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Cash can be complicated – especially given its connection to significant internal theft opportunity. In fact, just a few years ago, Forbes reported that internal theft was a bigger issue than external theft in the retail space. So when background checks and personal accountability fail, how do we prevent internal theft? Back office automation offers a no-fail option. Through […]

As we head into a new year, it’s full speed ahead for automation. In fact, many predict that automation will play a big role in further shaping several industries this year – including hospitality and retail. One of the ideas rolled into this prediction is the advantage automation will bring to the back office. In November, a report from Forrester stated the following: “In […]

To remedy concerns connected to the cost of and capacity to manage cash, companies are turning to the cashless philosophy. Going cashless means less time manually counting cash. It also reduces the risk of robbery. But that’s not all that’s decreased. For the unbanked, more and more companies going cashless, means less and less access to […]

We’ve seen lots of clients and friends lately, completing 3 conferences in 30 days! Just like the industries we serve, these conferences varied in focus. On October 7th, we headed to Las Vegas for the National Association of Convenience Stores Show (NACS). As an automated back office solution provider for convenience stores, we participated in the […]

Each year, the Evention team travels to the Hospitality Finance Tech Professionals (HFTP) Annual Convention. In fact, we’ve been a participant for an entire decade. It’s a tradition that we always look forward to. So, what makes the HFTP Annual Convention one of our favorites? At the convention, we have the opportunity to share time with […]

Despite technological advances on multiple financial fronts, most modern day money continues to be managed just as it was centuries ago.  In fact, cash management wise, not much has changed since the introduction of coins around 5000 BC. Money continues to be counted, stored in safes, and audited.  Yet, theft, counterfeiting, and proper transportation and tracking […]