Cash processing is a major expense for any retailer:
- Costs of cash-in-transit are increasing year-on-year.
- Bank charges for cash handling are considerable and in most cases are rising yearly.
- Employment costs are rising and the associated cost of handling cash are increasing.
- The perennial issue of shrinkage is still with all retailers.
Despite the prevalence of debit and credit cards, the amount of cash taken as a proportion of total takings is increasing across the retail sector, with the consequence that the costs of cash processing continue to increase accordingly.
Cash payments in the UK alone are in excess of £30 Billion per annum.
ATM deployments and increased cash withdrawals are increasing yearly worldwide.
Retailers experience significant cash losses and shrinkage of millions of Pounds annually.
Why Evolve
Evolve has developed and implemented a suite of leading edge and innovative cash payment software and hardware data capture devices. Our solutions are ahead of the industry and can be tailored to your specific profile.
We bring extensive and specialist knowledge of retailer operations, cash payment processes, system integration skills, security knowledge and process control experience.
In addition, our understanding of the impact of external suppliers and industry dynamics are key components of our expertise. We cover all key areas of the value chain to deliver a robust solution and business case.
Our expertise and flexibility within product selection and in-house development can assist you in early realisation of tangible benefits. Our commitment to bespoke solutions can dramatically reduce the project timeline.
Evolve's alliances with global distribution partners, leading banks and innovative technology providers from around the world, ensures we can deliver the finest products and services to our customers.