Use your Security System to Save Money: Part 1

How can you use your security system to save money?

  1. Reduce your insurance deductible

  2. Reduce inside theft

  3. Reduce shoplifting

  4. Alerts from suspicious night activity

  5. Reduce impact of flooding and fires

  6. Become energy efficient

  7. Stop time theft

  8. Stop paying for re-keying locks

Everyone knows the standard security system. It covers the doors, the windows you have a keypad to punch a single code that every company employee knows… And that’s it.

Nothing special right?

Compare this to a higher technology system with the bells and whistles and you to ask yourself:

“Why all the extras? Where is the value? How can I utilize these features?”

If all you are using Security for is… well… security, then you are missing an opportunity for compounding systems efficiency.

Why have required business equipment with only one function, when it can double as 2 or 3 integrated systems?

Today I am going to show you 4 different ways your security system can be configured to give additional savings benefits.

Energy Efficiency

You walk into work in the morning, and its icy fresh. “The guys left the A/C on overnight again!” perhaps, or “The heat is blowing and the windows are open?” These are common occurrences all over the globe. Instead of being disappointed at staff for forgetting, again, how about configuring your security system with a Smart thermostat.

On average our clients save 20% or more on their energy use every single month

Create a Heating/Cooling schedule for overnight, set a rule that if a window is open then heating or cooling won’t run, set proactive alerts for temperature variances in sensitive areas, and more. Each one of these small but powerful changes multiplies over the months into substantial savings.

Lost & Forgotten Keys

Common Scenarios:

You get a call at 7AM, “Hey boss, I am sorry I forgot my keys at home, are you going to be here sometime in the next hour, else I will go home and get them?” You sigh, hustle, and show up early to let your guy in after him waiting outside for 30 minutes.

One of your Staff calls you “Hey boss, I apologize but I seem to have misplaced my keys, I had it on a separate key ring and the house got cleaned and I don’t know where it is.” You sigh, give him the spare key and tell him to go get another one cut this morning.

 Your staff has a conflict, one storms off in temper and never comes back, a few months later you come into work in the morning and find out there was a break-in with an unforced door. You are forced spend your time and money to rekey, recut, and re-issue keys to all your staff.

Compare the above common scenarios to below

Its 7AM again. “Hey Boss I forgot my door code.“You go on your phone, unlock the door remotely and your staff starts work on time.

A staff shows up in your office “I’m sorry boss I forgot my code for the inside office door.” You go into the settings, and inform him his code was 071988. “Right! My daughter’s birthday, thanks! I will not forget it this time,” and he continues work with no downtime.

Your staff has a conflict, one storms off in a temper and never comes back. After a week you wipe his individual code off the system. 3 months later you wake up to a dozen notifications informing you at 2AM someone tried to use a “bad code” to enter the building but was not successful.

Each change in the above scenarios increase worker efficiency and reduce risk from contingencies.

Fire or Flood Disaster

Of all the unforeseen disasters that can have an effect on a company, fires or floods can be the most damaging. Not only do they cause damage to buildings, equipment, and inventory, but the hidden costs of disruption of business service rapidly expand as months go by in recovery mode.

Mitigate fire risk with the judicious installation of temperature sensors close to hazardous locations and interconnected smoke and heat detectors to counter Wall fires and overarching alerts.

Respond instantly to water breaks and other flood risks by the addition of water detectors in at risk areas (staff rooms, washrooms, hot water heaters), Constant water flow detection to catch small pressure leaks behind walls, or avert all potential crisis by turning off all water supply during non-work hours.

Being proactive and never having cause to use them vs being reactive and putting in after the fact, which one causes more stress?

Reduce Company Insurance Premiums

How much did your insurance company bump your premiums last year? You probably had no choice in the matter when they stated “The world is at a higher risk status.” Did it go up 10%? 110%?

Comprehensive security procedures can help reduce these premiums. Any of the following can added to create larger discounts for each additional point

  • Location Security (alarm and cameras)

  • Active location surveillance (Virtual Guard, Suspicious Activity alerts)

  • Fire systems

  • Flood mitigation systems

  • Cyber-security

  • Workplace safety Procedures

  • Workplace Training Procedures

Each one of the above will combine into lower insurance premiums, with the maximum discounts for checking all the boxes.  Your company risk is evaluated to determine premiums and underwriters will happily lower premiums when you can document the above risk reduction procedures are in effect.

Insurance carriers want to insure responsible customers.

If your company already has all the above in place and configured, I salute you for being so proactive, and if any of the above tips are something you believe you can benefit from in your business, why not give a call today to setup a discovery meeting.

You can also read Part Two here, for more Company savings using your security!

 

 

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