RetailRetail businesses face massive problems with shrinkage, chiseling away at profits. The loss stems from internal fraud (up to 80% of total shrinkage), vendor related shrinkage, and shoplifting. Globally, the US and Japan are the countries worst affected, with the UK in third place. Shrinkage amounts to around 1.5% of retailers’ turnover - 43 percent of losses from customers, and theft by employees accounting for 35 percent. Combine POS data with videoCombining video with transaction data directly from the point-of-sale (POS) provides a strong tool for analyzing and catching fraud. XProtect Reatil lets you search and find any transaction - and instantly see a video recording of the transaction. This helps reduce fraud and gives you the tools to quickly and accurately solve incidents.
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