logo
logo
Sign in

Put an Immediate Stop to Internal Theft with a Smart Safe.

avatar
Sectran security

Keeping track of multiple salespersons or customer-facing staff is not an easy task. Whether it’s brick and mortar stores, restaurants, or an office, any shortage in cash collection can put the management on full alert. If it happens more than a couple of times despite putting all the appropriate monitoring tools in place, the culprit is probably a staff member. Catching someone red-handed is the only way to end this display of low integrity, which puts everybody under the radar. Connecting with a cash management system company is the quickest way to escape this tricky situation and prevent internal theft in the future.

Solutions for individual cash management that deliver results

Approximately 5% of annual revenue is lost to internal theft, which is a bigger problem than customer shoplifting. A scary fact about this revenue loss to dishonest employees is that one in three businesses fail because of the inability to catch a repeat offender. Luckily, there are fool-proof ways to track cash deposited by employees at a centralized location. Implementing individual cash management solutions can put a stop to suffering losses. One of the most ef fective tools for tracking every dollar submitted by staff members is a smart safe.

The top vendor for e-Deposit solutions is famous for their cash  logistics in California and offers the most reliable smart safes on a subscription basis. The combination of owning a fleet of armored vehicles and renting smart safes ensures a high level of security for the cash. Nobody needs to lift a finger when the smart safe has reached its capacity for banknotes, the vendor’s team is automatically informed by email that a pick-up is required. They replace the cassette for cash inside the smart safe. There is no involvement required by the customer’s staff after depositing money in the smart safe.

There are three parts to most smart safes - a user interface, bill validator, and controller. Only users with valid credentials can deposit cash, while managers can access the latest data in real-time through almost any device connected to the internet. Tracking cash collection for a single day or by an individual becomes efficient because it does not require anyone’s assistance. These Individual cash management solutions ensure only permitted users can access critical data, thereby ensuring privacy and security. Several types of useful reports can be generated to study performance and analyze the quantities of cash collected.

The takeaway

Identifying the most suitable cash management system company for your business requirements is easy with one of California’s top vendors for cash logistics offering smart safe services on a monthly fee. The armored company will undertake the installation, set-up, training, and maintenance of the solution to ensure you are equipped to face the challenges of transacting in large volumes of cash every day. Your employees will also be relieved to deposit banknotes from customers at a secure centralized location on the premises.

collect
0
avatar
Sectran security
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more