For businesses in the hospitality industry, managing cash efficiently is essential for smooth operations and accurate financial reporting. With the added complexity of high-volume transactions and the need for real-time insights, manual cash handling can be both time-consuming and prone to errors. Our industry-led integrations are an important part of our solutions, which is why we integrate with solutions like the Consillion Cash Recycler to help customers achieve a comprehensive workflow.

Consillion solutions

Consillion – a Sesami Company, is a cash management solutions provider designed to help businesses minimise costs and eliminate inefficiencies around cash and are a market leader in back-office recycling technology for the gaming and hospitality sector. With Consillion’s signature Cash Recycler and integrated Sentric Reporting and Analytics Platform, businesses gain real-time cash visibility, tracking, and reporting through a cloud-based dashboard, which integrates seamlessly with SENPOS.

Reduce manual tasks

Manually managing cash in any hospitality business can be time-consuming and prone to errors, with staff required to count, reconcile, and track cash transactions across multiple shifts and registers. This process increases the risk of discrepancies, theft, and inefficiencies, ultimately affecting financial accuracy and decision-making. New technologies, such as automated cash recyclers and integrated POS solutions, help reduce human error, streamline reconciliation, and provide real-time visibility into cash flow. These innovations offer peace of mind by ensuring secure cash handling, improving accuracy in financial reporting, and supporting better business decisions that contribute to overall financial stability.

SENPOS’ integration with Consillion’s Reporting and Analytics Platform helps businesses capture variances in POS transactions against cash recycler floats, ensuring precise cash management. By automatically matching POS sales data with physical cash in the recycler, it streamlines cash reconciliation, reducing manual effort and eliminating discrepancies.

Real-time cash visibility through Consillion’s Sentric Software provides immediate insights into cash flow, enabling better financial decision-making. Automating cash handling enhances efficiency, reduces costs, and minimises errors, while secure cash storage improves security and reduces the risk of theft or mishandling. With real-time reporting and transparency, businesses can optimise their cash management processes and make informed financial decisions.

Integrating a robust POS system like SENPOS with your cash management solution such as the Consillion Cash Recycler can ensure accurate financial reporting whilst allowing you to prioritise the customer experience and business growth. SENPOS Point of Sale works within the Australian hospitality sector to create tailored point-of-sale solutions for pubs, clubs and other venues. From software and hardware demonstrations, integrations, roadmaps and more, transitioning to a trusted point-of-sale partner can be seamless. Get started today by submitting an enquiry.

Category
Tags