The Colony, TX, 11th of November, 2006: When Chris Manning, Director of Loss Prevention for Wendy's International, decided he was going to update the Fast Food giant's cash handling system, he and his company carefully analyzed all of the available and upcoming technology that could be used, in search of the solution that would be the best fit for his company.
Armor Safe Technologies and another safe manufacturer were selected from among all of the companies in our industry to move forward with a pilot. Upon the completion of the pilot, Armor Safe Technologies was awarded the opportunity to be the primary safe supplier to Wendy's International. Armor Safe Technologies is deploying its CacheSYSTEM 2400 in approximately 70 percent of Wendy's International's company-owned restaurants.
“As the Wendy’s operations team and I explored the existing technologies provided by armored car and safe companies, it became apparent that the solution we were looking for did not yet exist.
The existing technologies and programs fell short because they presented several opportunities for loss during each transaction: store to safe, safe to armored car, armored car to cash vault or bank, and bank to enterprise. These inefficiencies necessitated a new way of thinking about cash handling.
Armor Safe Technologies came up with an intriguing cash management platform, its bill validator safes, which are operated in partnership with the armored car service that, in turn, had a strong banking partner. This provided the platform on which to build a closed-loop cash handling model.”