Planet Antares Vending Tips | Planet Antares | Planet Antares Vending

Know about tricks and tips in vending business. A blog with special focus on Planet Antares.

Friday, July 25, 2008

Planet Antares Vending Technology: Cash Counting And Sorting

A big issue in the vending business is accountability. Fortunately, technical advances in money counting equipment and the ability to interface with management software has resulted in greater accountability for Planet Antares vending operators as well as other operators.

The newer coin and currency counting and sorting equipment allow vending operators to monitor collections at the Planet Antares machine level on a daily basis. It has become easier to handle more business with fewer employees who have been assigned to money collecting, sorting and bagging as these systems have become faster and more versatile.

Coin and currency counting and sorting equipment manufacturers are still carrying on with the introduction of new features. A survey of vending operators including Planet Antares vending operators revealed varying views on the advantages of the different features available.

Several small vending operators have realized the use for some of the most advanced counting and sorting equipment, while some large companies believe that manual counting and sorting makes the most sense.

Majority of the vending operators agreed that significant progress was made several years ago with the ability to interface counting and sorting equipment with management software. It is possible for currency sorters to interface with coin sorters, which can then interface with the main business software. In this manner, a Planet Antares vending operator can immediately know the total money collected from a machine.

The need for someone to read handwritten totals from a ledger or a print out and key it into a computer is eliminated with the help of software interface. As this is an automated process, there is lesser probability of human errors.

Now, employees can monitor machine collections on desktop computers with the help of software interface as the coin and bills are counted and sorted.

According to the needs of the Planet Antares vending operator, the process can simply interface the currency sorter with the coin sorter or it can even interface with handheld devices and bar code readers.