|End-to-end cash management specialist Loomis has secured a four-year contract with Fife County Council to deliver cash in transit and cash processing solution for the council. The contract will see Loomis collecting cash and coins from cash handling, council run establishments throughout the county, including schools, leisure centres, car parks and libraries, removing the need for employees to transport money. Loomis will also manage cash processing on behalf of the council as well as installing and managing safe facilities for holding cash on local government premises.|
The contract was won following Fife County Council’s move to address the safety issues associated with employees handling and carrying cash. In particular, the council was looking for a solution to support its introduction of Cashless Catering in schools, a system via which pupils load cash credits onto a swipe card.
With some schools collecting up £15,000 per week, a secure holding and safe transit solution was needed. This issue was addressed through the introduction of Loomis’s SafePoint anti-duress deposit units which securely hold cash and coins until removed by a Loomis guard ahead of transportation.
In addition to improving the safety of its employees, the solutions introduced by Loomis have helped save the council money, removing the charges associated with over the counter bank deposits.
“Fife Council operates a continuous improvement culture and this includes seeking cost effective, risk reducing solutions where possible. Working with Loomis and utilising the SafePoint service has assisted us with this process and given added security for staff and council premises,” said Robert Lamont, Fife Council. “This demonstrates that the introduction of a Loomis solution was the right decision.”
Notes to editors
Loomis is a leading cash handling organisation. Loomis provides innovative, efficient and highly secure cash collection, delivery and cash processing services using the most advanced security and technological solutions available.