G4S Cash Solutions is urging businesses visiting this year’s Restaurant Show to plan ahead to keep cash flowing during the Olympics and take advantage of the potential increase in tourists expected to descend on the UK next summer.
The G4S team will be showcasing how cash management solutions such as CASH360 can present restaurants with an opportunity to enhance their customer service while bringing efficiencies and added security to their business.
With an estimated uplift in spending of £750m over the Games’ seven week period, and the hospitality sector accounting for 11 per cent of this figure, it is essential that restaurateurs plan now to manage and take advantage of the increase in visitors to the UK.
G4S is working with leading restaurateurs in the UK, including T.G.I Friday’s®, to help them streamline their cash processes, reducing the risk, time and cost associated with cash management.
TGI Friday’s® recently implemented G4S’ world-leading CASH360 cash management system at more than two thirds of its restaurants which has reduced the cost of managing cash, minimised losses, improved management information, and enhanced security. Improvements such as these are crucial in ensuring that businesses are well-equipped to take advantage of the opportunities that the Olympics present.
David Carroll, director of Business Development at T.G.I Friday’s® in the UK said: “We are always looking for ways to enhance the customer experience … CASH360 has freed up one hour per day for every restaurant manager in the UK with the solution installed. That’s one more hour to spend with our customers serving teams from front of house.”
The G4S team, including Managing Director James Dinsdale, will be speaking with restaurateurs at the Restaurant Show – held from 10-12 October at Earls Court in Central London – offering advice and guidance to members of the UK’s restaurant industry.
Speaking about the opportunity that 2012 presents, James said: “It is vital that businesses, particularly in the hospitality industry, plan their cash management processes for the inevitable increase in activity at their premises as the Games draw closer.
“G4S Cash Solutions is already working closely with customers to develop plans to ensure they are well-equipped to deal with the cash flow challenges facing them at what will be an extremely busy and potentially profitable time.”
For more information visit www.g4s.com/uk.