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Cash Security Safes

This PPT presents smarts security safe types along with technical specification, which helps to choose right cash management security safes for your business.

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Cash Security Safes

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  1. Security Safes: Are You Making The Right Business Choice? Cash Management can significantly impact the time and labor invested in a business. In order to make cash handling easy and keep the cash or other valuables secure, new age smart security safes are the solution of choice. Though some of the safe manufacturing and services companies go a step further in their service provision -- to actually help you evaluate your current processes and solutions with a view to determine the best security safe for your business -- it is always a good idea to be proactive and get some unbiased security safe buying tips on your own. Here are some factors that will help you determine which safe is best suited for your business requirements.

  2. 1. Volume of Cash or Valuables Involved Depending on the volumes of cash that a security safe has to store or dispense, there is a broad range of safes available in the market. The safe sizes vary, from the ones that handle a few hundred dollars to top-end options that are used in high cash volumes locations. (Example - the Casinos in Las Vegas). It is therefore, recommended that you go through your cash flow statements to determine the exact requirement for your cash handling.

  3. 2. Type of protection required All safes are required to maintain certain security standards, such as burglary resistance, fireproofing, and others. Apart from this, insurance companies also provide coverage to the safes with specific minimum safe ratings only. Depending upon the nature of the valuables that need safekeeping, you will be able to determine the type of safe and degree of protection you need. For example, if you have non-negotiable paper documents to store, a fireproof safe is what you need. However, for the purpose of securing bullion, coins or jewelry, a burglary resistant safe is what you need.

  4. 3. Space for Installation The space that is available for installation is another determinant that should never be missed at the time of purchasing a safe. One very important points that you must be aware of while determining the size of the safe you require, is the fact that there may be a considerable variation between internal and the external dimensions. Therefore, you must measure the space that is available before you go ahead to order a safe.

  5. 4. Number of Currency Detectors needed ● Capacity If the volume of cash to be managed is huge then you require more validators, but the number of validators you can actually install in the safe depends on the capacity of the safe. ● Redundancy Installing extra validators that can be used in times of emergency is a great idea. They are handy in case of failure or breakdown of one or more validators . ●Acceptance Rate To be able to accept more currency notes in a short time period, either the acceptance rate should be very high or you may have to increase the number of validators to alternate your deposits between the available validators.

  6. Word of advice Price is obviously a major determinant in choosing the right safe. However, instead of looking for a cheap safe, you must look for one that is cost effective. In other words, the best security safe for your business is not the one that is cheap but one that is cost effective, and suits your business needs.

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