Schnuck's Adopts Tellermate's Cash Management System To Cut Operational Costs

TellerMate provides solutions that address the cash management issues commonly faced by food retailers. Most notably these concerns include spot-check audits, timely drawer counts, efficient safe counts, and cashier accountability. A well-known supermarket chain faced these same concerns and selected Tellermate’s technology solution to streamline its cash management processes.

Founded as a small corner grocery store, Schnuck Markets, Inc. now operates 100 state-of-the-art supermarkets in the Midwest United States. All locations offer a full line of groceries and most have pharmacies, DVD rental outlets, in-store banking and florist shops. Known for its very friendly approach, the supermarket chain takes great pride in offering its customers the very best in service, selection, convenience and value.

After a best practice review by a leading consulting firm, Schnuck’s decided to adopt Tellermate's cash management system in order to cut operational costs. Tellermate's solution provides them with an exceptionally accurate way of counting a large number of drawers in a very short period of time. It reduces drawer reconciliation time to less than one minute and decreases the time needed for safe counts.