Skip to the content

Procurement Market Intelligence Report

Cash Vault Services Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Cash Vault Services?

What is the average price of Cash Vault Services?

This procurement report includes pricing information to help you purchase Cash Vault Services. Our analysts provide a benchmark price and a price range based on key pricing factors to help you understand what you should be paying for this specific product or service. To see the average price for this and hundreds of other products and services, subscribe to ProcurementIQ.

Has the price of Cash Vault Services been rising or falling?

Analysts look at market data from the previous three years to determine an overall price trend. You can use the recent price trends to help you understand price volatility and plan your budget.

I’m not ready to purchase Cash Vault Services yet. Will I pay more if I wait too long?

We forecast the next three years of price movements by looking at factors likely to affect the market's supply chain, such as inputs, demand and competition. You can then use the price forecast to figure out the best time to purchase.

What other costs are associated with purchasing Cash Vault Services?

Our analysts calculate the total cost of ownership and assign a level of low, moderate or high, depending on things like customization, integration and installation. Use this information to budget for Cash Vault Services with a reduced risk of unexpected costs.

See how we display average pricing information, trends and market data.

Find the vendor to meet your needs

Where can I purchase Cash Vault Services?

Among the estimated 6,000 providers of cash vault services, the top four players account for less than 30.0% of total revenue across the market, indicating a low level of concentration. The majority of operators are regional banks that service local clients in order to ensure quick, efficient exchanges of cash.... Subscribe to learn more.

Questions to ask potential suppliers

How can I gain leverage during negotiations?

Fraud

Has your company been involved in any fraud litigation? If so, please describe the nature of the litigation.

What steps does your company take to prevent fraud?

To what extent does your company limit which employees can handle cash?

What processes do you have in place to deal with fraud complaints?

Customer Service

Will there be a dedicated support contact?

How quickly do you respond to customer service requests?

Is technical support separate from general customer support?

Do you offer online support?

Organization of Currency

Do you allow the depositing of unstrapped cash and unrolled coins?

What premium do you charge for the depositing of unstrapped cash and unrolled coins?

Do you also process checks?

Do you allow the deposit or withdrawal of any foreign currencies?

“Sending out RFPs used to be a nightmare”

Let’s chat about how procurement market intelligence can reduce 
the time you spend issuing RFPs.

Key elements for every RFP

What should my Cash Vault Services RFP include?

Project Budget

Buyers should include the budget for the contract, if relevant.

Vendors should include a pricing schedule outlining their various fees.

Selection Criteria

Buyers should evaluate vendors on the qualifications of the vendor and staff.

Buyers should evaluate vendors' ability to meet the scope of the work.

Buyers should evaluate vendors based on their projected costs.

Buyers should evaluate references from vendors' previous clients.

For other selection criteria requirements, buyers should reference the Buying-Decision Scorecard section of this report.

Project Schedule

Buyers should include the date when proposals are due and any other relevant dates (e.g. presentations or final interviews) prior to the contract award.

Buyers should include the date when the contract begins and ends.

Evaluate major factors to mitigate risk

How risky is the Cash Vault Services supply chain?

The supply chain risk for cash vault services is low. Providers of cash vault services source inputs from many upstream suppliers, including vault manufacturers, database, storage and backup software publishers, security service providers and commercial leasing firms. The markets for these inputs exhibit a widespread distribution and strong competition, which... Subscribe to learn more.

HIGH

MEDIUM

LOW