Cash automation refers to the use of cash recyclers and automation equipment to count, dispense, and manage cash. Cash recyclers improve accuracy and greatly reduce the costs associated with manual cash handling. Learn more > >
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What is Cash Automation?
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About AccuCASH
As a leader in high security products, Socal Safe takes pride in helping customers implement the most efficient and affordable solutions for their security needs. Under our exclusive AccuCASH® Automation Solutions brand, we offer an extensive inventory of cash and coin recyclers, kiosks, smart safes, and currency sorters for secured cash handling.
We were recently at the MJBizCon show where we introduced our entire new suite of cash automation products. We demonstrated our kiosks, cash recyclers, cash counters, sorters, and our UL listed high security safes. Attendees learned how smart safes provide cash protection and about our newest kiosk offerings. And this year we will again be at MJBizCon, Nov 28 – Dec 1, 2023, in Las Vegas, NV, at the Las Vegas Convention Center!
Our brochure, “Cash Automation Solutions for the Cannabis Industry” is a complete overview of our cash automation products and essential solutions for the Cannabis industry. This is complimentary and there is no obligation.
With banks processing more cash than ever before, careful focus on branch, treasury management, and cash vault processes has never been more important. Find out how AccuCASH® Automation Solutions can help you meet today's challenges.
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What exactly is cash automation? It refers to using specialized technology to count, dispense, and manage cash, to improve accuracy and reduce the costs associated with manual cash handling. Some common products and solutions include:
Cash counters – A currency counter does exactly what the name says. The benefits are faster, more accurate cash counting compared to manual counting. Single pocket high speed counters can value count mixed currencies while automatically detecting counterfeit notes.
Cash sorters – A cash sorter counts mixed denominations in one pass and can provide a value count and breakdown by denomination. 2 or more pocket machines process currency continuously and can sort counterfeit bills into a separate pocket. With 3 pockets or more, cash sorters can value count mixed currency, sort by denomination and orientation, and detect counterfeit notes. Sorting by Fitness allows these machines to separate higher quality and lower quality banknotes to meet certain banking functions. For example, ATMs usually require high quality banknotes to operate properly. Higher end cash sorters can also automatically strap currencies into their respective denominations. Cash sorters increase accuracy and efficiency by an order of magnitude over manual counting.
Cash and coin recyclers – A cash and coin recycler automates the entire cash cycle: accepting and dispensing cash, storing banknotes and coins securely, and tracking cash-on-hand. The technology in these machines makes transactions, reconciliations, and deposit preparation faster. Utilizing cash recyclers, customers have provisional credit and CiT (Cash in Transit) options available.
As the owner of a cash business, you may experience fluctuations in your cash on hand during any day, week, or month. Using AccuCASH® Insight software, the cash that is securely deposited into your cash and coin recycler is made available to you with the use of provisional credit, daily credit issued to your account by your bank.
Solutions are available for every cash-handling need. A simple cash counter or discriminator could be ideal if you have a small business with limited cash transactions. If your business processes cash in high volumes and you need cash accounting and dispensing functions, a more sophisticated cash-recycler solution might be a better choice.
We’ve been hearing about the coming “cashless society” ever since the first credit cards were introduced in the early twentieth century, and yet cash is still here. Indeed, even with an ever-growing variety of smartphone-based digital payment platforms (e.g., PayPal, Apple Pay) and cryptocurrencies, it appears that cash is not about to go away anytime soon.
Businesses of all sizes are using cash automation technology to increase security and accuracy and save time and cost. If your business is cash-transaction intensive, consider the benefits of cash automation. Typically, cash transactions involve relatively small amounts, making it even more important to spend as little time and expense as possible on cash handling.
Find out how your business can benefit from cash automation technology, from the cash automation specialists at Socal Safe Company. We’ve been helping businesses for more than 100 years, and we can guide you to the right cash-handling and storage products for your business. Call us today toll-free, at 800-334-6060, for friendly, knowledgeable service, or come visit our showroom.
AccuCASH® Automation Solutions
Socal Safe Company
2707 N. Garey Ave.
Pomona, CA 91767
(800) 334-6060 Toll Free
