Teller Cash Recyclers are an outstanding piece of new technology. They have great potential in automating your operations, reducing counting time, and increasing total transactions per day, as well as transactions per hour.
However, before purchasing new equipment or upgrading from a teller cash dispenser, there are important considerations.
- In what type of cash-flow situation am I going to implement this TCR?
- What type of storage, note variety and capacity do I need?
- How will this unit be integrated to the core?
- How does this fit into my Branch Transformation plans?
- Will this affect my staffing costs? And how?
In short, for financial institutions that are looking for efficiency gains, or are re-defining their client experience, a Recycler can increase your teller’s productive time, decrease counting time, and give you staffing flexibility to adapt to client flow. This gives your staff time to truly focus on the consumer and their experience – which in turn leads to better understanding your clients’ needs.
When your tellers and supervisors spend less time counting cash or running to the vault, they can focus on delivering the experiences and products your clients truly want and need. And that’s the bottom line of success for any organization.
If you need help choosing a unit, please call or email us. Even if you’re not a current client, we are happy to talk with you and assist you in finding the unit that’s best for you. Thanks for reading, we hope this has been helpful!
Part 1 – What is a Teller Cash Recycler? How can it save me money?
Part 2 – How does a Recycler compare to a Teller Cash Dispenser?
Part 3 – Technical considerations – how they store notes; and integrate into your core.
Part 4 – Wrap-up and application into Branch Transformation Strategies.
