POS Security - Audit Your Employees & Transactions with Enterprise POS Security

In this video, you'll learn about POS Security - Audit Your Employees & Transactions with Enterprise POS Security. No one wants to believe that they have to worry about internal theft. Unfortunately, employee theft is a problem that affects every industry. Any company's profits, regardless of the number of employees they have or the type of business they conduct, can be greatly impacted by employees who skim money or products.
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Employee Theft by the Numbers
The latest data shows that businesses in the United States lose about $50 billion per year from employee theft. No industry is immune from this sad fact. In fact, retail and restaurant owners may be the most likely to find their profits suffering.

Other facts about employee theft:
21% of employee theft is non-cash.
75% of employees admit to having stolen from an employer at least once.
33% of all business bankruptcies in the U.S. are related to employee theft.

Tracking Inventory Data
The most important fact is that it is very likely you have employees who are stealing from you. Fortunately, Bepoz has an easy solution that lets you track all employees and products.
Non-cash employee theft is managed with an inventory solution. Your products have UPC codes or other tracking numbers that are scanned or keyed in at the point of sale. Automatic inventory reductions take place, which allows you to compare what products you have in stock with the accurate number of product sales. Thanks to real-time updates, you can keep a close watch on the employee shifts in which products have disappeared.

Discount Theft
One of the most common types of employee theft is product discounts and markdown. Employees may offer special, unapproved discounts on merchandise that is purchased by themselves or by friends.

With most point of sale systems, the only way to handle discounts is by adding a button that employees can use at their discretion to give discounts to customers. Our point-of-sale software solutions are not simply register and inventory tools. Our product offers many ways to control discounts without buttons, such as scheduled promotions, promotions that are tied to customer accounts and smart coupons that can remove or reduce options for employees to give discounts to customers. Also, if a discount button is required, every discount button has a permission level so that you can decide which employees have permission to give that discount.

Reporting Audit Trails on Product Sales
In addition to all protections listed above, Bepoz has a data tracking system that logs every transaction and every keystroke an employee enters. You can see exactly which discounts employees have given and when items were marked down.

Alerting You to Fraud
Bepoz can alert you to fraud through text messages, emails or in-program alerts when certain actions occur at the point of sale. You can be notified any time a product discount is given or a refund over a certain amount takes place. If you suspect a specific employee of committing theft, you can set alerts to actions specific to that employee.

Contact Bepoz today to learn what we can do to help you curb employee theft. We are waiting to hear from you!


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