SOURCE: Gunnebo US

Gunnebo US

June 08, 2016 08:53 ET

Gunnebo Showcases Elite Suite of Cash Management Solutions at NRF Protect

Innovative Cash Management Solutions Help Retailers Improve Efficiencies, Reduce Costs, and Increase Visibility in Revenue Stream

CINCINNATI, OH--(Marketwired - June 08, 2016) - Gunnebo US, a sales company of The Gunnebo Group and leading provider of cash management solutions that improve business efficiency, increase store security and boost cash flow, announced today it will showcase its suite of cash management solutions, including its newest product, the Note and Coin Recycler, at the NRF Protect Loss Prevention Conference and Expo in Philadelphia, June 14-16, 2016.

A full line of intelligent cash management solutions will be on display at this year's NRF Protect Expo in Gunnebo's Booth 717. These solutions make front-office, back-office and entire operations more efficient and profitable through cash deposits, cash recycling, online cash management, and real-time cash monitoring and reporting.

Gunnebo reduces the expense associated with the manual processing of cash through automation, while virtually eliminating the possibility of fraud or theft through its full line of cash management solutions.

  • The company's cash deposit products are designed to improve cash management and optimize the cash-handling process from front-office under-the-counter deposit units to back-office high-speed and high-capacity deposit systems.
  • Cash recycling products, like the new Note and Coin Recycler, handle large volumes of notes and coins to improve the management of cash for retailers.
  • Gunnebo's cash management software is a client-server, web-based application for managing cash across all stores or locations.
  • Gunnebo offers services to monitor and optimize the full cash-handling chain and integrates cash-handling processes between stores, CIT partners, and financial institutions with its retail cash management offering.

Gunnebo plans to unveil their new Note and Coin Recycler at NRF Protect on Wednesday, June 15, 2016 at Gunnebo's Booth 717.

"The massive amount of cash in circulation in today's retailers' and restaurants' operations requires special handling to ensure efficiency and security," said Gunnebo's Vice President of Cash Management, Carlos Massa.

According to the Federal Reserve, there was approximately $1.45 trillion in circulation as of April 6, 2016 of which $1.4 trillion was in Federal Reserve notes.1

"When the administration of cash revenue is handled properly through effective and efficient methods, retailers are able to focus more of their time and energy on developing their business," added Massa.

With worldwide headquarters in Gothenburg, Sweden, Gunnebo has sales companies in 32 countries across Europe, the Middle East, Africa, Asia-Pacific, and the Americas. Gunnebo is listed on the Swedish Stock Exchange.

To learn more about Gunnebo US, visit http://www.gunnebo.us/ or follow on Twitter @GunneboUS.

About The Gunnebo Group

The Gunnebo Group is a global leader in security products, services and solutions with an offering covering cash management, entrance security, safes and vaults and electronic security for banks, retail, CIT, mass transit, public & commercial buildings and industrial & high-risk sites. The Group has an annual turnover of EUR660 million, employs 5,500 people and has sales companies in 32 countries across Europe, Middle East & Africa, Asia-Pacific and the Americas as well as Channel Partners in over 100 additional markets. For more corporate information, please visit http://www.gunnebogroup.com/.

In the United States, Gunnebo meets its customers' full range of security needs with products, solutions and services within cash management, entrance security, electronic security, pneumatic systems and safes, as well as vaults and doors. The company acquired Cincinnati-based Hamilton Safe Company in 2012.

1 Board of Governors of the Federal Reserve System. (May 20, 2016). How much U.S. currency is in circulation? [FAQ]. Retrieved from https://www.federalreserve.gov/faqs/currency_12773.htm.

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