(Irving, Texas, September 13, 2002) - The Bailey Company of Denver, Colorado,
recently announced an agreement with Brink's CompuSafe® Service, an electronic
cash handling service created to provide greater convenience and security for
cash-intensive retail operations. Under this agreement, Brink's is providing
CompuSafe Service to The Bailey Company's 38 Arby's locations in Denver.
"Brink's CompuSafe Service has helped us eliminate counting errors and lost
deposits," said Dave Moore, Operations Auditor at The Bailey Company. ?We
already had armored car service, but that didn't address our cash management
issues. Counting discrepancies and missing envelopes were causing finger
pointing among our managers. With CompuSafe Service, all the finger pointing is
gone. Now the money goes into the CompuSafe unit and Brink's handles it from
there.?
Brink's CompuSafe Service provides improved accuracy for cash transactions from
the time a customer pays to the time the money is deposited in the bank and
completely eliminates the manual counting and re-counting of cash on site at
restaurants.
When restaurant employees insert currency into the CompuSafe unit, it reads and
validates the bills, placing them in secure cassettes. Brink's collects the
sealed containers and transports them to a Brink's currency room where trained
tellers verify the deposits and combine deposits from all The Bailey Company's
participating locations. Brink then makes a single, combined deposit into The
Bailey Company's bank and provides deposit total and restaurant detail to The
Bailey Company's corporate headquarters.
"Because Brink's controls the entire process, we guarantee the client that the
amount of cash reported in the cassettes at pick up will be deposited to their
bank account," said Glenn Mason, vice president of Brink's CompuSafe Service.
"And, Brink's control of the entire process minimizes the potential of theft and
discrepancies."
Brink's CompuSafe Service is a solution that offers Brink's quality service
every step of the way, from the safes and armored transportation to the on-site
maintenance and nationwide electronic reporting. It was designed specifically
for cash-intensive retail operations such as restaurants, convenience stores,
and gasoline marketers.
"Having Brink's CompuSafe Service has reduced our cash shortages as well as our
bank charges," said Moore. "It also saves time since our managers no longer have
to count cash, and reconciliation is simpler, too."
The Bailey Company operates 65 Arby's® in Colorado, Idaho, Wyoming and Florida.
Arby's Restaurants offer freshly cooked, sliced, hot, tender roast beef
sandwiches, a variety of chicken sandwiches and signature menu items like Potato
Cakes, Curly Fries and Jamocha shakes. Arby's has added a new line of sandwiches
to their menu called Market Fresh, deli-style sandwiches served with fresh
toppings, unique sauces and roasted meats all on thick-cut, honey wheat bread.
Brink's, founded in 1859, is the largest provider of armored services in the
world with over 150 facilities in the United States and a global network that
spans over 50 countries. CompuSafe Service was introduced by Brink's in 1996.
Brink's, Incorporated is a wholly-owned subsidiary of The Pittston Company.
For more information on Brink's CompuSafe Service, please call 1-800-BRINKS-5 or
visit www.brinksinc.com/compusafeservice.