Just because there are no recent robberies involving armored vehicles doesn’t mean it has never happened or that it never will. Being too optimistic isn’t correct, but neither is being paranoid about cash transportation in California. If anybody should be worried, it is the staff onboard an armored truck stuck in traffic jams with thousands of dollars in the back of a rare and priceless masterpiece.
There’s always a small chance of somebody attempting a robbery, but there are too many possible outcomes from an incident like that. Besides, the security guards carrying the cash are well-trained to handle any event and have protocols to follow to ensure the safety of the money aboard their transportation. There aren’t too many options available, and the best way for cash transportation in California or elsewhere in USA is an armored truck. It could be a helicopter, but that would mean far more expenses lowering profit margins.
The smart, safe solution for employees with low integrity
Keeping theft in mind, an effective solution to the anxiety connected with large sums of money in currency notes is smart and safe cash management. This ‘connected’ safe for counting, verifying, and storing cash along with a timestamp and user details are steadily growing in popularity. It is not only an effective storage device but also efficiently keeps track of every addition made. In other words, it’s a fool-proof way to ensure cash management is honest and everybody involved is accountable.
Smart, safe cash management is best when there are several employees handling cash for the company. For each entry that is made, the smart, reliable counts the money verifies it is authentic and then stores it. The details of the user that logs-in are captured and stored with the transaction. If cash is short for any of the entries to the smart safe, the exact details are available of the person that logged-in to deposit some money in the smart safe.
In California, often, the cash transportation team is responsible for depositing the cash at a particular bank or vault for safekeeping. The connected smart safe can be viewed in real-time at any point of time by a designated person. An activity log can be created to get a clear picture of all transactions with the smart safe.
The reality of the situation
The truth is that they are people in this world that are greedy for money and are willing to sacrifice human lives to become rich. Last year there were 26 armored car robberies in USA, 50% of those were in Houston. Unfortunately, there is no alternative at present for transporting cash other than via an armored truck. If too much money is stored at any location, there is always the chance of a hold-up or robbery. Especially in companies whose line of business is outside banking like retail or real estate, there is only limited security for guarding the cash. Most robberies lead to violence and loss of life, which is worse than losing money.
Until there isn’t a workable digital currency, cash transportation will have to be by specialists in the field. And where petty theft is concerned, the only reliable solution is smart, safe cash management.