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Makes cash office reconciliation
quick and easy
Real-time integration with the POS system
Guided balancing and rebuilding of tills
Automated deposit and check processing
In-depth reporting module
Enhanced auditing capabilities
Improved self-checkout balancing
VeriBalance integrates in real time with a retailer’s point of sale to automate manual tasks common in a hectic retail cash office. VeriBalance makes cash office operations more efficient by optimizing and standardizing workflow. This means less time spent on bookkeeping tasks freeing up time for other activities, such as working with customers.
VeriBalance is a complete reconciliation solution used to balance and rebuild tills quickly and easily. There’s no need to manually count cash, balance checks and process credit and debit, because the software is integrated in real time with the point of sale, pulling totals and reconciling them with till contents. Denominational data from this process and other daily functions, such as pickups, loans, change orders and deposits are all stored by VeriBalance to give an accurate count of the cash office contents at all times. Each function performed in VeriBalance is logged with the date and time it occurred, so auditors and loss prevention associates can easily track these events when necessary.
Totals from VeriBalance functions are used to ease safe management by identifying safe contents by denomination. If a safe balance reveals an over or short, VeriBalance highlights what denomination is off, so less time is spent identifying where they are out of balance. VeriBalance offers the Advanced Reporting Services (ARS) module, which does away with manual reports commonly compiled in retail cash offices, making it easy for both corporate and store-level staff to gather information about over/shorts, cashier performance, trending, exception reporting and more. These reports speed up the auditing process by making information easier to gather.
The software’s POS integration and step-by-step processes mean retailers can make sure procedures are the same across all stores and that best practices are enforced. The automation VeriBalance provides leads to a significant reduction in errors and shrink.
Balance Innovations offers top-notch training and support for VeriBalance. We provide a number of different training methods, ranging from a train-the-trainer model to individual store training. Our 24-hour support is available in various tiers to offer the best match for the retailer’s needs.