Key Control Saves Money, Here Are 10 Ways

Let’s face it, often we are led to believe that implementing a technology solution to improve physical security is going to be expensive. However, if we take a closer look, the opposite is actually true, as we can save money. For instance, by implementing key management system like KeyWatcher Touch, there are at least 10 ways an organization can save money.

  1. Security – Automatic tracking of key access provides management with information as to when keys were removed and by whom. This also helps prevent lost or overdue return of keys and eliminates expensive re-keying of facility doors, an unnecessary expense, given better management of keys.
  2. Productivity – Pre-authorised users can access keys quickly and easily, reducing time conventionally spent signing keys in and out. So, one saves time and the cost of time wasted unnecessarily.
  3. Personnel – There is no need for dedicated personnel to oversee manual logging of key access. The system can be remotely accessed, for key release, negating the need for on-site personnel.
  4. Insurance – Insurance rates may be decreased in multi-family residences when duplicate keys for the resident’s units are secured in an automated key control system.
  5. Safety – Asset lockers, which can be configured in a key control cabinet, can be used to secure laptops, tablets and other valuables against theft when not in use.
  6. Compliance – Vertical markets such as gaming have various forms of requirements regarding key access. Today’s key control systems can be easily programmed to meet these requirements.
  7. Integration – Systems can be more effective in preventing theft or mitigating risk when they are tied together. Open architecture of key control systems allows integration with access control, video surveillance, alarm systems and so on.
  8. Reports – Analysis of data generated by the key control system can provide valuable information as to key usage, trends, etc. which can then be acted upon to potentially reduce costs.
  9. Notifications – Automatic email and/or text alerts to management when keys are overdue can reduce risk vulnerability, again saving unnecessary expense.
  10. Upgrades – Software-driven technology can often be upgraded with new features and functionality, reducing or eliminating the need and cost to replace systems with new ones.