Market chain aims to simplify ops with cash management platform - June 10, 2016
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Market chain aims to simplify ops with cash management platform

Friday, June 10, 2016

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Company: ATM Industry Association

By ATMmarketplace.com

Balance Innovations, a provider of currency operations-optimizing solutions, has signed an agreement with Pennsylvania-based Weis Markets to provide VeriBalance currency management software in all 162 locations, as well as vbScout, the company's self-checkout management solution, where applicable.

According to a press release:

  • VeriBalance will automate cash office tasks, cutting time and opportunity for errors; and

  • vbScout will free up capital by reducing cash levels in self-checkouts throughout the organization.


The release said that the solutions will significantly reduce store-level bookkeeping time and give corporate greater visibility of store activity — such as cash on hand, cashier and bookkeeper performance, store compliance, and deposit tracking — allowing them to identify and address issues quickly.

"We're excited to work with Balance Innovations to bring automation and more visibility to the cash management in our stores," said Kim McGregor, director of customer service for Weis Markets. "Greater efficiency in this area will give us more time to focus on our customers and provide them the best experience possible."

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