In 2018 retailers in Europe lost $43,737 billion, or 1.45% of their total retail sale. Moreover, 78% of this shrinkage was due to customer and employee theft.
Retailers lose billions of dollars every year because of shoplifting, employee theft, vendor fraud, administrative errors, vandalism, burglary and other crimes, most of which usually occur around Point-Of-Sale (POS) areas.
What makes QPOS Link so specific and useful is that it matches surveillance video of the area around POS with POS transaction data such as: receipt information, transaction IDs, item numbers, register numbers, employee numbers, location or amounts.
It allows you to detect suspicious transactions and possible fraud scenarios and reduce shrinkage by organising efficient monitoring of the POS area.
According to studies, installation of video surveillance leads to reduced crime rates of up to 70%. An efficient auditing system like QPOSLink is a strong deterrent for employees and customers. It is designed to reduce shrinkage and increase profit and productivity.
It assists in automatically tracking suspicious transactions such as: cancellations, returned items, stolen credit cards, discounted items or manual entries. QPOS Link allows store management to be present at multiple stores remotely any time from anywhere.
The solution delivers a quick return on investment, often in less than a year, thanks to improved in-store management of day-to-day operations.
Sweethearting is unauthorised giving-away of merchandise without charge to a “sweetheart” customer (e.g., friend, family, fellow employee) by the fake scan or ring-up of merchandise by the cashier. It can be easily detected and proven by linking POS transaction information and video footage.
Marketers invest a lot of money in in-store advertisement campaigns through the distribution of free product samples, gift items or discounts. Staff, intentionally keeping these benefits to themselves, destroy the whole purpose of the campaigns. A quick audit of these promotional product transactions with QPOS Link prevents this type of fraud.
QPOS Link allows for clarifying dubious transactions, such as voids, incorrect change, double scanning, returned items, etc.
The functions and features of Quadrox Ticket Player — the add-on to the QPOS Link
First Security’s Specialist Services Division, a business unit launched to deliver specific value-added services to its blue-chip customer base, has opted for sophisticated WebCCTV and Enterprise. Service applications from Quadrox to provide standards-based network video surveillance solutions to the market to augment the company’s core manned guarding capability.
Van Reeth is a chain of completely automated petrol stations spread throughout Belgium. As the number of petrol stations in the chain was growing, Van Reeth began looking for an effective management solution that would allow protecting petrol stations against vandalism and fraud, increasing chain productivity and improving petrol stations management.
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Zeeman Group operates almost 1100 Zeeman TextielSupers in the Netherlands, Germany, Belgium, and France. Its formula is characteristic of high-level uniformity and low prices. For the video surveillance, Zeeman wanted a single wireless camera that could be placed at trouble areas in the shops while other cameras needed to function over existing twisted-pair cables.
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Profitability in fast-food restaurants demands more than good food and sound marketing. It also requires avoiding seven deadly profitability problems: employee sloppiness, poor customer service, inadequate staffing during peak hours, slip-and-fall court suits, shrinkage, vandalism, and burglary. To protect profit margins for John Zirkel’s 50 Nevada restaurants, he uses Quadrox WebCCTV NVR video surveillance systems.
Quadrox announced a new software development kit (SDK) for receiving, displaying, and storing video data on digital networks. This kit will enable OEM partners to develop their own products quickly and easily.
