Be in complete control of all cash and encashments information
Track the cash flow of your machines to the last cent and take care of all of your cash control needs
Making sure that the coin changer has a change is not enough
While many industries are now offering customers to pay without cash, it’s a different story for the vending industry. The majority of vending and coffee machines still accept cash payments, which makes a robust cash control solution an absolute necessity.
For many operators, this is the top priority, as handling cash does not stop at making sure that the coin changer has enough change.
Main features of the encashment & cash control
Cash level tracking
For each machine account you get a complete picture of how much money the machine has at the moment — not just total values, but also the number and type of bills in the stacker, as well as the value of coins in the cashbox, split by the nominal value.
Encashment process optimization
Create an automatic encashment report that’s accessible on Vendon Cloud with the audit values registered between two cash collections, scan the money bag number that now stores cash from the cashbox and the bill stacker, and map the number to the particular cash collection, and input the actual values in the Encashment report, getting an automatic calculation of the difference and highlight any discrepancies.
Cash control routes operation
Create routes based on the cashbox value to visit machines where the total cash value exceeds a certain amount. If you collect cash at regular intervals regardless of the total value, simply tack on an encashment task to your refill route. For an even more efficient visit, get a list of machines with low tube levels and prepare refill coins in the right amount before the refiller is on his or her way.
All payment device monitor
In the machine monitoring log you’ll see if there's any problem with the coin changer or the bill validator, as their statuses are reported in real-time. You can also set up notifications to get an alert in case there's something wrong and dispatch a technician to the location immediately.
Detailed report generator
Get access to a report that gives the essential numbers for each machine since the previous cash collection. A quick look will tell you if there's an empty cashbox or an issue with the available change.
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How does Vendon’s encashment and cash control solution help your business?