Alcestis Systems

01/12/2024

provide the same protection that traditional safes do but with the added benefit of software protection and user face efficiency.

Let’s start by how a smart safe works:

First, you store your funds like a traditional safe, the safe can then tell you how much money was deposited and your total funds in your safe, how much should be deposited and what changed between your last 2 deposits.

From there, it is tracked monitored and managed from the comfort of one or multiple devices that you own.

These smart safes come with all sorts of benefits:

-Obtains accurate and up-to-date information about what cash is available in your safe
- Eliminates any risks relating to provisional credit because money you deposited is immediately yours to spend.
- Offers a single point of contact so everything you need to manage that keeps operations running smoothly can be completed in one place all at once, without surprise charges or the hassle of multiple vendors
- Takes the worry and time out of managing cash so business owners can focus on day-to-day operations

Call now to connect with business.

01/05/2024

Cash Dispensers, Retaining Customers and Increasing your Profits:

If you’re a restaurant owner, then attracting customers to your doors and retaining them is what motivates you. Luckily for you, Alcestis Systems has a product for you!

With our cutting-edge technology, you can purchase a cash dispenser, which will help your customers gain access to cash at any time. Because some customers, most of them for older generations, are more used to paying in cash, having a cash dispenser on hand can help retain some of your clientele and prevent them from going to another restaurant that might offer the same service.

Therefore, getting a cash dispenser is a worthwhile that will have real improvements on your restaurant’s profits and retention of your customers.

12/29/2023

How the ATM Industry is Reacting to the Canadian Economy:

Due to digitization and globalization in the past 2 decades, the ATM industry seems to be truly struggling. For instance, Statista reported that the number of ATM cash withdrawals at bank-owned ABMs had been declining from 445.4 million to 266.6 million from 2017 to 2021.

Furthermore, the COVID-19 pandemic has further deaccelerated the usage of cash in the country due to it being a conduit for spreading the virus.

However, besides all these obstacles that ‘cash’ is facing at the moment, my opinion is that it is still a viable option, and I will explain to you why.

It’s for the following reasons:
1) It’s your best option against identity fraud, cash cannot be tracked and has no personal information to give
2) Everyone, everywhere, accepts it. Try finding a business with a ‘we do not accept cash’ sign, it is much rarer than one which does not accept electronic payments
3) You avoid additional fees such as annual, late, foreign transaction and, balance transfer fees
4) Paying with cash also prevents you from coming more into debt than credit cards
5) No accrued interest when dealing with cash payments

Therefore, using cash is still a viable payment option in 2023.

Sources:
Best, Raynor de. “Canada: ATM Cash Withdrawals.” Statista, 20 Dec. 2023, www.statista.com/statistics/1388732/number-of-atm-cash-withdrawals-canada/.

12/15/2023

Hello 🔵 It's official. Signed at 12:53. It even came on tv.
Mine really turned blue. Don't forget, the new Facebook rule starts tomorrow (aka... new name META) where they can use your photos. Dont forget the deadline is today!!! I do not give Facebook or any company affiliated with Facebook permission to use my past and future photos, information, messages or posts.
With this statement, I inform Facebook that it is strictly forbidden to publish, copy, distribute or take any other action against me based on this profile and/or its contents. The violation of privacy can be punished by law.
NOTICE: Facebook is now a public entity. All members must publish such a note.
Whoever wants can copy and paste this version. Failure to post a statement at least once will be tacitly allowing the use of your photos, as well as information in profile and status posts.
Hold your finger anywhere in this message and copy will pop up. Click the copy button. Then go to your page, create a new message and put your finger anywhere in the blank field. "Paste" will appear and click Paste.
This will bypass the system....
He who does nothing agrees.

12/01/2023

Alcestis Systems: We have your back, casinos!

If you’re a casino owner, then you’re constantly dealing with cash, it’s a reality of your business.

And one of the most frequent activities involving casinos and cash is counting it.

Whether at the end of the working day, your employees are counting all the cash you have accumulated from your customers, or a few lucky customers won big and want to cash in their winnings, you need cash counters to facilitate that most important part of your business.

And when it comes to cash counters, look no further than Alcestis Systems. Our quality-made, Japanese cash counters rarely break or make errors, and we sell made them at an affordable price.

11/09/2023

Cash Counters: Here to Make your Cash Operations Cheap and Efficient:

As of 2023, everyone should know, the economy is taking a big hit, and banking is one of the industries most affected by the substantial increase in interest rates.

This forces banks to take some drastic measures in order to save costs, and lay-offs are an unfortunate reality that this industry will need to consider.

However, there are some more efficient ways that banks can cut costs, and simultaneously increase their productivity and market value, and one method is from cash counters.

Cash counters are machines that count your cash for you, these devices have many advantages, including:

1) Decrease the chance dramatically of counting errors, remember, machines rarely make mistakes. Humans on the other hand, is another story
2) They will increase your bank’s productivity due to how machines take much less time to count cash than your staff
3) It helps you save money on staff and even allows your staff to concentrate on other aspects of banking besides the tedious and mundane tasks

Therefore, at an affordable price, I would highly recommend cash counters to banks, with all this upside and very few, if not, no disadvantages, its no brainer that these products are a must for your bank.

07/14/2023

Pleased to be attending the Expo this year. I hope to see all our valued partners and customers while there.

Register today

12/17/2021

Small businesses are at the core of every community. Their owners' hard work by providing valuable products and services but are also our friends, family or neighbours. Running a small business is not an easy feat, especially when it comes to managing business expenses, some of which are an inevitable part of doing business. Nevertheless, cash management is one of those expenses that doesn't need to be so expensive.

Although manual cash management can ensure both cash security and accuracy for your business, it has two main problems:
Counting cash takes time… time that could be better spent focusing on customers.

Manual cash processes don't decrease or eliminate accidental or intentional counting and entry errors

With these issues in mind, there’s an alternative method to cash management…and that is Cash Automation Devices. Here are some of the benefits of using machines over counting by hand:
- Reduces the time spent preparing and reconciling tills
- Tracks and stores cash securely
- Eliminates manual errors
- Increases revenue via concentrating on your customers more
- Reduce unnecessary coin expenses

When you use cash automation to streamline the way your business handles money, you can relieve yourself of unnecessary headaches and have peace of mind.

12/17/2021

Cash Recyclers----Revolutionizing Customer Interaction

The banking industry has been completely flipped upside down in recent years, and some of the biggest shifts \have targeted the role of the bank branch. With online activities such as online banking and mobile payments now widely available to the public, a lot of the branch’s traditional services have been made almost obsolete.

As a result, there is a strong market for automating traditional manual bank processes.

Teller cash recyclers, which count, store and authenticate cash for tellers far faster and accurately than they can, are just one of many different ways banks are evolving to meet their clients’ demands.

Taking the cash handling away from the teller and automating it means tellers have more time for customer interaction. In this new environment, tellers literally have more “face time” with customers— engaging personally with the customer, instead of looking down at a counter, silently counting out money while the customer waits.

07/30/2020

Why the Universal Banker means Increased Bank Profits?

The banking industry is obviously changing, with customers now increasingly turning to mobile and online banking for their transactional needs. As a result of this, the services that tellers used to offer are now considered to be obsolete.

The question now is: What to do with the tellers? The answer is the universal banker model. In this model, tellers can be trained to greet customers and sell to them the banks various products and services instead of counting cash.

For example, unlike a teller, a universal banker with a personal pod and cash recycler will be able to:

Greet customers

Accept loan applications

Handle service needs

Perform basic teller transactions

Open new accounts



This is a benefit to banks as they would gain a more well-rounded and versatile staff member. In short, universal bankers provide a more consistent, efficient and personalized service.

At the end of the day, this is what gets customers coming back for more. Your employees can learn about specific customers and offer them specialized products and services. If your branch can be tailored to the needs and desires of your customers, you will have a massive edge over your competitors.

04/03/2020

SHOULD YOU AUTOMATE YOUR BUSINESS?


The banking industry has always been deemed and supposed to have been left behind in the tech revolution in the past few years. A majority of businesses have changed, improved their technology and incorporated modern tech. The more intricate the technology, the better our lives become.

Why then does it seem that banking is lagging behind while the rest of the market embraces the technology revolution in the past few years? There is a grey area between convenience and security when cash is involved. The answer to this problem would be to integrate security with technology for a better result. Seamlessly incorporating these items ultimately leads to a successful experience.

What steps are you taking to bring your business to the modern age?