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Increase profits with better managment of coins

How to get higher returns by improving the management of coins?
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   New technological impacts on the management of cash are transforming the habits in the control of cash and cost management, with important opportunities for improvements in profitability. A good example of this is the new Selfcheckout system for shops or other new concepts of automated payment, which are increasingly proliferating in shops, banks, airports, service stations, car parks etc.

 
       

These opportunities are obtained by good management of costs related to:

o Avoiding breakdowns of the system caused by not having enough coins, considering their maintenance costs and lost opportunity

o Reduce excess of cash stored for preventative refilling to attend the possible needs for daily change payouts by reusing inserted coins.

o Modify inadequacies in fraud control of coins, caused by an ineffective updates of the equipment pool.

o Real-time accounting of cash, which can alert on potential theft or accounting errors.

o And lastly, and by no means least, having an effective system of collection and refilling thus reducing operational times.

Azkoyen has developed a range of products that include numerous components and complete systems that guarantee secure anti-fraud and precise control of cash and cash management. 

                                           

Here is a list of some basic concepts that are considered essential to achieve the aforementioned savings:

- RECYCLING inserted coins to ensure a complete movement of all incoming cash to reduce your coin storage needs. Hoppers arranged in rack-based concepts with Hopper UII, Discriminators and Hopper T3 (request the specific catalogue from your salesperson). Solutions designed with very compact, extraction systems with configurable updates on coin values, capacities and unique connections.

- BULK coin loading entry for an easy daily loading with the UII coin hoppers.

- DSP - ANTI-FRAUD, coin validators with constant updates of the new frauds. As they are all Akoyen coin validators with DSP technology allowing firmware updates online and whose programming is certified by the European Commission: under the framework established by the EC (Commission Recommendation 2005/504/EC)

- INSTANT ACCOUNTING with electronic scales for example, for determining the exact quantity of coins in each hopper in real time. This accessory provides manual loading directly into the hoppers, and creating immediate alerts for errors. In addition, it has a good tool for accounting and cash control, necessary for reducing preventive refill needs.

Implementation of a complete saving system is a decision affecting several areas: finance, operations, design of machine, IT security, purchases.... Each of them must be considered in the process of creating a payment solution. Every opportunity is taken to differentiate your product by creating value for your end user. With this objective, Azkoyen constantly creates new product concepts and works in partnership with its customers defining solutions that guarantee profitability.

Do not hesitate to contact us at sales@azkoyen.com if you want to find out more about our products or require the collaboration of our Engineering Service in the design of your new machine.