10 Signs You Should Invest In Smart Safes

    Aug 31 2016

    Topics: Smart Safes

    When you’re running a business, there are many different things you need to worry about on a daily basis. Investing in automated cash management technology can be a wonderful way to alleviate a diversity of concerns. The smart safe is one of many ingenious tools helping businesses everywhere relieve stress and become more efficient. If you recognize any of these telltale signs, then it might be time for you to invest in a smart safe!

    1. You’re a Cash-Heavy Business

    The more cash you deal with, the more heavily you’re going to be relying on a safe in your daily operations. Handling large volumes of cash is a lot of responsibility, with increased potential for costly errors. Smart safes are built expressly to handle large volumes of money efficiently and accurately.

    2. You’d Like to Keep Better Track of Your Cash Flow

    In day-to-day operations, it is necessary to be in and out of the safe multiple times. With a smart safe, information on who is depositing or withdrawing money, or who is accessing the safe at any given time, is automatically logged for you, making it easier to keep track of cash flow.

    3. You Want More Accountability

    Logs that accurately detail who has been accessing your safe means increased accountability amongst you and your employees. With a smart safe, everyone who opens the safe must log in, and you can issue employees individualized IDs, which will help keep everyone honest and make sure that if any issues arise, you are able to trace the problem to its source.

    4. You Want Better Time Management

    Using a traditional safe means a bigger time commitment, as you need to sort money and log activity each time you deposit or withdraw. Smart safes do all of this work for you, automatically sorting, tallying, and recording all activity, therefore saving you time.

    5. You Want to Increase Productivity

    No longer burdened with the time commitment inherent in dealing with a traditional safe, your employees will have more time to devote to other tasks. Investment in a smart safe is an investment in a more productive workforce, optimizing what can be accomplished in a single workday.

    6. You Want to Improve Morale

    The responsibility of using a traditional safe can be a burden on employees, from worries about liability to safety regarding the transferring of large amounts of money. Knowing that technology is in place that makes everyone safer and ensures that no one is held responsible for mistakes they didn’t make can make everyone feel more at ease and can significantly improve morale.

    7. You Wish Auditing Was Easier

    Conducting internal audits is one of the more tedious tasks a business faces, and when confronted with manual logs and incomplete information, that task can go from tedious to troublesome. Smart safes automatically compile all the information you need, making the process as painless as possible. Reports are generated at end of day or you can request a real-time report as needed.

    8. You’re Worried about Fraud

    Counterfeit currency is a continual concern, and it’s becoming increasingly difficult to detect as counterfeiters learn new ways to evade security measures. Smart safes have built in counterfeit detectors, alerting you immediately if you’ve been given fraudulent currency.

    9. You Have Safety Concerns

    If you’re concerned about theft, both internal and external, the smart safe is one of the safest options. You can monitor the smart safe remotely, and it comes embedded with an advanced locking system and anti-drilling security, giving you total peace of mind.

    10. You’re Looking to Improve Customer Service

    Good customer service is integral to your business, but the more time and energy that is taken up by dealing with the safe, the less time you have to focus on customer service. When you invest in a smart safe, you’re buying yourself more time and energy with which to provide the best customer service to your clients.

    How to Improve Your Business With An Automated Cash

    Andrea Lombardi

    Andrea Lombardi

    Andrea joined the CashTech team upon its inception in 2003. Learning the business from the ground up, she now utilizes her expertise in account management, planning, and negotiation while managing the daily operations of CashTech’s sales, marketing, and logistics departments. Andrea holds a bachelor’s degree from the University of Western Ontario. She enjoys travelling and has a passion for personal fitness, including obtaining her kettlebell certification. Andrea lives in Toronto with her husband and two young sons.

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