The Right Solution
After working with Lions @ Springwood to understand management’s objectives, Next Payments recommended its market-leading Cash Recycler, and Concilio reconciliation software, and advised Lions @ Springwood that they could offset costs of the new equipment with the revenue they receive from their Next Payments ATMs.
The Cash Recycler automates sorting, counting, and storing up to 16,000 notes and 15,000 coins in one secure and easy to use unit. Counting $100,000 in 4.5 minutes, the Cash Recycler increases efficiency, accuracy, and security during daily clearance and reconciliation, and improves general cash management processes.
Concilio POS Integration works seamlessly with Next Payments’ Cash Recycler to reconcile and report on variances in real-time. Concilio validates clearances with data from the Cash Recycler, POS, EGMs, CRTs, ATMs and more.
“The Cash Recycler is saving up to 70 hours per week in manual cash management across our whole operation, which equates to up to $2,100 per week in labour savings. We can easily just have one manager doing the open now instead of having two.”
Paul Stansfield, Operations Manager
Lions @ Springwood
The premium ATMs dispense notes quickly, are reliable and easy to use, and allow for onscreen advertising. Serviced regularly by local technicians and supported by a 24/7 Support Team, the ATMs have an average uptime of 99.5%.
Using one provider for cash management presented an opportunity for Lions @ Springwood to streamline communication and supplier relationships. The dedicated Account Manager and expertise of Next Payments’ local Technicians means support is always available.