Corporate Safe Specialists, a provider of security solutions to retailers and restaurants, has launched the Treasury Series of safes that enable customers to increase the accuracy of cash deposits and speed of reconciliation. The Treasury Series automates the cash handling process.
According to Corporate Safe Specialists (CSS), the Treasury Series offers a modular approach to solving customers’ loss prevention, treasury and operational needs. Customers may choose from a variety of safe platforms to best accommodate their needs. The Treasury Series provides dual access accountability.
The product line offers the option of coupling a personal identification number (PIN) with either fingerprint recognition, which allows for positive identification of each safe user, Dallas key, or swipe card technology to provide a redundant level of identity verification. Sharing of combinations and PINs has been a principal concern among retailers and restaurateurs as a source (and cause) of internal theft.
Employees are able to make accurate and verified shift-close deposits through an easy touch-screen interface. Simplifying shift closeout, with greater accuracy and accountability, is designed into the employee-facing software. This allows management to review and reconcile deposits automatically, by cashier or by shift, making the day-close reporting much faster and easier.
The company has said that the Treasury Series can store and manage information on all safe activity by users. Safe usage, the date and time of deposits, amount deposited, and the date and time of cash removals can be captured by event monitoring video. The safe can be configured to allow access for cash drops, or door opening by different security levels. Activity can be further controlled with either multiple time lockouts or time delay periods, reducing the threat of both internal and external robbery attempts.
These combined features allow employees to complete many of their cash management tasks on their own while providing greater accountability and visibility of their deposit activity. This increases both employee productivity and managers’ ability to speed end-of-day cash management procedures. The Treasury Series addresses the needs of the retail and restaurant industries whose stores accept cash in high volumes as the preferred method of payment for goods and services, said CSS.