Short video segment (from Bar Rescue) in which Jon Taffer discusses and demonstrates eConnect, a system that synchronizes POS (cash register) data with surveillance video to detect bartender theft and weak accounting controls. The clip includes Taffer showing an example of a "no sale" cash-drawer manipulation and a promotional description of eConnect's features and claimed industry loss statistics.
Questions this video answers
5% of revenue per year.
Approximately 10% (closer to 10% on average).
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 to you.
I don't steal. I don't really.
I hope you're not talking about me. 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 or 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 a 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 its 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. Complete the form below and start increasing your revenue today.