So, it stores cash, but it stores it smartly? Not exactly. This safe takes all cash handling activities into account and simplifies them, making them more efficient, secure, and easier to tackle. It combines all the benefits of a standard safe, with an automated twist.
Still not sure how a smart safe can benefit your business? Keep …show more content…
With this information, you can train cashiers and better improve daily routines that surround cash. No longer will you be left wondering if there’s room for improvement; the safe will give you all the answers you’re looking for.
In addition, unlike traditional safes, smart safes eliminate cash flow problems by allowing you to process cash right away. All your cash is counted, sorted, and balanced when you deposit it into the safe. It can then be recycled back into your business as you see fit. This saves you time, money, and effort, and lets you focus on your business.
Retail shrinkage is a bad word for most business owners. No business owner wants to see their inventory or cash disappearing without reason. However, for many businesses, internal theft accounts for over 34 percent of all retail shrinkage. That’s a dangerously large number. Thankfully, smart safe technology protects cash not only by securely storing it but also by tracking any deposits or withdrawals made using the machine. If a till is entered that’s not properly balanced or an unauthorized withdrawal is made, you’ll be the first to know.
Why It