Case Study: The Falcons Group reduces cash shortages with Loomis SafePoint and Cash Exchange

The Falcons Group reduces cash shortages by 35% with Loomis

The Falcons Group, a restaurant operator, faced challenges with cash management including labor-intensive bank trips and lack of visibility into cash activity across its locations. They partnered with vendor Loomis to implement its SafePoint service and Cash Exchange solution, utilizing Titan smart safes.

Loomis's solution eliminated the need for bank trips, which increased store and employee productivity. The implementation provided greater visibility into each restaurant's cash activity. As a result, The Falcons Group achieved a 35 percent reduction in monthly cash shortages and estimated labor savings of $260,000. Loomis's technology helped the team quickly identify and correct cash discrepancies.

The Falcons Group