EConnect syncs point-of-sale data with security cameras to catch employee theft in retail and bars. The system flags suspicious transactions like no-sale rings, and bars lose about 10% of revenue to employee theft on average. Live analysts can investigate incidents in real time.
Questions this video answers
5% (average business)
About 10% (bars)
Chapters
Econnect. Strategically combining transactional data with corresponding surveillance video for gaming and retail operators worldwide. Our tools boost business efficiency, reduce, shrink, analyze transaction data, and increase profitability. As the leader in POS loss prevention, EConnect monitors millions of transactions per month for the world's largest business operators. Through our suite of advanced software applications, businesses are provided with tools to eradicate problems before they become catastrophes. This is all possible through Econnect's behavioral intelligence module, allowing businesses to quickly determine which employees process transactions differently from their peers in the same job role. In a competitive gaming industry, Casino Connect is a powerful defense against financial loss. Operators can monitor every minute detail of their floor operations. Integration with intelligent card shoes, ticket in, ticket out, slot systems, and player tracking defends casinos against losses from human error, anomalies, and collusion, all while integrating with existing surveillance systems.
Want the most out of your Econnect investment? Have your Econnect system monitored by our team of live analysts, providing expert services in data, video analysis, custom report generation, remote investigations, and suspect interviews. Econnect software has proven time and again to be effective against fraud.
These women allegedly. What they did was. Police are telling us that what they did was they were able to go inside and actually take money out of the cash registers here at the restaurant. They were trying to conceal this from their employer. The people who own these facilities here. However, they had installed a sophisticated computer system and also video system at the restaurant, and they were able to detect this alleged theft.
Econnect has offered the best fraud deterrent solutions for over a decade. Protect your business and increase profit with Econnect.
Few days ago, I had a company come in here called Econnect. It's a video system that taps into the cash register and it shows everything that every person does in this room. And when I looked at the tapes, I saw one of two things. I either saw them stealing, you know what, or I saw such a lack of accounting controls. Ridiculous that it's disrespectful. I don't steal. I don't really. I hope you're not talking about me right now. I'll talk about whoever the hell I want to talk about. And if you don't like it, just sit there and be quiet. We'll read.
I have never stolen anything. Watch this, Justin. He goes up to the cash register, rings up no sale, puts money in a drawer, counts out change, takes change out, gives it to the customers. And any money that they put in the drawer that they didn't ring winds up in their pocket. That's the way Bartenders steal. Now. This is the most blatant bartender theft I have ever seen. Your daughter, you can talk and talk and talk. I don't steal. I got it on video. Really? Watch. This drawer opens no sale money right in their pocket and walk away. Either you guys know exactly what you're doing and you're stealing, or you're so ignorant that you have no systems to protect his money, so there's no accountability. They ring no sale. They put tip money in, they take tip money out, they put bar money in, they take bar money out, they put the bar money on the tip table, the tip goes in the. This is unbelievable. If you don't know what the dollar should be, how the hell can you figure out if they're there? Let's say I sell you $20 worth of drinks. You give me $20, I go to the register, I get no sale. Put the 20 in the drawer. The drawer now owes me $20, doesn't it? Now there's money in a drawer that's unaccounted for. At the end of the night, they take that money out and put it in their pocket. That's why a no sale ring is.
Have you seen Econnect on bar rescue? It offers one of the most effective tools to proactively catch bartender theft. Have you thought of viewing data from your POS system and the video from your surveillance system at the same time? Econnect allows you to monitor bartender check rings and correlates it to the live surveillance camera. This is the same system that is being used to identify theft in bars on the Las Vegas Strip. Did you know the average business loses 5% of its revenue each year to employee theft? And bar theft is usually closer to losses of 10% on average. EConnect's innovative software syncs your POS data and your video surveillance together on one screen at the same time. This will allow you to increase profits, reduce employee theft, improve productivity, improve training, and view and verify all transactions. Econnect allows you to easily sort all the data from your POS system. You are able to quickly and easily run detailed reports, identify problem employees, track employee production, aggregate results, and it's easy to use. The data is associated to the video surveillance, which makes verifying each transaction quick and easy.
