Bob Meara will be a Panelist on Fewer Cash Receipts Still Mean Big Retail Challenges at this year’s AFP on 11/5/2018.

For many retailers, cash collections are dwindling - often representing as little as 20% of receipts. However, handling these payments causes 80% of treasury’s headaches. Finding the right cash logistics approach is top-of-mind. In this session, CVS, Caleres and Celent will discuss the latest trends in cash logistics which are driving treasury efficiency, reducing risk and improving working capital management. Whether you are a smaller retailer handling a low volume of cash and looking for a creative, low-tech solution, or a national organization looking for innovative tools tailored to specific cash handling needs – we will examine game-changing tactics. Caleres will share experiences in evaluating and implementing a mail-in cash deposit solution that cut processing costs and increased efficiency. CVS will delve into a hybrid solution that takes a segmented, dynamic approach adapted to individual store requirements. Attendees will gain a broad perspective on the latest approaches.