Point of Sale Exception Reporting to Minimize Shrink
Combine video, alarm and access control systems with advanced analytics from Point of Sale (POS) exception reporting to identify instances of internal theft in the form of voided transactions, coupon frauds, sweethearting, unauthorized price overrides or refund scams. Go beyond loss prevention to gain valuable business insights on cashier productivity, cash movement, and store performance.
Point of Sale Exception Reporting to Minimize Shrink
Combine video, alarm and access control systems with advanced analytics from Point of Sale (POS) exception reporting to identify instances of internal theft in the form of voided transactions, coupon frauds, sweethearting, unauthorized price overrides or refund scams. Go beyond loss prevention to gain valuable business insights on cashier productivity, cash movement, and store performance.
Integrated Managed Services for POS Exception Reporting
Retailers, restaurant chains and hospitality brands can reduce internal shrink by up to 30% when they deploy Interface’s managed POS exception reporting services. The solution comprises a powerful data analytics engine that can combine transaction logs from POS with data from video management software (VMS), intrusion and alarm management systems to generate real-time alerts and a suite of customized and out-of-the-box reports.
Weighted KPI Reports
Leverage weighted KPI exception reports to flag suspicious transactions from millions of daily transactions across thousands of employees. Review flagged transactions with video recordings of the event to identify offenders.
Self-Checkout Fraud
Interface’s managed services teams can quickly identify instances of customer theft at self-checkout counters by combining receipt data with video recordings. Identify and prevent false product code selections, skipped scans, barcode switching and other discrepancies linked to self checkout counters.
Streamline Investigations
Easily manage disposition of cases and allow investigations to be reviewed and escalated to law enforcement. By optimizing time spent on investigations, and organizing all the video assets associated with the case, loss prevention teams can get more done with limited manpower.
Customer Testimonials
PANDA EXPRESS
“Panda Express is saving over $100K per year in false alarm fees and thousands of dollars per month per store in reduced shrink at the POS.”
Lyle Forcum,
Exec Director of Asset Protection at Panda Restaurant
PANDA EXPRESS
“Panda Express is saving over $100K per year in false alarm fees and thousands of dollars per month per store in reduced shrink at the POS.”
|
Lyle Forcum, Exec Director of Asset Protection at Panda Restaurant |
Go Beyond Loss Prevention with Enhanced Exception Reporting
With data integration with access control systems, backed by transaction logs and video recordings, Interface can uncover business insights that go beyond loss prevention.
Frequently Asked Questions
Yes, Interface has a proven track record of integrating customers’ existing POS and video platforms with our industry leading exception based reporting solutions. We recently deployed POS exception reporting to all 2000 Panda restaurants without a single technician visit. Our experts can assess your current POS system and security infrastructure and present customized options.
It depends. Some of our solutions are ready “out of the box” while others require some development work to integrate with a customers’ existing platforms. A brief assessment by our experts will culminate in a clear implementation timeline.
Interface will manage any and all backend integrations. At times, we leverage certain technology partners to assist in the process. This is all transparent to the customer.