How To Spot Fraud With Top POS Systems
By leveraging the controls and variance reports often inbuilt into the newest Hospitality Top POS Systems, many potential loopholes are often plugged. While it’s impossible to completely protect your restaurant, bar or pub from theft, there are variety of precautions that you simply can fancy reduce the probabilities of it happening.
Most venues like better to use technology and procedural controls as a tool for discouraging crime. Bogus transactions or collusion between staff and customers are usually top of the list for preventative action. Misuse of refunds, staff discounts and issues with supplied goods come an in depth second. When staff are aware that each item of stock is accounted for, shrinkage are often reduced dramatically. If everyone knows the corporate has their finger on the heart beat , losses are often negligible.
A wide range of POS features can help revolutionize control:
Unique Top POS Systems Logins
POS wristbands embedded with a singular Clerk ID can automate such restrictions and help make the entire venue completely accountable. Managers can know who is selling what, where and for a way much. to prevent items being skilled at a lower cost to friends, only certain trusted staff are authorized to perform discounts. For reducing ‘no sale’ frauds, access to the cash drawer is restricted to those with security privileges only. Time and attendance modules record these unique logins, ensuring everyone is really at work once they claim to be. Back office POS software allows editing, verifying, and reporting on all clock-ins and clock-outs and work times.
Powerful Top POS Systems reports allow you to can quickly and simply start to seem at the larger picture. Comparing best days to worst days and seeing where differences originate. By spotting trends it makes it easy to spot anomalies in daily figures and trends. Minimum and maximum thresholds can automatically present variances. Search functions let operators spot voids, refunds and other detailed transactions supported time of day, staffer or other criteria.
The cost of Refunds and Price Changes
Audit trails flag up price changes, who did the change, and the way often it had been done. Additionally, watching the typical number of refunds and therefore the rationale also can be helpful in controlling monies lost.
Getting Serious about Stock
if all purchase orders are processed end to finish via the Top POS Systems, it is easy to ascertain if a supplier’s discount has dropped off. Matching deliveries to orders and provide prices to quoted pricing helps hamper on stock inconsistencies and shrinkage.
PDT’s with pre loaded bar-codes can manage stock takes quickly and accurately. Once linked to the POS, scanned inventories are often compared to those listed within the POS software. Once a product is sold via the Top POS Systems it depletes off the inventory to offer starting and end figures. Reports show whats in between these figures and if a theft problem of some sort exists.
POS Linked CCTV
Linking CCTV to the POS system can help spot theft because it happens. Straightforward footage of consumers and staff looks an equivalent , whether the individuals are fraudulent or honest. Once the pictures are married up with Top POS Systems transactions, this data combination provides irrefutable evidence when variances exist. Using powerful search functions for voids, no sale transactions etc, live or past footage are often viewed to trace incidents. All monitoring are often administered remotely negating the necessity for covert operations.
POS Linked Liquor Control