Miss A Slashed Monthly Deposit Costs by 70% with Clip’s Self-Service Deposit Network
Miss A has established itself as a preferred destination for beauty enthusiasts seeking on-trend products at affordable prices, with 19 locations across the US.
Key Results
Reduced daily deposit and cash handling costs by 70% with ClipDrop
Achieved over $40,000 in annual savings across all locations
Replaced two armored carrier services with Clip’s all-in-one management system
The Challenge of Stagnant Deposit Services Before Clip
Before partnering with Clip, Miss A relied on traditional smart safes to manage daily deposits across multiple locations, provided by two armored pick-up services.
The monthly expenses for these safes and related services were steadily increasing, putting a strain on the rapidly-growing beauty retailer’s operational budget.
Why Miss A Chose Clip
Miss A discovered Clip's innovative cash management platform as they sought ways to optimize their security and financial efficiency.
Using ClipDrop for daily deposits brought down the average monthly cost per location, translating to a staggering 70% cost savings.
The switch to Clip resulted in an estimated annual cost savings of over $40,000 across their assigned locations.
Clip’s flexible model empowered Miss A to adapt their cash management strategy in real-time, fostering greater control over cash handling.
Since joining Clip, Miss A has expanded the partnership from 3 locations to 19 within 7 months.
"Clip provides an innovative approach to cash management for businesses that are left with very limited and antiquated options. The immediate impact of cost savings per location compared to armored pick-up service demonstrates that we made a move in the right direction depositing in Clip's network. We plan to continue expanding while Clip’s network grows across the US in order to strategically address our focus to reduce operating costs." - Lan Yan, VP of Retail
Unlock significant savings on monthly cash management with Clip. Contact our sales team for a free quote!
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