A privately held food manufacturing and retail business. It is the master franchisor in Australia for the fast-food chain, Hungry Jack's (over 260 stores nationally), and franchisee of over 50 KFC restaurants in Western Australia and Northern Territory.
Wanting to modernise its in-store cash handling process to eliminate inconsistencies and cash differences.
An automated cash deposit system (Intelli-Safe) to replace the manual deposit safes which validates each banknote deposited, registers it in the system and safeguards it securely in a storage cassette.
Their Business Benefits:
Significant improvements were made in productivity – staff saved time counting money each day as it was no longer necessary to handle the cash again once it had been deposited into the safe. Furthermore, the reconciliation process at head office became more efficient and saved hours of administration time.
“The introduction of Intelli-Safe has revolutionised our cash handling process. Intelli-Safe has provided us with a range of benefits including increased staff security, reduced collection and processing costs and significant reductions in cash shortages. Such is the impact of Intelli-Safe on our business that is now an essential part of our store fitout,” says Jack Turnbull, Financial Accountant, Competitive Foods Australia.