Money Counters - Cash Handling Simplified and Error-free in your Small Business

If there was one area that most small businesses needed help with, it was cash handling.

00:37 12 April 2023

Cash counting machines simplify cash handling and improve accuracy, making them a great choice for small businesses handling large amounts of cash.

If there was one area that most small businesses needed help with, it was cash handling.

Finding new ways to improve how cash is handled in your business is key to getting ahead and puts you on track for meeting your future goals as your business scales up.

This is where technology comes in extremely handy. Just imagine the kind of time and effort saved by adding a cash counting machine to your business setup.

Cash Counting Machines- a Huge Time and Effort Saver

Designed for the small business owner, who, from time to time, needs to count a large stack of bills, these machines automatically count, sort, and with the right setup report to minimize human error and reduce any inaccuracies in cash management.

Do not let inaccurate counts, lost deposits wreak havoc on the way you do business. Bring in a cash counting machine that does all the heavy lifting for you and make your deposits on time in a fast and reliable manner. 

The machines on the market are intelligent enough to count thousands of bills per minute, thereby cutting down counting time significantly while increasing counting accuracy tenfold. Their operation is pretty simple: the bills you feed make their way to the other side through an internal chamber with the beam of light. Every time the light beam is interrupted with the bill passing thru, the machine keeps count; and it provides an accurate count of the bills at the end after the last bill in the stack has passed thru.

Loaded with a suite of other smart features, money counting machines on the market can also separate bills of different denominations into batches. For example, you can make several batches of $100 with stacks of $5 bills by setting the machine to stop at certain increments (20 in this case).

Spot Fake Bills with Ease

High end cash counting machines take things one notch higher, with advanced ultraviolet (UV) and/or magnetic ink technology serving as a first line of defense against counterfeit notes. Those of you who always keep an eye out for bogus bills know how hard it is to spot the odd fake currency with the naked eye when having to shuffle through hundreds of bills at a time.

Enough with the visual scrutiny already. Run those suspect bills through the machine and spot fake notes with ease. These machines feature color image sensors and advanced imaging software that work in tandem to make sure no counterfeit note passes through.

Buying the Right One for Your Business

Most businesses get by with simple, single function machines that primarily count bills and give out a monetary value of the bills counted. They are highly affordable unlike their sophisticated, expensive counterparts that are built to perform a whole lot of tasks such as sort bills in stacks of same denomination, identify counterfeit notes, and handle multiple currencies like USD, CAD, MXN etc.Feature-filled money counters often come at a steep price (the finest of these machines with sophisticated features can run you up to about $2000) so it might require a huge investment upfront. They may not make much sense financially unless you run a business that sees a large volume of cash coming in pretty much every day of the week.

Remember there’s no one-size-fits-all kind of a cash counting machine. A cash counter that’s right at home in a small retail chain or a gas station may not be suitable for a big diner with a relatively higher volume of cash on a daily basis. Before you go running to buy a money counter for your business, take your time to mull over your business requirements, make a list of features you’d like to see in a money counter, and narrow down your options.