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How to spot fraud with POS

Written By anfaku01 on Wednesday, June 15, 2011 | 4:00 AM

Using controls and reject messages often built into the latest hospitality POS systems can be connected, many potential loopholes. Although it is impossible to completely protect your restaurant, bar or pub from theft, there are a number of precautions you can take to reduce the chance of this happening.

Most sites prefer to use the technology and procedural controls in order to combat crime. Fictitious trades or collusion between staff and clients typically include the top of the list for preventive action. Abuse compensation, staff discounts and provided the goods are coming a close second. When employees know that each part of the stocks, shrinkage can be significantly reduced. If everyone knows that the company has its finger on the pulse, the loss may be negligible.

A wide range of POS functions can help revolutionize Office:

Unique logins POS

POS with a unique employee ID Bracelets can be automated, such restrictions and help make the whole place fully accountable. Managers can find out who sells where and for how long. To stop items at a lower cost, some friends, only trusted employees are allowed to perform discounts. To reduce "no sale" scam, for those who have only limited access security privileges. Time and attendance modules write these unique logins, ensure everyone is actually at work when they argue. Back office POS software allows editing, verification and reporting of all modules, hours and hours of work and time outs.

Variance reporting

Powerful reports POS allows you to quickly and easily start looking at the bigger picture. Comparison of the best days of the worst days and see where differences occur. By identifying trends it makes it easier to identify anomalies in the daily figures and trends. Minimum and maximum thresholds automatically can throw up the difference. Search functions allow operators a spot of emptiness, reparation and other details on the transaction, based on time of day, employee, or other criteria.

Cost recovery and price changes

Audit trails flag prior to changes in prices, which do change, and how often it was done. Besides looking at the average number of check-ins and validation can also be useful in the struggle lost money.

Getting serious about stock

If all orders are handled end-to-end POS system, it's easy to see if the discount supplier fell. Supply orders and shipments of prices quoted pricing allows you to cut down on stock irregularities and shrinkage.

PDT with preloaded barcode can manage stocks is quickly and accurately. Once connected with POS, proven reserves can be compared to those listed in POS software. Once the product is sold through POS, it drains from the inventory for the start and end. Reports indicate whats between these figures and if there is a problem of theft of a kind.

POS linked CCTV

Linking CCTV POS system can help spot identity theft, how it happens. Easy shots from customers and staff looks the same, whether fraudulent or honest. Once an image is married, this combination of POS transaction data provide irrefutable evidence, where there are differences. Using the powerful search function to void the transaction sales, etc., live or you can view recent footage to track incidents. All monitoring can be carried out remotely-negating the need for covert operations.

POS linked liquor control

Hard wired beverage management systems related to POS can likewise monitor liquor poured every ounce. After the drink is poured on recognizes that it is poured and managers can see what was poured but not sold. Flow meters, ETNs and wireless carbon monoxide can be attached to massive beer and spirits. Every time someone pours drinks they track how many sales have been poured to actual. POS reporting, you can go to look at the actual time of the rejection.

Hospitality operators face tremendous difficulties in implementing the necessary fields to ensure profitability. Using a variety of reports usually come standard with POS, identifying discrepancies and potential loopholes becomes easier. Linking further with innovative technologies, such as CCTV or control liquor, these systems can usually be quickly pay for itself in terms of reducing shrinkage.

Philip Smith, Marketing Manager, Vectron Systems

Vectron Systems offers a wide range of hospitality for all sizes and types of businesses. Supplier solutions also integrate management system Vectron liquor and CCTV with Their POS. list of customers can be seen on its website, and they have more than 1600 customers throughout Australia.

http://www.vectron.com.au/
e: sales@vectron.com.au
t 00: 34 61 3 9328


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