How to Choose The Right Cash Drawer For Your Company?
The cash drawer forms an inherent part of the POS system. Their main purpose is to store the coins, credit cards, paper, and currency notes. The cash drawers are available either as separate stand-alone units or attached to the receipt printer. They are operated manually with lock and key. Many cash drawer models have ‘spare cash inserts’. Different kinds of cash drawers are available in the market and you should buy one after considering an array of factors. A wrong decision can result in a huge loss and hence after taking into account a multitude of factors you need to invest in the cash drawer. The Aspects to Consider Before Buying a Cash Drawer Affordability: Before buying a cash drawer you need to take into account its price that is based on a couple of factors like security requirements, quality, aesthetics as well as the design which includes the inbuilt drawers. Based on the organizational need you must invest in the cash drawer. Available Space: Considering the amount of the ‘counter space’ along with the ‘ejection distance’ is important for installing the cash drawer. It can be placed either above or below the counter. Type of Drawers: Based on the organizational need you must invest in the cash drawer. There is a wide variety of drawers like heavy-duty, medium-duty and light-duty and you should invest in the type according to your company’s requirement. The ‘heavy-duty’ drawers are built in way to withstand many years of operation. The ‘heavy-duty’ of drawers is designed for handling heavy traffic. On the other hand, the ‘standard cash drawers’ are suitable for handling the ‘medium to the light’ traffic. These drawers are made for manually opening and these are designed to last for over 300, 000 transactions. These cash drawers are made of metal and are available with metal-note clips, media slots, and the 3-position locks. The heavy-duty cash drawers are available with a 2-year warranty period. Compatibility: It is essential to check the compatibility of the cash drawers before investing in one. There is a wide variety of software packages available in the market. It is necessary to find out about all the ‘hardware elements’ that would effectively work with your POS system. After buying a cash drawer if it is found to be incompatible with your POS system, it would turn out to be a huge loss for you. Apart from checking the compatibility of the drawer and POS system, you should take into account the power needed to operate the drawer. If you do not opt for the ‘stand-alone’ design, you need to choose the way the drawers are powered. Some are powered with a computer through the computer or the USB interface while the others through an AC outlet. Find out whether the design of the drawer needs a computer or a receipt printer for power and ensure your system has the needed ‘accommodating elements’. As the cash drawers are absolutely necessary for your business you need to choose it after considering an array of factors.