Tidel’s roots were born in the convenience store industry, as we commenced our operations in 1978 as part of the Southland Corporation, now known as 7-Eleven, Inc. In that year, Tidel introduced the Timed Access Cash Controller, the industry’s first robbery deterrent product that dramatically reduced the frequency and magnitude of robberies in 7-Eleven stores, almost overnight.
Today, TACC systems are deployed in thousands of convenience store locations across the globe, as these organizations have quickly realized the value TACC systems provide in enabling enhanced security and convenience of their in-store cash funds.
Convenience stores face common challenges:
- Low net operating margins
- Inherent risk of robberies
- Risk of internal theft
- Strict policies governing the amount of cash in a register, or till, at any given time
- The need to secure their cash and their employees
Since the introduction of our TACC product line, the cash management needs of convenience stores have evolved. In order to reduce risk of robberies, stores require an automated solution that can immediately accept large bills, dispense tubes of change, and, in some cases, dispense bulk notes for events such as lottery ticket payouts. All such tasks need to be auditable, reportable, automated, and secure.
To address these requirements, Tidel evolved its product line in 2002 with the introduction of the Sentinel brand of cash management systems. This new product represented the next revolution in intelligent cash management, providing a host of features designed to provide users with real-time cash accountability. Since the introduction of the Sentinel, Tidel has introduced several cash management peripherals, providing unique functionality tailored to a wide spectrum of store environments and needs.
Throughout our history, we’ve helped hundreds of clients become more efficient, secure, and profitable in how they manage their cash. Some of our clients have agreed to discuss their success with Tidel publicly. Please click on any of the case studies to the right to read more about how these organizations have benefited from having Tidel systems in their business.
With the announcement of the Series 4 and 4e, Tidel continues to revolutionize the cash management industry, staying ahead of the technology curve for the convenience store industry. To gain a better understanding of a few Tidel solutions that have been deployed in the convenience store industry, please see the following: