Cash Counting and Sorting Technology

Accountability in the vending business is a big issue. Fortunately, technical advances in money counting equipment and the ability to interface with management software, has given Antares vending operators as well as other operators more accountability.

The newer coin and currency counting and sorting equipment enables operators to monitor collections at the Antares machine level on a daily basis. Antares vending operators have been able to handle more business with fewer employees who have been assigned to money collecting, sorting and bagging, because these systems have become faster and more versatile.

Coin and currency counting and sorting equipment manufacturers continue to introduce new features. A random survey of vending operators including Antares vending operators revealed varying views on the benefits of the different features available. Some small vending operators have found use for some of the most advanced counting and sorting equipment, while some large companies insist manual counting and sorting makes the most sense.

A major development: software interfaces

Most Antares vending operators agreed that significant progress was made several years ago with the ability to interface counting and sorting equipment with management software. Currency sorters can interface with coin sorters, which can then interface with the main business software. By interfacing both sorters in this manner, an Antares operator can immediately know the total collected from a machine.

The software interface has eliminated the need for someone to read handwritten totals from a ledger or a print out and key it into the computer. Since this is an automated process, there is less chance of human error.

Software interface has given employees the ability to monitor machine collections on desktop computers as the coin and bills are counted and sorted.

Depending on the Antares operator’s needs, the process can simply interface the currency sorter with the coin sorter or it can also interface with handhelds and bar code readers.