivering an exceptional customer experience whilst at the same time driving cost efficiencies to retain and grow its market share.
Safes & Vaults
Gunnebo is the global manufacturer and distributor of Chubbsafes branded products. Gunnebo Australia is the exclusive importer and distributor of the premium Chubbsafes range of Fire and Security rated Safe & Vault Products.
Cash Management
Handling cash raises a number of challenges. They include shrinkage, robbery, staff and customer safety, and the optimisation of administrative procedures, reconciliation and reporting.
Gunnebo are Australia’s most experienced provider of Cash Management solutions and can provide products and services giving you security and visibility of cash in your business. Take the pain away from counting, recounting, validating, reconcilling and reporting cash by improving efficiencies in the cash cycle and make the whole cash handling process more secure. Gunnebo Solutions are used extensively by Casino’s, RSL’s, Supermarkets, Petrol Stations, Liquor Stores, Quick Service Restaurants, Speciality Retailers and more.
Our total cash handling offering includes back office systems, cash recycling machines, simple cash deposit units, software, service and integration solutions to make the complete cash handling process safer, faster and cost effective.
Some of our clients
