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Technology That Counts
Electronic Smart Safe
In Tune with Market Needs
www.CranePI.com
securepost CASE STUDY
The Rolling Stones lyrics, “You can’t always get what you want,” could be an anthem for cash management.
Progress, however, is made by companies that challenge the status quo. Swiss cash-in-transit (CIT) company
SecurePost attempted to do just that with their product SecureCube—and the smart safe solution has been music to
their customers’ ears since its introduction in 2011.
“Our customers have a variety of different requirements,” said Daniel Buetler, director of logistics—SecurePost. “As
our business expanded, it became increasingly difficult to maintain a system that was timely and cost-effective for
everyone. Those customers with low or inconsistent volumes would experience an increased cost of doing business
because collections would sometimes occur at an inefficient time. We felt there had to be a way to help them save
money without sacrifice to the quality of service.”
Traditionally, a CIT customer has to schedule collections based upon anticipated needs. Deposits would then be picked
up, counted in a cash processing center and posted to a designated bank account. This practice, however, is flawed
due to the natural, but often unpredictable, fluctuations in business.
Swiss CIT SecurePost
evolves cash management to
simultaneously reduce costs
and increase traceability
SecurePost’s introduction of the SecureCube in-
payment terminal has offered its customers a new
solution. The electronic smart safe, produced by WAB
and equipped with an MEI SC Advance note acceptor,
generates newfound cash management efficiencies by
improving security and enhancing CIT service processes
at business locations. It streamlines cash processes—
from the store to the bank.
“SecureCube has to be stable, accurate and secure,”
said Mr. Buetler. “We couldn’t afford to compromise.
And, as a result, our customers receive a complete
solution—allowing us to take ownership of the cash as
soon as it’s deposited into the safe.
“Now, our customers receive credit to their account
overnight as opposed to waiting for a cash collection.
It’s convenient. It’s efficient. And the benefits flow
through all of the cash processes within the store.”
The SecureCube solution begins with the ability to
accurately account for and report all cash deposits.
The goal is to provide managers an exact count of
how much money is inside the safe—at all times. This
not only eliminates the need to sort and count cash
twice, but it also enables them to schedule collections
at the most efficient and cost-effective time—when the
cashbox is full.
“Precisely tracking the cash that is deposited into the
safe eliminates the need to access the safe within the
store,” said Mr. Buetler. “This improves security for
both us and our customers.”
The SecureCube solution is further completed by
SecurePost’s Cash Management/Forecasting SW
solution, which provides the highest possible device
availability, as well as device monitoring and cash
reporting. This information, which can be accessed
through the SecureData web portal, not only facilitates
full management by SecurePost but also provides
visibility to its customers.
SecurePost has placed more than 600 SecureCube
units across Switzerland since introducing the product
two years ago. Another 200 more are scheduled for
installation.
“Even at the busiest locations, where traditional
CIT services might be a more sensible solution, our
customers still prefer the SecureCube,” said
Mr. Buetler. “Having such a clear understanding of
their revenue and the corresponding cash on hand—not
to mention the time they save on cash handling—has
proven invaluable.”
The solution’s popularity is now leading to additional
enhancements. Options including a 1,000-note
cashbox and a version that feeds a 2,000-note bag
allow customers the flexibility to customize a solution
depending on cash volume.
“We recognized early in the process that flexibility was
really important to our customers,” said Mr. Buetler.
“The SC product portfolio—which includes multiple sized
cashboxes, acceptors with and without cashboxes and
a bunch note feeding (BNF) option—allows us to serve
our customers’ needs. We can now deploy a series of
machines from the same base technology. It makes
maintenance so much easier, further lowering costs for
our customers.”
Indeed, SecureCube is so much more than just a
product in a store—it creates a better process all
the way to the bank. Combined with its versatile
configuration, this means SecurePost and its
customers can always get what they want—and doesn’t
that rock?
‘‘
We couldn’t afford to
compromise. And, as a result,
our customers receive a
complete
solution—
allowing
us to take
ownership
of the cash
as soon
as it’s
deposited
into the
safe.
©2014 Crane Payment Innovations. All rights reserved.
‘‘
securepost CASE STUDY
www.CranePI.com

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SwissPost_ CaseStudy_CDM

  • 1. Technology That Counts Electronic Smart Safe In Tune with Market Needs www.CranePI.com securepost CASE STUDY The Rolling Stones lyrics, “You can’t always get what you want,” could be an anthem for cash management. Progress, however, is made by companies that challenge the status quo. Swiss cash-in-transit (CIT) company SecurePost attempted to do just that with their product SecureCube—and the smart safe solution has been music to their customers’ ears since its introduction in 2011. “Our customers have a variety of different requirements,” said Daniel Buetler, director of logistics—SecurePost. “As our business expanded, it became increasingly difficult to maintain a system that was timely and cost-effective for everyone. Those customers with low or inconsistent volumes would experience an increased cost of doing business because collections would sometimes occur at an inefficient time. We felt there had to be a way to help them save money without sacrifice to the quality of service.” Traditionally, a CIT customer has to schedule collections based upon anticipated needs. Deposits would then be picked up, counted in a cash processing center and posted to a designated bank account. This practice, however, is flawed due to the natural, but often unpredictable, fluctuations in business. Swiss CIT SecurePost evolves cash management to simultaneously reduce costs and increase traceability
  • 2. SecurePost’s introduction of the SecureCube in- payment terminal has offered its customers a new solution. The electronic smart safe, produced by WAB and equipped with an MEI SC Advance note acceptor, generates newfound cash management efficiencies by improving security and enhancing CIT service processes at business locations. It streamlines cash processes— from the store to the bank. “SecureCube has to be stable, accurate and secure,” said Mr. Buetler. “We couldn’t afford to compromise. And, as a result, our customers receive a complete solution—allowing us to take ownership of the cash as soon as it’s deposited into the safe. “Now, our customers receive credit to their account overnight as opposed to waiting for a cash collection. It’s convenient. It’s efficient. And the benefits flow through all of the cash processes within the store.” The SecureCube solution begins with the ability to accurately account for and report all cash deposits. The goal is to provide managers an exact count of how much money is inside the safe—at all times. This not only eliminates the need to sort and count cash twice, but it also enables them to schedule collections at the most efficient and cost-effective time—when the cashbox is full. “Precisely tracking the cash that is deposited into the safe eliminates the need to access the safe within the store,” said Mr. Buetler. “This improves security for both us and our customers.” The SecureCube solution is further completed by SecurePost’s Cash Management/Forecasting SW solution, which provides the highest possible device availability, as well as device monitoring and cash reporting. This information, which can be accessed through the SecureData web portal, not only facilitates full management by SecurePost but also provides visibility to its customers. SecurePost has placed more than 600 SecureCube units across Switzerland since introducing the product two years ago. Another 200 more are scheduled for installation. “Even at the busiest locations, where traditional CIT services might be a more sensible solution, our customers still prefer the SecureCube,” said Mr. Buetler. “Having such a clear understanding of their revenue and the corresponding cash on hand—not to mention the time they save on cash handling—has proven invaluable.” The solution’s popularity is now leading to additional enhancements. Options including a 1,000-note cashbox and a version that feeds a 2,000-note bag allow customers the flexibility to customize a solution depending on cash volume. “We recognized early in the process that flexibility was really important to our customers,” said Mr. Buetler. “The SC product portfolio—which includes multiple sized cashboxes, acceptors with and without cashboxes and a bunch note feeding (BNF) option—allows us to serve our customers’ needs. We can now deploy a series of machines from the same base technology. It makes maintenance so much easier, further lowering costs for our customers.” Indeed, SecureCube is so much more than just a product in a store—it creates a better process all the way to the bank. Combined with its versatile configuration, this means SecurePost and its customers can always get what they want—and doesn’t that rock? ‘‘ We couldn’t afford to compromise. And, as a result, our customers receive a complete solution— allowing us to take ownership of the cash as soon as it’s deposited into the safe. ©2014 Crane Payment Innovations. All rights reserved. ‘‘ securepost CASE STUDY www.CranePI.com