Tidel Provides Secure Cash Automation for Walk to Bank Customers

At Tidel, we recognize that there are a number of retail franchise owners who elect to not utilize the services of third party cash-in-transit providers to transport their deposits to their bank.  This could be due to that fact that their store is in very close proximity to their local bank branch, where the owner or manager doesn’t mind transporting the deposits as part of his daily activity.  To the franchise owner, spending a few minutes away from the store and transporting money to the bank isn’t a significant burden.

But managing cash in a store goes far beyond transporting funds to the bank and making the deposit on time.

When franchise owners manage cash using older, manual methods, there are other risks and associated costs involved – including risk of theft and robberies, lack of cash visibility, spending time counting money, experiencing numerous “overs and shorts”, investigating discrepancies, preparing deposits, and managing the store’s change fund.   These costs can add up quickly, which can certainly put a dent on the retail store’s bottom line.

Tidel smart safes are designed to protect, automate, and streamline the cash management function for a wide spectrum of franchised stores – including quick serve restaurants, convenience stores, and others, enabling these organizations to increase efficiencies, promote accountability, reduce risks, and improve operating margins.

The accompanying infographic highlights how our solutions help relieve the costs and risks associated with manual cash handling – particularly for owners who remain proponents of self-transporting their deposits to their bank.

To learn more about our automated cash management solutions, visit www.tidel.com today.

TIDEL-Smart-safes-ideal

Read more at tidel.com

Follow us on social media for the latest updates in B2B!

Image

Latest

digital freight invoicing
ODeX Is Leading the Charge in Digital Freight Invoicing
April 24, 2025

Global shipping continues to grapple with fragmented billing processes, often delaying cargo movement. According to McKinsey, adopting an electronic bill of lading could save $6.5 billion in direct costs and enable $40 billion in global trade. As vessels carry goods for thousands of shippers per voyage, the administrative burden of managing and reconciling invoices…

Read More
Human Intelligence Movement
Just Thinking… about Reimagining Education for the AI Era with the Human Intelligence Movement
April 24, 2025

As artificial intelligence reshapes education, work, and daily life, educators are grappling with how to prepare students for a future where human skills—not just knowledge—will be paramount. In fact, a growing number of reports highlight that employers increasingly value collaboration, communication, and emotional intelligence over memorized content. Amid this transformation, the Human Intelligence Movement…

Read More
The Value of a Restoration Team with Healthcare Experience
The Value of a Restoration Team with Healthcare Experience
April 24, 2025

In this episode of Inside Restoration & Recovery, host Martha Lewis welcomes Jason McClaren, Director of Facilities Operations at Reunion Rehabilitation Hospitals, to discuss the critical advantage of partnering with a restoration team experienced in healthcare. A former firefighter and military veteran, Jason has spent the last decade managing safety, risk, and emergency preparedness…

Read More
Science of reading
Educators Must Combine 1:1 Tutoring with the Science of Reading to Close the Reading Gap
April 23, 2025

Coming out of the COVID-19 pandemic, the education system faced a seismic shift. Learning loss, especially in foundational literacy, was a national crisis. In 2024, only 31% of fourth graders in the U.S. were reading proficiently, according to the National Assessment of Educational Progress (NAEP). Meanwhile, tutoring exploded as a top strategy to recover…

Read More