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Loomis Blog

Learn about the latest industry news and topics and how Loomis innovations and services are driving businesses forward.

Viewing Cash Management

Customer Spotlight: Summit Truck Group Reduces Risk of Robbery and Theft with Titan C Program

With 33 locations serving 28 markets across eight states, Summit Truck Group is the largest international truck dealer in North America, and also represents Kenworth, Volvo, Mack, and Isuzu commercial trucks, as well as Crane Carrier specialty vehicles. 

Customer Spotlight, Cash Management, Retail, SafePoint
Why smart safe technology is a must-have for smart retailers

For retail operators, having more cash on hand comes with more responsibility. Effectively managing and processing that cash, especially if done manually, can create a lot of unnecessary stress for operators. More business owners are realizing that they’re putting a strain on valuable resources while still being unable to avoid the risks of shrinkage or inadequate security, and they’re looking for new cash-handling solutions to improve their bottom line.

Cash Management, SafePoint
Three tips to ensure your in-store cash handling procedures are ready for the holiday rush

You work hard to grow and manage your business, and the holiday season is an opportunity to increase profits even more in a short amount of time. But, with increased transactions and more cash in the mix, the risk for losses due to internal or external theft or staff error increases, especially if you haven’t made the switch to automated in-store cash handling. 

Cash Management, SafePoint, Retail
Guiding Your Clients to the Right Cash Management Solution

For commercial business clients who accept cash as a form of payment, the need for a more sophisticated approach to handling cash is paramount for maintaining profitability. Familiarizing yourself with what different services cash management providers are offering better positions you to help clients identify their points of need and improve their operations—and their bottom line.

Cash Management, Banking, Financial, SafePoint
Five ways your financial institution can benefit from outsourced cash management

There’s been a tremendous shift toward outsourced CMS, with community financial institutions opting to work with either a partner that specializes in cash handling or a correspondent bank.

SafePoint, Cash Management, Technology
Why it’s crucial to have a cash management partner with a strong business continuity plan

This time last year, businesses in Texas, Florida, and Puerto Rico were dealing with the aftermath of some of the most severe hurricanes this nation has ever seen. It may not be something that crosses your mind every day, but having a cash management partner with a solid emergency response/business continuity plan can make all the difference in helping your organization recover after a crisis. 

Cash Management, Retail
Four ways businesses win with tech-driven cash management

Reliance on traditional cash-handling process can take a huge toll on business operations. Here are just a few of the ways a cohesive, modernized approach to cash management can help save time and money and turbocharge businesses.

SafePoint, Cash Management, Technology
How cash management enhances both commercial businesses and Treasury Management

Cash management continues to become more of a priority across numerous industries. With the right solutions in place, commercial businesses and financial institutions’ Treasury Management can both reap the benefits.

Cash Management, Financial