If you run a business where you handle cash transactions on a day-to-day basis, then you know just how important a cash drawer is. Food Service Warehouse highly stresses the need to keep a very close eye on every single bill and coin that goes in your cash drawer. It is possible for entrepreneurs to focus on other transaction types and ignore the seemingly unimportant Point of Sale (POS) cash drawer until the last minute, which can be quite disruptive. A cash drawer’s main function is keeping money safe, secure, and well-organized. This helps a great deal in the accuracy and speed of every cash transaction. A cash drawer usually works together with the rest of your POS hardware, all of which needs to be top quality in order to offer your customers a great POS service.
With the understanding that cash drawers are invaluable in your business, you now need to make a decision as to which drawer is best for your specific line of business. For a very small business, a manual or an electronic cash register will do fine owing to its straightforward ease of use, however, as the business grows, a digitized cash drawer might be a good upgrade. If you realize late that you need a reliable cash drawer, or you have outgrown the one you have, then you need to get a drawer that features the following.
It should meet your needs as a Business
Today’s technology has a lot to do with getting software, which more often than not, works hand in hand with hardware. A cash drawer for today’s business should have software that allows the cashier to print receipts and sales reports, to mix product details, to offer the option of adding or changing menu items and many other functions. The drawer should also be of a reasonable size, such that it is not too big to occupy too much space at the counter, and at the same time, it should not be too small as to be unable to handle all your day’s earnings.
Finally, your drawer should have different tills or sections for notes and coins, and even a section for the different denominations. Some drawers come with adjustable tills, giving you the option of saving the right amount of space for each type of note, so you can arrange your money in ascending, descending, or any type of order you desire. For example, the Shopify cash drawer has five cash slots and five change cups, a size that is ideal for any business.
It should serve you for many years
The length of service of a cash drawer is directly proportional to the frequency of use, the materials it is made up of, and the manufacturer of the drawer. If queues are common in your line of business, where people have to stand in line as they wait to make a payment, then you can expect to go for another cash drawer sooner compared to another business that hardly has customers paying in cash. The closing and opening mechanism has to work with every transaction, and if the materials used to make up the drawer are faulty, then you will be taking it back for repairs sooner than you thought.
If you have heard of a cashier who has worked with a cash drawer for as long as he or she can remember, and the drawer has always provided smooth services at all times, and has never required serious servicing, then the manufacturer has bragging rights. The best cash drawers in the market are not only stress free and long lasting, but they are easy to install and easy to use. According to Point of Sale, a cash drawer’s length of warranty is an important factor to consider.
It should embrace present day and future technologies
A few years back, slim TFT (flat screens) monitors were making their way to cashiers desks, a very welcome change from the big old CRT monitors. Today, touch sensitive screens and keyboards are the in thing, and they come with a wireless aspect to them. The cash drawer you get should have a wireless compatibility component, especially if you want to assist the clients from a mobile location, and operate the cash register from a distance.
When manufacturers and innovators deal with the insecurity of how to deal with a cash register operating on its own without attracting thieves, this technology will overtake what we have in our businesses today. Furthermore, with the ever-changing business layout and pressure from competition, the above technologies have a place in changing where and at what point a customer can pay from, which will result into faster services and elimination of inconveniences.
It should come with an attractive after sale service
For a basic cash drawer, the manufacturer should offer you a warranty for a reasonable period, and usually, the longer the period, the more confident a manufacturer is about his or her product. For instance, MS Cash Drawer offers a 90-day to 1-year warranty. However, if you go for the latest cash drawers that are more technologically advanced, you should be entitled to unlimited phone or email service, you should get proper training on the proper use of the drawer, and have access to technicians on demand for at least a year.