The volume of cash around the world is actually rising, not falling. At the same time, the need for greater cost-efficiency in banking operations is also rising as competition heats up and profit margins narrow.
Given these conditions, bank management would naturally prefer to see employees building customer relationships and promoting products than engaging in manual operations — such as cash counting — that eat up valuable staff time without producing any return at all.
This is where intelligent cash deposit can prove incredibly valuable, freeing staff to engage in profit-building activities — and eliminating human error in cash counting, which can also be costly.
This infographic from GRGBanking offers a concise guide to the benefits of automated cash handling.