Tellermate is a leading provider of cash management solutions to the retail, grocery, food service and financial industries, deployed across numerous Fortune 500 companies. The company is the inventor of count-by-weight technology and the intelligent cash drawer. Its technology processes over $1 billion daily across the globe.
UK headquarters are home to the engineering, research & development, product, and executive teams. National offices are located in Atlanta, Paris, Heidelberg, Madrid and Tokyo. Tellermate’s mission is to improve the profitability of our customers by providing next generation end-to-end cash-management solutions, from innovative software to connected cash-counting products.
Japan’s second largest convenience store chain announces the roll out of Tellermate T-ix cash counters to help cut the time spent on cash management by more than 40%; saving 30 minutes per store, per day.
Newport, UK, - 12th December 2018 - FamilyMart Co., Ltd. a Japanese convenience store chain with more than 24,000 stores worldwide have announced the roll out of Tellermate’s T-ix cash counters across 8,000 Japanese locations.
The implementation of Tellermate’s T-ix cash counters will help FamilyMart to automate many aspects of its cash management process. From reconciling cash drawers, to preparing banking deposits; FamilyMart employees will now be able to quickly and accurately count and process the cash across their stores.
For FamilyMart, the acceleration of these time-consuming manual tasks is expected to generate significant operational time savings — equating to more than 30 minutes per store, per day. This means both a reduction in labor costs and more importantly, an increase in the time that employees can spend on the shop floor, enhancing the customer experience.
The announcement which first appeared in The Nikkei, Japan’s largest financial newspaper, details how the implementation of cash counters forms part of FamilyMart’s drive to increase the efficiency of their stores and cut the time spent on unnecessary manual processes.
Tellermate’s Commercial Director, Dave Lunn commented:
“This roll out of Tellermate’s T-ix Cash Counters to FamilyMart shows that cash management is still an important consideration for global convenience stores, retailers and grocers who are looking to optimize their operations. Because ultimately, inefficient cash management costs money and can impact a business’s bottom line.”
“By utilizing Tellermate T-ix cash counters, FamilyMart are able to automate time-consuming manual processes, and reduce the time spent on instore cash management by more than 40%. This helps drive instore efficiency, reduce operational costs, and contributes towards an improved customer experience.”
Lunn goes on to say that “We’re pleased to be supporting both FamilyMart and many other global businesses in their quest to drive efficiency and reduce operational costs across their stores.”
Tellermate, a global cash management solution provider, states that its electronic money counters help businesses such as FamilyMart to reconcile an entire cash drawer in under 60 seconds, a vast improvement on the 15-minutes it typically takes to reconcile a cash drawer by hand.
The roll out to 8,000 FamilyMart stores further endorses Tellermate as the premier cash management solutions provider in Japan, supplying both the largest, and second largest convenience store chains across the country.
For more information on Tellermate’s cash management solutions, please visit https://www.tellermate.com/
Alternatively, visitors to the NRF Retail’s Big Show in January are invited to book an appointment with Tellermate at booth #1808 for a live demonstration of the T-ix cash counting machine at the show.
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Tellermate is a provider of cash management solutions to the retail, grocery, food service and financial industries, deployed across numerous FTSE 350 and Fortune 500 companies. The company is the inventor of count-by-weight technology and the intelligent cash drawer. Its technology processes over $1 billion daily across the globe. UK headquarters are home to the engineering, research & development, product, and executive teams. National offices are located in Atlanta, Paris, Heidelberg, Madrid and Tokyo. Tellermate's mission is to improve the profitability of our customers by providing next generation end-to-end cash-management solutions, from innovative software to connected cash-counting products.
It gives you all the help you need to cash up, prepare
floats and bank deposits and reduce discrepancies.
The integrated keypad makes it easier to enter
balances, reference numbers and media items,
enabling you to reconcile your cash drawer in under
one minute. Available in both single and multi-till options, the
T-ix is designed to adapt to your specific needs.
Plus, it's fully connected. Count data can be sent to a
Tellermate printer or directly to your PC via USB or
serial connection. This data can be used to identify
discrepancies allowing you to act on them swiftly and
The Tellermate Touch gives you all the help you need to cash-out, prepare start-of-day & bank deposits and reduce discrepancies. The intuitive touchscreen interface makes it easier to enter balances, reference numbers, and media items, so you can reconcile your cash drawer in under one minute. The Tellermate Touch is a fully connected device. Print using USB, Bluetooth or Wifi to your chosen printer. And the Tellermate Touch app means you have instant visibility of your cash across multiple locations. Built with Biomaster antimicrobial surface protection. Biomaster is proven to inhibit the growth of bacteria by up to 99%.
Harness the power of real-time cash counting across your stores. The intelligent cash drawer builds Tellermate’s counting technology into the drawer itself. So you have full visibility of all your cash – that’s coins and bills. Our patented continuous weighing technology means the system knows how much is held in the drawer at all times. And if there is a discrepancy or an event that matters to you, LiveDrawer will send you an alert.
LiveDrawer Manager makes monitoring your cash drawers easy. You’ll be able to see when a discrepancy occurs, during which transaction, and by exactly how much. You’ll also be alerted when change is running low or when a pick-up is needed. Plus, you’ll be able to access all data for analysis and reporting. Integrated with your POS, LiveDrawer can be set to alert your team of overs/shorts or trigger your CCTV system. LiveDrawer eliminates loss at the point of sale and effectively clears the checkout cash bottleneck during shift change and close-out.