Store Safe promotes deposit and reconciliation accuracy.
Share:
Press Release Summary:
Automating cash handling process, Treasury Series enables same day bank credit for cash in safes at store level. PIN can be coupled with fingerprint recognition, Dallas Key, or Swipe Card technology for dual access accountability. While employees can make accurate and verified shift-close deposits through touch-screen interface, management can review and reconcile deposits automatically, by cashier or shift, to facilitate day-close reporting.
Original Press Release:
Corporate Safe Specialists Introduces Treasury Series Product Line
POSEN, Ill., Sept. 12 -- Corporate Safe Specialists (CSS) announces the launch of 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, which has been completed manually by many of the retailers and restaurants adopting the technology.
CSS has recently experienced a significant increase in demand for their Advanced Cash Control Systems (ACCS) from customers who have sought to increase productivity of their personnel and decrease losses due to errors and internal theft. Enterprises large and small have found that integrating their point of sale (POS) systems with CSS safes offers a wide range of benefits including fewer bank deposit errors, lower cash shrinkage, and real-time reporting/auditing. The Treasury Series also enables same day bank credit (for cash in safes at store level). The patented software system runs on a Windows-based platform and has been commended by customers on its reliability.
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 personal identification numbers (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 Treasury Series can store and manage information on all safe activity by user. 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. The Treasury Series will be demonstrated at the NACS (National Association of Convenience Stores) Show at McCormick Place in Chicago, IL from October 5 - 7, 2008 in booth 6948.
About NACS: NACS, the association for convenience and petroleum retailing, is an international trade association representing more than 2,200 retail and 1,800 supplier member companies. The U.S. convenience store industry, with over 146,000 stores across the country, posted $577.4 billion in total sales in 2007, with $408.9 billion in motor fuels sales.
About CSS: Founded in 1988, CSS is an industry leader providing innovative security solutions to retailers and restaurants globally. CSS safes, smart safes (ACCS) and kiosks feature electronic or biometric locks and can be configured to provide closed-loop cash management processes to minimize risk of armed robbery, burglary and internal theft. CSS is the only manufacturer of safes to offer live 24/7/365 technical phone support and has a U.S. service network that can provide on-site service within four hours.
CONTACT: Peter Muiznieks of Corporate Safe Specialists, +1-708-371-4200, ext. 135, Fax, +1-708-293-6339, muiznieksp@corporatesafe.com
