Working With Retail Theft Prevention Methods
Methods to avoid Retail Theft Prevention
In this day and age of digital business and advanced financial transactions, theft has never been more prominent. In 2015, it was reported that no less than $45 billion was stolen from businesses, and as imagined; this has been detrimental to more than a few industries around the world. Even with the advances in technology over the past few years, criminals are constantly finding loopholes in systems, and this allows them to steal businesses’ hard-earned cash on a daily basis. Retail theft prevention methods are the go-to techniques for businesses around the world, but what do they entail, and how can they benefit business owners?
Surveillance and CCTV Security Cameras
If there’s one thing that criminals want to avoid; it’s being caught in the act. Close circuit television cameras have been around for a while now in one form or another, and they are often the first port of call for small and large businesses alike. They can be installed within any location (barring private facilities), and they have helped to prosecute over 12 million retail offences to date. Although certain people prefer to conceal their cameras, studies have shown that clearly marking the presence of their surveillance equipment can deter criminal activities from taking place, as opposed to recording them while in process.
Data Analysis
Numbers don’t lie, and the ability to analyse data has never been more of an option for businesses than it is right now. Point of Sale retail fraud prevention software should be considered as an integrated solution, as it allows business owners to get to the crux of their finances – and therefore allowing them to identify financial elements that are unaccounted for. By cross-referencing this data with other integrated tools, it’s now possible to identify any signs of theft, track them, and then discover the culprit, so that any further risk can be minimised.
Reliable Employees
Whether a business operates in store, or online; the benefit of reliable employees is second to none. By taking the time to train employees, vet them efficiently and then demonstrate a no-tolerance theft policy; a business will soon find that it has separated the ‘men from the boys’. Data can be tracked and monitored, transactions can be supervised, and a better business functionality can be obtained – all by implementing a few technological techniques that govern employee actions, while promoting a secure working environment.
Stay up to Date
Technologies are being introduced on a monthly basis, and staying up to date with the latest security technologies can all but guarantee the success and security of a business. The most successful businesses employ the services of security companies, and these organisations are able to introduce the latest features and functions to a business; meaning that they can stay one step ahead when it comes to preventing retail theft. In fact, studies have shown that businesses with a consistent security presence are far less likely to fall victim to retail theft.
In this day and age of digital business and advanced financial transactions, theft has never been more prominent. In 2015, it was reported that no less than $45 billion was stolen from businesses, and as imagined; this has been detrimental to more than a few industries around the world. Even with the advances in technology over the past few years, criminals are constantly finding loopholes in systems, and this allows them to steal businesses’ hard-earned cash on a daily basis. Retail theft prevention methods are the go-to techniques for businesses around the world, but what do they entail, and how can they benefit business owners?
Surveillance and CCTV Security Cameras
If there’s one thing that criminals want to avoid; it’s being caught in the act. Close circuit television cameras have been around for a while now in one form or another, and they are often the first port of call for small and large businesses alike. They can be installed within any location (barring private facilities), and they have helped to prosecute over 12 million retail offences to date. Although certain people prefer to conceal their cameras, studies have shown that clearly marking the presence of their surveillance equipment can deter criminal activities from taking place, as opposed to recording them while in process.
Data Analysis
Numbers don’t lie, and the ability to analyse data has never been more of an option for businesses than it is right now. Point of Sale retail fraud prevention software should be considered as an integrated solution, as it allows business owners to get to the crux of their finances – and therefore allowing them to identify financial elements that are unaccounted for. By cross-referencing this data with other integrated tools, it’s now possible to identify any signs of theft, track them, and then discover the culprit, so that any further risk can be minimised.
Reliable Employees
Whether a business operates in store, or online; the benefit of reliable employees is second to none. By taking the time to train employees, vet them efficiently and then demonstrate a no-tolerance theft policy; a business will soon find that it has separated the ‘men from the boys’. Data can be tracked and monitored, transactions can be supervised, and a better business functionality can be obtained – all by implementing a few technological techniques that govern employee actions, while promoting a secure working environment.
Stay up to Date
Technologies are being introduced on a monthly basis, and staying up to date with the latest security technologies can all but guarantee the success and security of a business. The most successful businesses employ the services of security companies, and these organisations are able to introduce the latest features and functions to a business; meaning that they can stay one step ahead when it comes to preventing retail theft. In fact, studies have shown that businesses with a consistent security presence are far less likely to fall victim to retail theft.