7 Ways Currency Processing Solutions Simplify Cash Handling

9/8/2016

Rather than taking a piecemeal approach to currency processing, businesses that rely on cash receipts can dramatically improve cash handling using an end-to-end solution. By taking advantage of a state-of-the-art currency processing solution, they can simplify the receivables process and gain significant benefits.

The Fifth Third Currency Processing Solutions™ helps businesses:

• Harness the power of real-time data in their systems to gain insights and make faster, better decisions.
• Keep cash safe by frequently depositing receipts into a convenient smart safe.
• Keep employees safe by eliminating large amounts of cash on-hand and ending the need to carry cash to the bank for deposit.
• Improve the customer experience by freeing up employees from cumbersome manual cash handling.
• Receive provisional credit, which gives the business faster access to working capital.
• Mitigate fraud by using smart safe technology to identify counterfeit bills.
• Mitigate theft by securing cash on-site while also preventing internal losses.

The right currency processing solution can turn cash processing from a burdensome, labor intensive and costly process into a highly efficient means of collecting and handling cash, and accessing vital working capital more quickly.

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