Businesses are moving faster towards a cashless society because it's cheaper than handling "real" money. This is according to a new report by Sage, integrated accounting, payroll and payment software provider. The company’s latest report says small and medium-sized businesses are losing £9.4bn each year through cash payments. A quarter (24 percent) say that staff members stole some cash, a third (34 percent) believe human error had them losing money, and more than half (56 percent) claim they spend at least an hour every week counting and sending money to the bank. All these reasons are giving businesses strong arguments… [Continue Reading]
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