"The registers are already there. The cameras are already there. When you’re doing investigations it’s a natural progression to take these two pieces of equipment and put them together with a system like Envysion. As an investigator, I have a higher close rate with Envision sites."
Business owners today have greater access to more different types of data than ever before. But it’s often the most obvious, insight-rich information that can get overlooked. POS data is a perfect example. Of course, POS data is invaluable when it comes to managing inventory and maintaining effective accounting practices, but did you know that it’s also one of your most powerful tools in the battle against internal theft and fraud?
More and more businesses today are starting to understand the true value of marrying this transactional data with video footage of the transactions themselves. By having these multiple points of reference, you can get the true story behind the numbers and, in worst case scenarios where theft is occurring, you’ll have the indisputable evidence that only video and POS data combined can provide.
El Pollo Loco is one great example of a quick-serve restaurant (QSR) that is tapping into the power of Envysion technology to do exactly that. And while it’s the POS data combined with video that is such an effective loss prevention (LP) tool, its Envysion technology that seamlessly brings it together and delivers the relevant moment via email alerts using powerful exception reporting tools.
Monika Shah, Internal Audit Analyst and Restaurant Auditor for El Pollo Loco, said that Envysion’s ability to analyze that POS data and flag suspicious transactions is a key tool in her job. “Envysion’s exception reporting allows me to set up alerts for suspicious activity like a series of small transactions that occur throughout an employee’s shift. We can then go back, pull all of that footage and see exactly what’s happening with our own eyes.”
Of course, this innovative LP strategy isn’t limited to QSR establishments. Patrick Burns, Loss Prevent Manager at Cinemark Theaters, had this to say, “The registers are already there. The cameras are already there. When you’re doing investigations it’s a natural progression to take these two pieces of equipment and put them together with a system like Envysion. As an investigator, I have a higher close rate with Envision sites.”