Avivatech Partnership

CIMA Announces New Strategic Partnership with Avivatech

Houston, TX, January 2021 – Avivatech, LLC and CIMA Cash Handling America, Inc. are pleased to announce a strategic partnership in the US retail cash management marketplace. This partnership is the result of CIMA’s long-lasting relationship with Benchmark Technology Group, which was acquired by Digital Check Corp., in February 2021.  Shortly thereafter Avivatech was announced as a cash automation solution provider.

This relationship enables Avivatech to provide its clients with CIMA’s innovative back-office recycling products such as its self-sealing stacking bag technology across its cash recycling and smart safe portfolio.

“CIMA and AvivaTech represent two of the industry’s foremost innovators. Combining Avivatech’s software solutions with CIMAs innovative cash management products will offer retail environments with a seamless back-office cash management solution,” states Vik Devjee, Vice President of CIMA Cash Handling America.

”I am pleased to have a company like CIMA embrace our retail cash automation strategy and be willing to partner with us on bringing state-of-the-art hardware and software technologies to the marketplace”, according to Jeff Hempker, President at Avivatech.  “Together, our products help retailers automate and track their cash wherever they count.”

About Avivatech

Avivatech delivers a comprehensive solution of the best products, training resources, and dedicated support technicians for cash automation and check automation management for banking and retail environments. We help our clients advance and achieve their goals through our adaptive custom solutions and services. avivatech.com

 

 

Four T's of Cash Recycling

C-Stores and Small Format Retailers Benefit from the Four T’s of Cash Recycling

Convenience stores (c-stores) handle more cash transactions than many other retail categories and have long relied on smart safes to secure their cash on-site. Although cash recycling machines offer better automation and more features than smart safes, they have been out of reach for most small-format retailers due to their cost, size, and configuration. The good news is that cash recycling technology has evolved, and it is more affordable than ever for smaller retailers to upgrade from their smart safes. Newer models of ultra-compact cash recycling machines, such as CIMA’s Rubino solution, have a smaller footprint, making them ideal small retailers. Even c-stores that have never had any form of cash automation can jump straight to recycling now. Here are the four t’s of cash recycling and how you can benefit by upgrading to cash recycling technology:

TIME

Manually handling cash is time-consuming for any business. For c-stores, handling cash not only takes time but it adds the risk of theft and robbery. Employees must accept, sort, count, and secure bills and coins throughout the day and even into the night for 24-hour operations. Managing floats and preparing deposits also consumes time and requires management supervision. Depending on the size of the store and the volume of customers, the amount of time and resources spent handling cash can be considerable. By upgrading to cash recyclers, small denominations can be recycled, while larger denominations are held for deposit. C-stores can reclaim the time that employees spend counting, preparing, and securing cash.

TRANSPARENCY

Cash recycling machines are superior to smart safes when providing transparency into a store’s cash operations. The coin and banknote recycler takes in cash, then counts, sorts, and records it. The machine then recycles the cashback to the establishment for future transactions. User logins and employee permissions can allow managers to see which employee used the device, total transactions, and total deposits or withdrawals. This type of visibility avoids cash shortages and immediately resolves cash disputes. For businesses with multiple locations, a network of cash recyclers can provide real-time data of cash positions across the organization.

TRANSPORT

Transporting cash by armored car is expensive. By implementing cash recyclers, c-stores can cut down on armored car frequency, saving money on the armored car bill. CIMA’s system of self-sealing stacking bags is more efficient than traditional cash cassettes making pickup and transport by CIT companies fast and easy.

TECHNOLOGY

Without the right software, cash recycling machines are little more than metal money counters. CIMA products utilize CAOS and C-LINK to manage and monitor the devices. CAOS provides all the on-device capabilities for users to interact with the machine. C-LINK provides centralized reporting, analytics, and real-time status updates to help identify problems so they are resolved quickly. CIMA’s family of cash recyclers also communicates seamlessly with third-party services and platforms.

Want to learn more the four t’s will save you not only time, but money? Schedule a virtual demonstration. 

Reduce the Cost of Managing Cash

SMART SAFES

Our note deposit solutions incorporate our innovative self-sealing stacking bag technology that eliminates the need for cassettes. This saves CIT time-on-site and eliminates costs due to cassette repairs and replacements. CIT note processing time back at the depot is also significantly reduced. We will also showcase our bulk coin deposit solution allowing for a complete note and coin deposit combination.

CASH RECYCLING SOLUTIONS

The world of “one size fits all” is over. Stop by for a demo of our “fit-for-purpose” retail back-office cash recycling solutions and see our unique approach to delivering solutions that are aligned to store requirements. This means lower overall investment and a significantly faster ROI. If you or your client is a grocery, department store or DIY retailer, regardless of size, be sure to visit our booth to see how we can help reduce the cost of managing cash.

CASH@POS – INLANE CASH RECYCLING

We are excited to launch the industry’s most comprehensive range of mini cash recycling solutions designed to automate cash payments at the point of sale (POS). See how customers can pay into our recyclers and receive change without handing money to the operator. This reduces cash shrink and eliminates the need for managing cash manually at POS. CASH@POS is ideal for convenience retail, cafés, fast food/QSR, bakery or pharmacy.

CASH@KIOSK – CASH ENABLED SELF ORDERING / BILL PAYMENT KIOSK

QSR / fast food outlets can now take cash payments and dispense change at the point of transaction thanks to our kiosks with a fully integrated note and coin recycling technology. Why force customers to queue at a traditional POS lane to pay with cash? Our cash-enabled kiosks can also be used in self-service bill payment applications or retail self-checkout applications where a weighing product is not needed.