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

Friday, August 1, 2008

Planet Antares Vending Technology: Cash Counting And Sorting

In the vending industry, accounting is a big issue. Thanks to technical advances in money counting equipment and the ability to interface with management software, Planet Antares vending operators, among others have been able to enjoy more accountability.

The latest coin and currency counting and sorting equipment have enabled operators to monitor collections at the Planet Antares machine level on a daily basis. Thus, vending operators have been able to handle more business with fewer employees who have been assigned to money collection, sorting and bagging as these systems have become faster and versatile.

In the meantime, coin and currency counting and sorting equipment manufacturers continue to launch new features. A survey of vending operators including Planet Antares vending operators revealed different views on the benefits of features available. Some small vending operators have found use for high-end counting and sorting equipment, while large companies insist that manual counting and sorting is the most effective.

Majority of the Planet Antares vending operators agree that significant progress was made several years ago with the ability to interface counting and sorting equipment with management software.

Currency sorters can interface with coin sorters which can then interface with the main business software. By interfacing both sorters in this way, a Planet Antares vending operator can instantly know the total collected from a machine.

The need for someone to read handwritten totals from a ledger or a print out has been eliminated with the help of software interface. Since this is an automated process, there are fewer chances of human error.

With the help of software interface, employees are able to monitor machine collections on desktop computers as the coins and bills are counted and sorted out. As per the needs of the Planet Antares vending operator, the process can simply interface the currency sorter with the coin sorter or can also interface with handhelds and bar code readers.