Employee Theft at the POS: What Are You Missing? - 0 views
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According to the National Restaurant Association, the employee turnover rate in the restaurant sector was 72.9% in 2016, significantly higher than the average turnover rate for private sector workers of just over 46%
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many different kinds of employee theft – stealing food, abusing discounts, or giving extras to friends and family
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integrating your video surveillance with your POS data, and using the right kind of intelligent software application
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when it comes to employee theft, rapid detection is a business’s best defense against damaging losses
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intelligent software solution with integrated video/POS data can alert you to suspicious transactions on the day they occur
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Intelligent software can also be configured to look at the total number of voids and refunds each day, and each week, at each location
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Integrated video/POS data can alert you to this type of activity because it records every discount, including which employee was at the POS, and what type of discount they entered.
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This article addresses a very sensible accounting tool that can be used to eliminate theft of all types. Integrating video with POS systems is an effective way to see if discounts are being abused, if voids re unnecessarily being done and also to serve as a check and balance on food inventory levels.