MEBANE, N.C. — ArcaTech Systems, a supplier of transaction automation solutions for the financial, retail and self-service industries, is highlighting its new retail cash automation solution at the NRF Big Show '09 in New York.
ArcaTech's technology allows merchants to control cash in retail environments. Funds are automatically deposited and withdrawn from the secure system. Cash deposits can be transported to the retailer's financial institution at a later time. Ideal for large retail operations, ArcaTech's solution allows users to reduce costs and shortages while improving cash control and cash availability.
"Our back room cash automation solution represents the next technological leap in the cash cycle," said Aubrey Meador, vice president of ArcaTech. "We've replaced a manual, antiquated process and, in the process, lowered the costs of doing business."
ArcaTech's centralized cash room technology is comprised of an integrated system to handle cash, coins and other media. Limiting in-store cash touch points, the systems will help retailers avoid mistakes and discrepancies, eliminating human error and reducing risk of theft. The solution also improves fund availability and operational efficiency by speeding the time required to count, dispense or deposit funds.
