Retalix to Offer Tidel Cash Management Systems

Press enter to search
Close search
Open Menu

Retalix to Offer Tidel Cash Management Systems

DALLAS – Retalix, a global provider of software solutions for retailers and distributors, announced a reseller agreement with Tidel Engineering L.P., under which Retalix will offer Tidel’s leading-edge electronic cash management systems to Retalix’ retail convenience customers.

Under the agreement, Retalix will tightly integrate the Retalix StorePoint point-of-sale (POS) software with Tidel’s Sentinel retail cash security systems, to offer c-store operators turnkey cash management, according to the company.

Retalix StorePoint is an open-architecture POS solution specifically designed for the convenience store and truckstop industries, incorporating payments, foodservice and back-office functions, and supports forecourt, customer loyalty and full integration to third-party devices and applications.

Tidel offers cash management systems and robbery prevention products, and retailers who have deployed the company’s systems report an ROI of less than one year, citing stronger security, reduced cash handling costs and improved operating efficiencies, according to Tidel.

"Our agreement with Tidel allows us to expand our offerings to c-store operators with a rapid ROI solution that solves a significant industry problem," said Ray Carlin, executive vice president of Retalix USA. "Retailers will be able to quickly deploy these systems due in part to the flexibility and ease-of-integration with Retalix StorePoint."

Tidel’s Sentinel installs as a node on the retailer’s network, and its proprietary Windows-based software provides secure, two-way communications between the Sentinel, POS and back-office reporting system. The software also provides the unique ability to electronically "command and control" operation of the Sentinel through the POS terminal, providing full accountability and effectively closing the cash management loop, according to the company.

"This agreement will enable retailers to enhance operations, protect employees and allow managers to spend more time out front serving customers instead of counting cash in a back room," said Ed Grondahl, executive vice president, global sales at Tidel. "Partnering with innovative companies like Retalix allows us to extend the capabilities of our products."