Warren Buffett once said: "Cash... is to a business as oxygen is to an individual: never thought about when it is present, the only thing in mind when it is absent." Digital and mobile payments are becoming increasingly popular. So, the disadvantages of physical cash appear more obvious and the advantages of it less obvious. This makes it more important to maintain a ...

Safes have a long history, during which time they've evolved into many different forms. They can be used for similar purposes such as keeping important documents away from prying eyes or to protect loose jewels. If you live in an unsafe neighbourhood, they can also be a good way to hide emergency cash. Two of the most popular and secure types of safe are ...

A cash float in retail is the amount of cash kept in the cash register at the start of the working day. It aids overall efficient and smooth cash flow including the easy provision of change to customers.Calculating the current cash float during daily operations is important as it helps in financial projections and accurately reveals upcoming liabilities.This blog will cover a general overview of ...

Counterfeit bills have long been a problem for businesses - but did you know they've even been used as an instrument of war?During World War II, Operation Bernhard was a secret Nazi plan to flood the British economy with counterfeit Bank of England notes, aiming to destabilize the economy. The counterfeit notes were so meticulously crafted that they were nearly indistinguishable from genuine ones, even ...

The important role of cash recycling machines and ATMs are often overlooked by businesses and customers.But without them, the time and operational costs of cash would be overwhelming for businesses. Ralph Waldo Emerson's words remain true to this day: "Money often costs too much." And for many customers, depositing and withdrawing cash would be impossible without them.Let's take a closer look at cash recycling machines ...

Handling and counting coins are a big part of some businesses' day-to-day activities.This can be a difficult and time-consuming.Fortunately, modern coin counting machines and scales can significantly improve processes around them.Let's explore how they accomplish this. What are coin counting machines? Coin counting machines are automated devices that efficiently count large quantities of various coin types. They usually rely on sensors and ...

Safes and vaults have long stored civilisations' most valuable physical treasures.They can be both physically impressive and technologically sophisticated - a true symbol of security.They have even inspired philosophical musings. For example, the philosopher Ludwig Wittgenstein wrote: "Philosophy is like trying to open a safe with a combination lock: each little adjustment of the dials seems to achieve nothing, only when everything is in place ...

There are many different types of safes and vaults. And all of them have the same essential purpose: to store and protect valuable items. However, there are important differences between each storage device worth considering. These influence the suitability of each solution for different organisations and scenarios. Let's analyse both the apparent and subtle differences between vaults and safes. What are vaults? Vaults are large ...