Smart Safes are the Need of An Hour for Retailers

Retailers like to make sales, and the less they have to do anything else, the happier they are. But, this is just a dream for a lot of sales professionals. After making many sales, they want to ensure the money collected from customers is safe, and their commission will be on time. In today’s world, where all retailers are supposed to be customer-centric and not profit-making hubs, there is a lot to do besides making sales. After all, you want to repeat customers and word-of-mouth advocacy.
The problem is that though the sales professionals might be making lots of sales or have record-breaking lead conversions, , the money generated somehow creates added responsibility – is it safe? So, if you can put that one worry aside, you could focus a lot better on making sales and turning cold leads into warm leads. You are confused about whether you should ask the owner of the store to hire armored car cash transportation for California stores or continue going personally to the bank. Can they consider smart, safe cash management, which will also consolidate cash collection across outlets?
Focusing on core tasks
The fact of the matter is that even with surveillance cameras and the watchful eyes of a supervisor, money is still lost because of theft or counterfeit currency notes. As a sales professional, your core task is to make sales, and everything else is secondary – easier said than done! At the end of each day, you spend a long time updating excel sheets or adding leads to the CRM system. It should help you, make more sales and track how much you have achieved your target. You can’t say sales have dropped because someone from the staff is stealing 00 every month, and it is affecting your performance to know some people don’t have integrity.
Keeping these factors in mind, Smart Safe Cash Management was introduced for retailers. Every note entered into the smart safe is authenticated, and then added to the count before being navigated to a cassette for safekeeping. If your retail outlet happens to be a sports car showroom, you would want an armored car for cash transportation in California, especially when dealing with vast bundles of cash from customers.
Five benefits of smart, safe cash management for retailers:
  • Lowers transport costs
o   Reduction in the number of CiT (Cash in Transit) pick-ups by reporting cash deposits to the retailer’s bank. Consolidated deposits for a single pick-up.
  • Cash is secure
o   Cash inside the smart safe is insured and guaranteed against theft.
o   Insured storage device makes it safe to store some money onsite.
o   Reduction in manual counting of cash and storage out of sight, thereby decreasing vulnerability for internal or external theft.
  • Hastens access to working capital
o   Credit for money before being physically deposited into the account at a branch.
  • Real-time visibility for cash
o   Can track cash through the network using real-time reporting.
o   Streamlined cash balancing and reconciling processes.
  • Protection from counterfeits and thieves
o   Automatic verification of currency as it enters safely.
o   Tamper-proof safe along with complete audit trail, thereby minimizing internal theft.
The advantages of a smart safe cash management solution are difficult to ignore. There are service providers who would effectively manage smart safes and cash transportation for California in a secure manner. It would allow a retailer to focus on sales, customer service, and devising new campaign strategies for different target groups.

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