Does your business need to tackle volumes of cash transactions almost every day? Now, it means your business is doing great and best wishes for that. But, then, we all would admit cash counting is anyday a daunting and tedious job. Moreover, manual counting could lead to erroneous counting at times. And then of course, we can’t forget the recent spike in counterfeit notes in recent times. Then, also we have the problem of torn or double or even half notes that might mislead the counting big time. But, the good part is you can solve all such woes today with the help of note counting machines.
Note counting machines are getting popular by leaps and bounds with almost each passing month and for all the great reasons. Previously, they were mostly a staple in banks but a lot more other businesses today- departmental stores, clubs, gas stations etc.- have started taking to currency counting machines. Increased popularity has led to the release of a number of note counting or currency handling machines in the contemporary market. However, not all of them can promise best possible experience. A Currency Handling Machine is not something you buy every year. It’s a sizeable investment and hence you must be extremely careful while choosing a one. The post below offers a brief on the tips to remember while choosing a reliable note counting device.
This is certainly the most important thing that you would want to check out while looking for a reliable note counting machine. It’s especially important if your business location encounters heavy footfall almost throughout the day. Busy transaction moments would demand super-fast note count and hence you would expect the same from your chosen currency counting machine. Your selected currency counting machine must be able to assure minimum 1000 notes per minute. There are other more powerful and expensive machines that can count 100 notes per 4 seconds. So, think about your budget and needs while checking the counting speed of a note counting machine.
The hopper is certainly a major aspect of a currency counting machine. It’s the hopper which feeds the notes to count. Note counting machines generally come up with two kinds of hoppers- back feed and front feed.
The front feed option is able to handle huge volumes of notes and coins in comparison to back feed counterpart. They are also a breeze to use. On the other hand, the back feed ones are usually more suitable for small-sized operations. Also, they are comparatively more affordable. So, choose a one as per your needs. But, if you handle large volumes of cash, don’t go for back feed option just because the price is low- lest it would only hamper your operations. If you are short on budget, wait for a few days, save some money and then march forward to buy the front feed hopper.
This is another important point to keep in mind while looking for a reliable currency handler. Your chosen one should be backed by state-of-the-art diagnostics that can diagnose errors and rectify them on time.
As mentioned previously, the menace of counterfeit notes is on rise in recent times. Sometimes, customers unknowingly deposit counterfeit notes to the cash counter. Thus, you will have to make sure that your chosen currency counter is able to detect such questionable notes right on time.
The Batching feature is handy when you have to strap cash manually for deposit. A currency handler with Batching capacity can count automatically to a preset number and stops right after. It offers you the leeway to take out counted batch before it starts with the next batch.
The Adding feature allows the counter to provide the sum total of all notes counted after you conclude a counting session.
There could be times when you will get mixed bills to count. In that case, you might want to sort out the bills manually one by one but that’s a tedious job. So, look for a counting machine which can sort series of mixed notes into individual single-denomination piles.
Does your business need to deal with international currencies pretty often? Well, in that case, you will have to invest in a powerful currency handler that can work with international notes too.
There is no dearth of currency handling machines today but then not all would be suitable for you. Thus, don’t just sign up for the very first currency handler you come across online. You never know- the second or third handler might offer you better features at competitive rates. So, yes, take some time out for research, make a shortlist of at least 5-6 such handlers and run a comparative study on them. Check their reviews, ratings, features, functionality and also what the previous customers had to say about them. Your chosen one should be the most reputed of the lot studied, armed with rave reviews, ratings, high-end functionalities and content customers. Every machine you will study will encounter complaints- some more some less. Focus on the brand which has received fewer complaints despite being for years in the industry.
Having a note counting machine isn’t enough. You have to consider the maintenance part as well to ensure a lasting currency handler. So, before you buy a one, check out the maintenance requirements of your selected currency handler. Some machines can be really demanding and require regular cleaning or oiling for optimum performance. Then, there are machines which need regular professional calibration. If you can’t devote time for such elaborate maintenance tasks, look for a simpler currency counter which don’t call for lavish maintenance on regular basis.
You are a business owner that deals with a lot of international clients (and currencies), it’s important that you get a currency counter that can accurately count and/or organize different types of currencies.
Some mixed denomination value counters can detect between certain types of currencies automatically. But even if your currency counter can’t automatically detect the country of origin for that bill, some bill counters come with a value count feature that allows you to preset the values so you’re able to classify between varying forms of currencies.
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