Last December, 2010 G4S Cash Solutions, the leading provider of cash solutions in the UK, won a contract worth over £800,000 to deliver CASH360 solutions to Center Parcs
The contract will see Center Parcs installing G4S’ new and innovative in-store cash management solution, known as CASH360, in all four of its holiday villages.The move is part of a wider, forward thinking initiative by Center Parcs to drive efficiencies in its cash management operations. CASH360 was selected following a trial of potential solutions at Center Parcs’ Sherwood Forest site.
Around 90 cash tills at each Center Parcs village will be processed through the CASH360 system allowing for automation of till deposit, till dispense and change functions across a variety of retail outlets, giving the company visibility of cash held at each of their sites through the CASH360 customer portal. The CASH360 solution will also be integrated into Center Parcs’ existing financial reporting systems to provide an end-to-end retail reporting package.
CASH360 is the first and only true end-to-end cash management system for retailers and consists of in-store technology which automates cash processes and is fully integrated with G4S’ own software. This, in turn, can be linked with a retailer’s in-store devices in order to deliver real-time insight into cash positions and to provide analysis of the cash inventory at every level. CASH360 is remotely monitored so that any issues can be resolved quickly and enable remote software updates. This is all backed up by an experienced team of CASH360 field engineers across the UK.
Phil Shingler, Sales and Marketing Director, G4S Cash Solutions (UK) said “It has been a real pleasure to work with a forward-thinking business like Center Parcs and I am delighted to see that CASH360 has enabled Centre Parcs to modernise its cash management processes and, at the same time, significantly reduce the cost of handling cash. Our solution will provide them with far greater visibility of their cash flow across the whole estate, enabling them to control cash efficiently and effectively within their business – an essential advantage for a company looking to maintain the top spot in their market sector. ”
Paul Mann, Group Financial Accountant, Center Parcs, said, “CASH360 has proved to be an integral part of our cash handling and processing modernisation programme. With 1.6 million visitors a year to our villages and around 100 shops, cafes and restaurants to spend cash in, ensuring that our cash management processes are as efficient as possible is vital to our business.”
As a trusted partner to the world’s leading retailers and banks, providing cash management, transportation and processing, G4S has harnessed its global expertise in cash management to develop this fully automated cash management solution which significantly increases the efficiency of cash management in retail stores. G4S is currently engaged with a number of leading retailers around the world to identify the benefits that CASH360 can bring to their businesses
Also, Webster moved to CORPS SECURITY’S in December 2010 as new Chief Executive
Corps Security last December 2010 appointed Mr Peter Webster as its Chief Executive Officer.
Peter is well known and respected within the UK support services sector for his ability to develop and implement successful business strategies and his high level involvement with industry organisations. In his extensive career, Peter has worked for BET, Rentokil Initial and other major plcs and has had responsibility for managing a variety of complex support services businesses in the UK and internationally.
Commenting on his new role, Peter Webster said: “I am very excited and proud to be appointed Chief Executive of Corps Security. This company has one of the most recognised and respected brands in the industry, and from the start of its 150-year history Corps Security’s success has been built on treating its people well and delivering high quality services to its customers. These historic values will be central to its future success.”
“I see tremendous opportunity for Corps Security in today’s marketplace,” added Peter, “and by energising our skilled people, we can aspire to be the industry’s quality leader and to significantly increase our market share.”
Clive Ward, the Non-Executive Chairman of Corps Security, said: “The Board is delighted to have engaged a leader of Peter’s calibre to be the next Chief Executive. Peter is someone with real vision, extraordinary management abilities and a wealth of experience within the business services industry. Those qualities made him an obvious choice for the Board and I have every confidence that Corps Security will thrive under his leadership.”
