Evention
4 Case Studies
A Evention Case Study
The Sheraton Jumeirah Beach Resort, a five-star hotel in Dubai, faced a significant challenge with its manual cash management processes. This required its finance team to spend over 50 hours monthly on cash handling and an additional 17 hours per week on financial reports. To address this inefficiency, the resort partnered with Evention to find an automated solution that could integrate with its existing systems.
Evention implemented its Cash Reconciliation software alongside the Glory CASHINFINITY CI-100B back-office recycling device. This end-to-end solution automated cash counting, float preparation, and financial reporting. The results were substantial: cashier hours on cash handling were reduced by over 50%, finance team reporting hours were cut by 75%, and CIT costs were lowered by 50%. Furthermore, the hotel's on-site cash float was reduced by 38%, decreasing risk and generating significant operational savings for the business.