Linfox Armaguard Group is the industry leader in secure currency management. As Australia’s largest provider of cash in transit (CIT) services, we provide integrated solutions for customers to streamline their ability to accurately store, transport, manage and reconcile their cash transactions.
Earlier this year a major cosmetic brand sought a cash deposit solution for their more than 110 retail stores across Australia and New Zealand.
“Armaguard implemented the Jeni digital cash deposit solution. Jeni provides detailed deposit bag level tracking all the way to the bank account, allowing customers to monitor the entire life cycle of a deposit from entry into the Armaguard portal to counting at an Armaguard depot through to final settlement into the retailer’s bank account,” said Linfox Armaguard CIT CEO, Matt Caulfield.
Armarguard’s Jeni has significantly improved the retailer’s reconciliation process. The simplicity of handling cash in stores and the detailed reporting Jeni offers has impressed the retailer.
Large store footprint retailers such as Petbarn, Body Shop, Starbucks and Jaycar have already embraced the Jeni solution and seen the benefits and efficiencies Jeni delivers.
Efficiencies in cash recycling
An iconic clothing brand came to Armaguard seeking efficiencies for their cash management processes. Armaguard successfully supplied a full cash recycling smart solution to the store network across Australia.
“The solution dispenses daily pre-determined register floats, acquisition of additional change during the operational day and deposit of register takings at the end of the day. All transactions are visible via site and national dashboards,” said Matt.
Through this partnership, Armaguard will supply the smart safe cash recycling hardware and support the devices with cash collection and change supply services.
The team is also keen to introduce the cash accountability solution instore, which vastly improves reporting and daily funding. Armaguard is progressively rolling out this solution across all stores in Australia.