Improving Productivity through Better Cash Management
Competitive Foods is a privately held food manufacturing and retail business. It is the primary franchisor in Australia for the fast-food chain, Hungry Jack's (over 260 stores nationally), and franchisee of over 50 KFC restaurants in Western Australia and Northern Territory.
Competitive Foods wanted to modernise its in-store cash handling process to eliminate inconsistencies and cash differences.
Gunnebo installed an automated
cash deposit system (Intelli-Safe) to replace the manual deposit safes which validates each banknote deposited, registers it in the system and safeguards it securely in a storage cassette.
The BenefitsStaff security, fewer collections, lower processing costs and significant reductions in cash shortages
Significant improvements have also been made in productivity – staff save time counting money each day as it is no longer necessary to handle the cash again once it has been deposited into the safe. The reconciliation process at head office is now more efficient and hours of administration time have been saved.