If your business does a lot of cash transactions, you might want to invest in an automatic currency counter. An automatic currency counter will allow you to quickly count your money and save you from having to count that money manually. When looking at a currency counter, there are some traits you need to consider.

1: Counting Speed

First, you need to consider the counting speed of the currency counter. One of the biggest points of purchasing a currency counter is so you can reduce the time one has to spend counting money, so you want to invest in a counter that reduces the time it takes you to count up cash at the end of the day. Of course, that doesn't mean you need to go with the fastest counter on the market; just that you need to pay attention to the speed. 

When looking at the speed, be sure to consider the accuracy of the machine as well. You don't want to invest in a device that isn't accurate. 

2: Hopper Size

Second, the hopper size is the area where you put the money into. This is where you feed the money. The larger the tray hopper is, the less often you have to pause to add more bills to the machine. A large hopper is another way to speed up the counting process. 

You want a machine with a fast-counting speed and a larger hopper. If the counting speed is fast, but the hopper is slow, the time it takes you to count money will be longer as you will have to stop and keep feeding in the bills. 

You also need to consider how neatly the bills need to be stacked when they go in the hopper. Some will only work with perfectly straight stacks of money, and others will work with stacks that are not perfect. One that will accept less than perfect bills can help to get things done quicker.

3: Counterfeit Detection

If counterfeit bills are an issue you deal with regularly, you will want to look for a machine that has counterfeit bill fraud detection. This way, you can remove fraudulent notes from your drawers. This system can also be used to improve your loss prevention program. 

When buying an automatic currency counter, you want to look for one with a fast and accurate counting speed, with a larger hopper that accepts slightly messy stacks of bills, and has a counterfeit detection program.