In a world where the latest eWallets and Buy Now Pay Later schemes dominate the headlines, you might think cash is a thing of the past. But once again, media reports and new research from the past year proves that cash is holding its ground in surprising ways. In fact, cash is helping consumers solve some very modern problems. It’s a fascinating story of resilience, ...

Why Won’t Cash Just Die??? New Research Reveals How Cashless Strategies Are Killing Customer Relationships Are you ready for some huge myths about cash to be exploded? The vast majority (90%) of consumers, surveyed in PayComplete’s latest report, said that cash is their most widely used payment method – startling, isn’t it?But it’s who is using it and WHY that is the ...

First new business research on cash management in 10 years Anyone who thinks of cash as a relic of the past is in for a big surprise. Nearly two-thirds (57%) of companies do not foresee themselves ever becoming completely cashless, according to the first new research on cash management in nearly a decade. Although most organisations think cash is here to stay, the research ...

3 Ways to combat shrinkage FOR LOSS PREVENTION OFFICERS The reason for shrinkage can be complex and result in one of the biggest cost for organisations that handle cash. $132 billion in retail shrinkage is projected globally in 2024 There are three important ways organisations can get a grip of shrinkage and make accepting ...

6 WAYS TO ASSESS THE IMPACT OF CASH TRANSACTIONS FOR FINANCE DIRECTORS With cash use on the rise for the first time in a decade, organisations need to optimise their processes for efficiency. 7%Cash use increased in 2023. There are six ways to assess the impact of physical cash transaction on your organisation and its overall efficiency. ...

7 steps to drive Cash performance and profitability FOR OPERATIONAL DIRECTORS 5,000 of the largest companies believe that those with better cash management processes will be: 19%more resilient than lower-performing peers 21%better at limiting initial shocks of market downturns Below are seven ways an organisation can assess and improve its approach to cash management. ...

PayComplete and Evention unveil game changing Strategic Alliance to overcome Last Mile Data Challenge in Payment Reconciliation Mount Prospect, Illinois, USA, and Salford, UK – August, 2024 – PayComplete, the global CashTech solutions innovator and Evention, a pioneer in automated payment reconciliation software, today announced a strategic partnership that promises to transform the way the hospitality and retail sectors handle their ...

Introduction In a remarkable turnaround driven by a change in consumer behaviour, 2024 looks like the year that organisations will be looking to blend physical cash acceptance with smart digital technology. This is a far cry from the post-Covid-19 pandemic when the world thought cash was literally to be avoided like the plague. In this article, we explore the reasons for the resurgence in ...

Every company that handles cash is exposed to the same relentless challenge - cash shrinkage. For Loss Prevention Officers, finding and plugging the leaks in your company’s cash management will demand you develop a hawk eye for detail and bullet proof processes.You also need to keep up with the latest technology to make you as effective as possible in your role. But where do you ...