Staff theft is costing the UK retail industry £3.3 billion a year. To tackle this
growing problem many retailers have invested in EPOS transaction analysis software
to help identify suspicious behaviour such as ‘sweet hearting’ and ‘non-existent
refunds’. However, the problem is that without hard evidence, it is too costly to
investigate every single incident.
The solution is an EPOS-CCTV link which allows each suspicious transaction to be
displayed with its corresponding video side-by-side at the click of a mouse. This
makes it easy for the loss prevention team to discount the thousands of false alarms
which, after closer inspection, are not in fact fraudulent incidents taking place;
conversely, attention and resources can now focus in on the real culprits i.e. those
revealed to be committing a crime. By making it quick and easy to ‘mine’ the vast
amount of visual data held in the CCTV system, the final, visual proof that events
have actually occurred in a certain way can now be added to other forms of evidence
– including EPOS transactional data - to build a complete picture. Retailers can
now compile hard evidence, either to highlight guilty members of staff, or identify
individual criminals or gangs working in the area.
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