Retail stores are a prime target for theft and retail businesses face massive problems with shrinkage eating away at profits. The loss stems from internal fraud (up to 80% of total shrinkage), vendor related shrinkage, and shoplifting. It is estimated that shrinkage costs US retailers an estimated 1.4% to 1.7% of sales, a net loss of over $30 billion per year. Advances in the quality and sophistication of video surveillance now provides management with actionable information for liability claims, personnel behavior issues and marketing trends.
CompleteView video security software from Salient Systems provides:
TransactionTracker from Salient Systems provides a powerful loss prevention solution by integrating CompleteView™, Salient's Video Management System, with point of sale systems. TransactionTracker delivers clear insights and actionable detail for a sophisticated loss prevention strategy. Exception list alerts, quick investigations with associated video, incident reporting and remote access puts the power of loss prevention security in the hands of loss prevention professionals.
TransactionTracker is a fully integrated video solution that can synchronize POS transactions, video data and exception-based reporting systems with accurate time stamps which enable auditors to quickly find what they need. This increased capability will capture shrinkage and fraud and acts as an enforcing preventive system for retail operations.