A cash recycler is a depository safe and system that automatically counts and sorts cash when deposited, allowing the same cash to be re-dispensed or ‘recycled’ for customer transactions. Commonly used in back offices of businesses handling large amounts of cash, these systems function as both a physical safe and a real-time bank vault. They allow finance teams to instantly realize cash and reuse it for retail operations, minimizing armored cash-in-transit expenses and cash-ordering risks. Cash recycler systems improve employee safety while strengthening cash handling controls.
Cash enters the cash recycler through a bill feeder, where it is counted and securely stored, with the transaction instantly reflected in accounting systems. The cash is held in cassettes inside the recycler, either for secure storage until transport or for on-site cash operations.
Since cash handling practices affect every stage and employee in a company’s financial operations, implementing cash recyclers can deliver substantial cost savings and efficiencies.
Cash Recycler Benefits:
- Reduce Employee Hours
- Improved Cash Controls
- Maximize Cash Inventory
- Reduce Risk of Theft
- Enhanced Employee Safety
- Significant Increase in Flexibility
Do I Need a Cash Recycler?
The efficiencies provided by cash recyclers apply to businesses of various sizes and industries. If your cash processes have become cumbersome and labor-intensive, your company could benefit from a cash recycler customized for your cash ecosystem.
Which Cash Recycler Do I Need?
Since cash needs differ by business, consulting a cash recycler expert is recommended to assess your technology requirements and specific use case. Key factors to consider include:
- Capacity
- Processing Speed Needs
- Ease of Use
- Service and Maintenance Forecast
- Multi-location Network
- Financial Systems Integrations
