SafePoint®

Ensuring Your Cash Is Safe

SafePoint is an integrated cash management solution to help retail and commercial businesses better manage the cash they handle on a day-to-day basis. Using a computerized onsite SafePoint safe, you can secure your cash, reduce loss, and increase productivity.
 

How It Works

An employee feeds cash directly to the SafePoint safe with an assigned user code. Each day, the SafePoint safe reports cash totals to Loomis. Cash receipts are then made available to Salin Bank for credit. According to a pre-determined schedule, an armored vehicle arrives and takes the deposits to a Loomis cash processing center for balancing. Both you and Salin Bank can access deposit totals and generate reports remotely using the CPR system.  Change orders also can be fulfilled by Loomis and delivered according to the pre-determined schedule.
 

Benefits

  • Reduced labor costs by eliminating man hours spent driving cash deposits to the bank or trips to get change.
  • Increased accounting information simplifies following and reconciling your cash.
  • Counterfeit detection.
  • Improved funds availability.
  • Helps protect deposits from internal theft or robbery as cash is deposited in a secure safe.
  • Improved cash processing efficiency.
  • Manage deposits from one or all locations
  • Improved security for your business, employees and customers.

 
To learn more on how SafePoint can help your business, contact a member of our Treasury Management team today at 800.320.7536.