Key Control on a Budget

Read More
All Posts

Key Control on a Budget

The start of the New Year marks the beginning of a new budget for many organizations while in others it signals the start of budget preparations for the upcoming fiscal year. In either case, the budget process involves revenue and expenditure forecasting and often a review of company-wide operational costs. For many organizations, both large and small, the ongoing costs of replacing lost keys and/or re-keying door locks is a glaring expense, in addition to safety and security issues – but one that can be easily remedied with a purpose-built key management system.

Key control systems help to eliminate the problem of lost or misplaced keys through automated management. Keys are stored in tamper-proof cabinets that can only be accessed by authorized users with pre-programmed PIN codes, access cards or biometrics. All access activity is automatically logged including time, date and identity of the individual accessing the cabinet. Additional information such as when a key is scheduled to be returned or the location of a stored key (i.e. which key cabinet in the system), is also available.

The use of physical keys is exceptionally cost effective and it therefore makes sense from a cost as well as a time standpoint to ensure facility keys are safeguarded and to additionally take advantage of the increased level of security they offer. The ability to store and track keys provides an immediate improvement to a facility’s safety and security and the systems are much more controllable in terms of managing costs – an important factor when preparing or reviewing budget costs.

Key management systems can also be integrated into the overall security system for additional savings and protection. Administrators can access, program and monitor the system over a network from anywhere. This convenience allows facility managers to access reports, change users, establish permission levels for each user code, monitor data or configure the systems from virtually any location.

With a key management system in place, operational expenses can be better controlled and budget planning can be made easier.

What's next? Now you have an idea of how building managers can leverage automated key systems as a part of their budgeting processes. Learn more about key control systems by filling out a quick contact form or using our key cabinet configurator tool.
Tim Purpura
Tim Purpura
VP Global Sales & Marketing

Related Posts

Key Control: The Missing Link in Government Facility Security

Government agencies of all sizes, from municipal, county, state and federal, depend on accountability and visibility. Whether maintaining a vehicle fleet or overseeing access to administrative buildings, oversight is essential to maintaining public trust and ensuring safety. Yet many government departments still rely on manual key sign-out sheets, spreadsheets, or paper logs to manage physical access. The result is slower operations, risk of human error, and a gap in safety and security. Key management systems bring automation and transparency to these processes. By replacing paper records with secure, digital tracking, agencies can monitor key usage in real time, strengthen state and local government security, and reduce the administrative burden that comes with managing access manually.

Key Control: The Overlooked Source of Business Intelligence

Every business leader knows the value of data. Sales reports, staffing metrics, and financial dashboards drive smarter decisions every day. But one overlooked source of intelligence is the everyday key. Who uses them, when, and for what purpose creates a digital trail of activity that - when administered through a key management system - provides powerful insights into security, efficiency, and risk reduction. Comprehensive electronic key management systems like Morse Watchmans’ KeyWatcher® Touch do more than secure keys. They transform everyday key transactions into business intelligence, helping leaders protect assets, streamline operations, and plan for the future.

Key Control Enhances Hospitality Security and Business Intelligence

Guest satisfaction and repeat business depends on seamless hospitality operations – and seamless operations are driven by secure, accountable access control. Key management may not seem glamorous, but it plays a pivotal role in guest safety, hospitality asset protection, staff coordination, and even long-term business strategy. Modern hotel key management and control solutions do more than track keys. They generate valuable operational insights and reinforce a Zero Trust approach to security, essential for properties navigating labor shortages, compliance requirements, and rising expectations from guests.