Major US Retailer
In 2017, G4S won a new five-year retail solutions contract for a major US chain of membership-only retail warehouse clubs. The technology began to be installed from the end of September.
The benefits for both our bank and retail customers include:
- Reduced labour costs – our proprietary software automates the compilation of cash till floats and processing
- Improved cash flow – the retailer obtains ‘same-day’ credit and our cloud-based cash management software platform is integrated with the customer’s back office, point-of-sale and accounting programmes
- Reduced transportation costs – cash is recycled in stores
- Reduced bank processing fees