Avoid Internal Theft with Real-Time Monitoring of Cash Deposited by Staff

Many banks are so busy assisting their customers; they sometimes don't realize they are facing internal theft. Though it isn't necessarily large sums of money, it's still a big headache for the accounts department. What starts as a few dollars might lead to a bigger theft. As part of the cash management solutions for banks, California's top armored car vendor offers smart safes as a solution to keeping track of all cash deposits made by employees. While other vendors provide self-payment machines and digital banking solutions, the top vendor offers solutions close to their forte like smart safes, vault management, and ATM management.

A small armored car business with a big heart

The customer-centric business that started over three decades ago understands its customers' needs and offers services and suitable solutions accordingly. As a small business, they can deliver like large corporates but provide a customized touch to tailor services for your specific requirements. Their smart safe solution is a prime example of services to match customer requirements. The machine is connected with the internet making it a powerful tool for tracking money and sending email notifications with real-time details of deposits.

Another set of services the vendor has explored and mastered for their customers' benefit is ATM management. They started by providing armored car services to replenish cash in ATMs across the city belonging to their customer. Now, they offer first-line and second-line services to ensure 99% uptime. These services include everything from stocking paper to servicing hardware. Apart from that, they are also responsible for transporting and stocking cash in the machines. The customer has lots to gain by hiring one vendor for multiple ATM related services. Apart from being familiar with the small business, coordination is more efficient, and data remains secure.

Install a smart safe for avoiding slow sales

Increasing transparency is an effective way to track performance and helps the management monitor the collections from sales. The smart safe facilitates the collection of cash from various employees through a secure login for each. The reverse ATM counts the notes and checks for fake banknotes before assigning the deposit to the logged-in user. It eliminates the need for employees to visit a bank for depositing cash collected. The money deposited is considered the vendor's property, and the client can consider it credited to their account. When the cassette inside the smart safe needs to be cleared, it sends an email for a pick-up by an armored truck.

The smart safe makes sure the money collected from customers by the client's staff matches the deposits made by enabling tracking through detailed reports it can generate. All that is required is the bill's amount compared to the amount deposited in the smart safe. Individuals can be pinpointed for missing sales targets more easily, and immediate action can be taken. It is one of the top cash management solutions for banks and retailers.