Wednesday, June 8, 2011

How to detect fraud with POS

To increase the effectiveness of controls and often inbuilt hospitality POS systems in the latest report of difference, you can attach many potential gaps. While it is impossible to completely protect your restaurant or pub or bar from theft, there are a number of precautions you can take to minimize the chances of it happening.

Like most places by using technology and procedural elements as a tool to discourage crime. Fake transactions or collusion between staff and customers usually top the list of preventive measures. Come on misuse of recoveries and staff discounts and issues with goods supplied a close second. When employees know accounted for each stock, can reduce shrink drastically. If everyone knows that the company had a finger on the pulse, can be negligible losses.

Features a wide range of POS can help revolutionize the control:

Unique selling points logins

Wristbands POS included with a unique identifier can automate these constraints and help make the whole place perfectly accountable accountable. Managers can know who is selling what, where and how. To turn off the elements that are passed through the lower price to some friends, authorize only trusted personnel cuts. To reduce fraud ' sell no, limited access to the cash drawer to those with only security privileges. Units of time and attendance record this unique logins, ensure everyone actually work when they claim. Back office allows POS software editing and verification and reporting of all times-ins hours and hours of study and work.

Reporting difference

Reports strong selling points allows you to quickly and easily start to look at the bigger picture. Compare best worst days and days to see where differences. To identify trends, it makes it easy to identify anomalies and trends in numbers daily. Minimum and maximum thresholds automatically differences can arise. Search functions leave the spot spaces, operators and refunds details of transactions based on time of day or employee or other criteria.

Cost of refunds and price changes

Audit flag tracks price changes do change, and the number of times. Additionally, consider the average number of recoveries and rationale could also help to control the missing funds.

Get serious about securities

If not handled all orders-to-end POS system, it's easy to see if the discount supplier and have declined. Matching shipments and orders to supply prices quoted pricing helps reduce inventory shrinkage and inconsistencies.

PDT with pre loaded barcodes can quickly takes inventory management and accuracy. Once you are connected to POS, and comparable inventory scanned to those listed in points of sale. Once a product sold through POS Inventory give numbers depleted off the start and end times. Reports indicate between these figures, and if there is a problem of theft of some kind.

POS linked CCTV

Link CCTV POS system can help spot as stolen. Crisp for customers and employees look the same, whether fraudulent or honest individuals. This combination of data after pictures married up, sales transactions providing compelling evidence when there are differences. Use the powerful search functionality of spaces, live sales and other transactions, or you can view past incident tracking shots. Monitor all can be done remotely eliminates the need for covert operations.

Linking point-of-sale control LLC

Likewise track hard wired drinks management systems linked to POS every ounce of wine poured. Once the poured drink even recognizes that managers were poured watch what poured but sold. You can attach square meters the flow of bulk atanas weborirs beer and spirits. Every time someone pours a drink she tracks how many had been cast against actual sales. POS reporting can access a real-time difference occurred.

Hospitality operators face enormous challenges in achieving the necessary to ensure profitability margins. Using host reports usually come in standard time with POS, identify differences and possible gaps, becomes easier. Linking other innovative technologies such as CCTV or surveillance of alcohol, usually quickly pay for themselves from such systems where deflation.

Victron Philippa Smith systems, Marketing Manager

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