Month: March 2020

American Security Launches Tube Vend Dispenser Solution for Improved Cash Management

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AMSEC, a leading manufacturer of both traditional and smart safes, is pleased to announce the introduction of their innovative Tube Vend Dispenser that will help businesses improve their cash-management practices.

Most tube vend units require manual counting of deposited money, but AMSEC’s CashWizard Smart Safe has sensors that automatically detect and accurately count the number of tubes being deposited.

Users can log in from any device to a highly secure cloud portal to view the amount of cash and coin they have on hand and easily access Fully Automated Reports for every cash transaction.

AMSEC’s Tube Vend Dispenser helps restaurant and retail organizations manage in-store change, reduce the risk of internal theft, streamline in-store management, and create greater efficiencies in retail operations.

“Our customers are excited to see all of their data at the touch of a button,” said Donny McKay, Vice President of Smart Safes. “Our innovative Tube Vend Dispenser has allowed us to take the concept of cash management to an entirely new level in the smart safe market. When coupled with our cloud solution, it provides tremendous value in terms of both improving security and operational efficiencies.”

About AMSEC

AMSEC’s CashWizard line of advanced and highly secure smart safes enable businesses of all sizes to streamline their troublesome and time-consuming cash-management processes by reducing the time spent on manual counts while providing remote connectivity to analytics, critical business data and daily reports.

For over 70 years, AMSEC has been protecting retailer assets with the most reliable and secure safes on the market. We focus heavily on innovation and developing technologically advanced safes to meet the unique needs of our customers.

5 Benefits That a Smart Safe Offers a Carwash

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Many car washes nowadays are taking advantage of the latest technologies that allow them to provide a better customer experience and improve their bottom line. From innovative vehicle profiling to digital loyalty programs, technology is helping car washes drive new business and remain competitive.

A smart safe can help car washes improve their cash management practices and adds several additional layers of security. We’re going to look at five benefits that a smart safe offers a car wash and why there’s no better time than now to adopt this new technology for your business.

What is a Smart Safe?

A smart safe operates much like a traditional safe in that it safely and securely stores cash, however, users get the added benefit of having the safe count the currency when deposited.. Smart safes, such as CashWizard from AMSEC, come with anti-pry doors, dead-latch locking mechanisms, and other physical security features that provide increased security for the cash that’s stored inside.

Smart safes help improve cash management procedures by eliminating several daily manual tasks that take up the time of managers and employees. They also help reduce the exposure to both internal and external threats such as human error and theft.

It connects to the internet and offers multiple cash management solutions and several additional layers of security. Business owners can remotely log into their safe from any device and view real-time data, including critical business information, manage users, and run detailed reports.

Improved Efficiencies

A smart safe allows both managers and employees to spend less time counting and dealing with cash and more time running the business. It can help lessen the time it takes for money-counts, register closeouts, and tracking down and reconciling discrepancies.

It can be seamlessly integrated with a POS system and provides an accurate paper trail that helps ensure that all cash is accounted for. At the end of their shift, the safe will record the till balance of the cashiers, thereby freeing them up their time. This helps prevent potential theft, human error, and managers from having to make multiple bank runs.

For those who own multiple car washes, they can remotely administer to their safes from any online device. This multi-location visibility provides access to all aspects of the safe, including daily totals. Reconciliation numbers and critical business stats such as daily reports, business data, and user info can all be viewed from a powerful analytics dashboard.

Improved Counterfeit Detection

Cashiers traditionally use a counterfeit detection pen to identify fake money. However, this method is not fool-proof, and some bogus bills can slip by. Distracted cashiers, human error, or a broken detection pen can result in the business unknowingly accepting counterfeit money.

A smart safe, like the CashWizard from AMSEC, uses state-of-the-art technology to immediately identify counterfeit bills. Unlike a human being, the safe never gets tired or distracted and it remains ever vigilant. When used in conjunction with common-sense practices, it can help put a stop to fake money slipping through.

Lowered Risk

Car washes face many security risks that come from handling large amounts of cash. A smart safe helps prevent cashiers from counting money at the end of the day. Managers will also no longer have to make potentially dangerous runs to the bank.

It can help reduce both internal and external threats and allows for the deposit of money at the cash register. Not only does this reduce the amount of cash in the till, but it also provides a highly safe and secure way of storing it until an armored pickup arrives.

If internal theft is suspected, owners and managers will no longer have to sit and review hundreds of hours of security footage. The smart safe provides a log that can be traced back to the user via their login. This, in and of itself, acts as a powerful deterrent to those employees considering stealing.

Smart Safes: The Way of the Future

Running a business that accepts cash like a carwash comes with increased security risks. The CashWizard smart safe from AMSEC will not only offer owners increased security but helps improve operational efficiencies and cash management practices.

It will ultimately provide peace of mind and allow the car wash to take full advantage of the state-of-the-art technology that comes with every smart safe. If you’d like to learn more about CashWizard smart safes, visit our website.

Convenience Stores Can Optimize Cash Management  with Intelligent Technology

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In the retail business, cash management is a priority issue and it is especially critical in the highly competitive convenience store market.

If you own or manage a convenience store, you’re no doubt aware that how you manage the payments you receive in cash can have a major impact on your profitability. A secure, efficient cash management system using intelligent technology from AMSEC CashWizard Smart Safe is your solution.

Convenience stores can realize higher profitability, lower costs, improved security, and more productive employees with AMSEC’s CashWizard Smart Safe. Because a convenience store conducts such a substantial amount of transactions in cash, it is vital that the store has a secure, accessible cash receipt system in place.

A CashWizard Smart Safe can support a convenience store by securing its cash deposits, while also reporting all cash transactions. It’s a level of transparency that safeguards against internal theft and facilitates a dependable audit that’s essential to a successful enterprise.

Especially useful for busy, convenience store cash management, the CashWizard Smart Safe’s Integrated Tube Vend counts money going in and out using high-tech sensors. Reporting, trending, and tracking can be viewed remotely on our secure website. The tube vend is adaptable to any AMSEC Smart Safe configuration and maintain accurate counts consistently.

When your smart safe is placed directly under the register, it allows the staff to make cash deposits throughout the day, keeping the register’s balance at a minimum and creating a proven robbery deterrent.

Happier, more productive employees

Your smart safe will also have a positive impact on your employee productivity. CashWizard Smart Safes ensure maximum cash accountability. You can program your smart safe to a store’s point-of-sale system, ensuring that all cash sales and deposits take place in timely manner.

Your smart safe will enhance employee productivity because balances are easily reconciled and it alleviates stress relating to handling cash. Your employees will have an increased sense of freedom within a secure and automated platform. The worry of errors, miscounts, losses, or other issues are removed, giving your workers more time to focus on the customers and the sales. Greater employee productivity will inevitably translate to greater employee retention and improved customer service.

Easy access to your data

Having real-time access to your data helps you make better decisions and maintain a reasonable level of responsiveness. Reports are a critical part of any organization, and a CashWizard Smart Safe supports a wide-ranging set of reports and email options to enable managing the cash business. With this level of intelligent technology, a store manager can make important decisions about staffing, security procedures, banking, and frequency of pickups.

In any convenience store setting, security is a major factor contributing to a profitable and productive business atmosphere. When properly established, a well-fortified environment can have a direct and positive effect on a store’s overall productivity and its employees, which in turn leads to more satisfied, returning customers.

Find out more about AMSEC CashWizard Smart Safe technology and its efficient web-based software. Win back time and boost performance with intelligent technology that provides visibility to critical business information. Have real-time data at your fingertips for reports and decision-making.

Optimize your convenience store cash management with smart technology from AMSEC. You’ll discover the unparalleled accuracy, connectivity, and security you need to compete and succeed.  Contact AMSEC CashWizard Smart Safe today!

How to Prepare Your Mobile Store Employees for a Smart Safe

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Your mobile store employees have a lot on their plate. Customer service, sales, and activating phones require them to be on their toes and wearing multiple hats at once. When you throw cash management into the mix, it’s a recipe for disaster.

A smart safe can help reduce the chances of human error and allow your employees to focus on running the store. Implementation will require a small learning curve, but once they’re used to it, they will love how it alleviates several mundane and time-consuming cash management tasks.

We want to share with you five ways you can prepare your mobile store employees for the implementation of a smart safe:

Start with One

Smart safes are designed to make life easier on both employees and management, it can take some time to get everyone up to speed. This is why it’s best to start with one store. As your employees learn, so shall you.

You’ll quickly figure out the best ways to train your employees and be better able to respond to any questions that might arise. You can also use the first store as a test to try out new cash management practices and procedures. This way, you’ll be able to iron out the entire process so that you’ll have a proven game plan for implementation in your remaining stores.

Train, Train, Train

It’s an excellent idea to invest in training. Spend as much time as you need to train both managers and employees properly. This provides a great opportunity to adopt new accounting procedures as you take advantage of the multiple benefits offered by your new smart safe.  Video training allows for easy training of new employees when turnover occurs.

Your mobile store employees are used to technology—after all, they use it regularly to activate phones and troubleshoot problems. However, it might take them a few to get used to a new cash management process. It’s helpful to let your pilot program run for a few weeks to a month as this will allow your employees ample time to get up to speed and comfortable with the new procedures.

Education

Adopting new technologies without explaining the reasons behind is where many mobile phone stores run into trouble. Some employees could potentially think that you’re incorporating smart safes because you don’t trust them.

Explain to them that the reason you added a smart safe was to help them with their jobs. A smart safe automates the counting and depositing of cash while simultaneously providing total transparency into every interaction with the register.

Your mobile phone store employees will no longer have to worry about being short on their register and the subsequent awkward conversation that they’ll have with the manager. It also serves as a robbery/theft deterrent—as cash is securely deposited into the safe, it prevents the tills from overfilling with money.

Finally, the automation provided by the smart safe frees up both the managers and the employees to focus on doing their job—not counting cash or dealing with one of many different issues that can arise with manual cash management.

Take Control of Your Cash Management

Adding a smart, safe, or fleet of smart safes to your mobile stores offers many benefits such as added security, improved efficiencies, and less human error. It will allow your store to implement better cash management procedures that will help improve your bottom line.

AMSEC CashWizard smart safes are the perfect choice for a mobile store. If you’d like to learn more about the benefits of the AMSEC CashWizard line of smart safes, or would like to find a retailer, visit our contact page for more information.