Fewer costs in the cash office

Emptying cash from POS terminals is both swift and secure. An authorized person, typically the head cashier, initiates the cash emptying processes at the CINEO system by entering a code. The system’s banknote storeage module is emptied to a defined level so that change remains in the system. The cash takings are then transferred to a mobile drum module. After the drum module is carried to the cash office, it is docked to CINEO C6020 and emptied.

This is where the second part of the process to reduce costs comes into play. Cash doesn’t have to be counted or consolidated. These tasks are taken over by the CINEO C6020 system. It sorts and stores the banknotes in the intelligent cash cassettes, which are also used by the CiT companies for transportation. The cash is automatically recorded and reported to the materials management system. “Cash handling is completely eliminated in the cash office,” IT Director Rudolph says. “The double-checking principle is no longer necessary, counting mistakes are not possible. In general, the whole process significantly lightens the workload of employees and offers huge time and cost savings as well as higher security in sales accounting.

Decision in spring

Wincor Nixdorf is currently helping POCO-Domäne assess how huge the benefits could be by quantifying the savings effects and evaluating the security and customer service aspects. Return on investment can be calculated based on this information. “The benefits of the system are undisputable,” Friedhelm Rudolph says. For him, it was important that “customer acceptance is high and that the solution has passed the field test during the turbulent holiday shopping season.”

The outlook is good. The amortization still has to be calculated. In spring, POCODomäne plans to make a decision on whether to deploy the Cash Cycle Management technology in other stores.