Efficient cash management has indeed become indispensable for a successful business. Real-time visibility of cash deposits and a perfect count of cash helps to optimize daily cash flows. There is no dearth of variety in the choice of safes.
However, your decision to install a safe should not be made in haste. If you want to install a safe that brings in efficiency, confidence, smart technology and peace of mind, strategic research is advisable. Smart safes are necessary to overcome the toughest challenges of cash management such as loss, accountability and financial transparency.
Features to consider prior to the installation of a safe
However, your decision to install a safe should not be made in haste. If you want to install a safe that brings in efficiency, confidence, smart technology and peace of mind, strategic research is advisable. Smart safes are necessary to overcome the toughest challenges of cash management such as loss, accountability and financial transparency.
Features to consider prior to the installation of a safe
- Built-in Counterfeit Detection- Streamlining cash management and eliminating redundant manual processes have become crucial for efficient cash handling. It is thus ideal to look for safes with built-in counterfeit detection. This not only reduces the risk of discrepancies but also saves the business from forgery. Look for manufacturers who use more superior technologies than counterfeit pens and UV lights. Smart technology safes also integrate high-end bill validator technology. This allows the cashiers to efficiently validate the received deposits at the point of sale.
- Efficient Tracking- Innovative smart safes help to track the cash that has been deposited in the safe. With each deposit, the data is recorded and transmitted electronically from the smart safes to the armored vendor. Based on the reporting file, the bank credits the account with advanced credit. Apart from offering efficient tracking and comprehensive audit trails with electronic imaging solutions, smart safes provide hassle-free accounting between the point of sale (POS) and your bank.
- Coin Acceptor- If you have coin deposit or other prepared checks, it is advisable to buy a safe which is equipped with coin acceptors. This adds the ability to count and sort the received coins. Once deposited, the removable canisters sort the coins by denomination and easily pour coins into the bags for bank deposits.