| Solutions for Retailers |
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THE NETMAP COMPETITIVE ADVANTAGE
- Remove opportunities for fraud
- Reduce shrinkage
- Increase your net profit
The sad truth about electronic fraud
No employer wants to suspect staff of theft or fraud. It’s
easier to focus on shoplifters than your own employees, especially
if you’re a small business. But the reality can’t
be ignored. The Australian Retailers Association estimates
that 50-60% of all shrinkage (stock loss) is due to employee
theft.
The battle against physical theft has been fought with increasing
success.
However, now there’s a new battlefront. New Point of
sale technologies at the shop counter (eftpos, credit cards
etc.) brings increased opportunities for electronic fraud,
ranging from discount abuse to manipulation of commissions.
Studies show it’s often the longest serving employees
who are more likely to offend. They know the system, they
know how to manipulate it, and they believe they won't get
caught!
Small and large retailers are losing millions per annum to employee theft. In results published from the US National Retail Security Survey, internal theft now costs U.S. retailers $14.9 billion annually.
You’ve fought the battle against physical theft, now
it’s time to confront the invisible enemy – electronic
fraud.
Reveal the hidden truth beneath your data
NetMap’s internationally proven technology reveals
the vital, hidden clues within multiple transactions and it
does it fast. Millions of items of data can be simultaneously
analysed to pinpoint a suspicious activity. You’ll know
when it happened, how, who did it, what stock, which customer
and which register. Custom-developed for the retail industry,
NetMap’s tailored solution is the fastest, smartest,
most effective weapon at your disposal.
KEY BENEFITS TO RETAILERS
1. Forget Big Brother
Tools like video systems and cameras create privacy problems
and an uncomfortable environment. Not surprisingly, employees
find them intrusive. NetMap scrutinises transactions,
not your staff, so no one feels alienated – except of
course any guilty employees who are immediately and efficiently
identified.
2. Improved peace of mind
Forget spot checks and random samples. Forget having someone
physically sitting and watching video footage. NetMap
analysis provides coverage of all
your data for a fixed fee. You couldn’t
ask for a more comprehensive solution.
3. No technical expertise required!
You don’t need any special technical knowledge to benefit from NetMap. We take care of everything. You simply send us your transaction data on a regular basis (eg. monthly or quarterly) and our experts do all the rest. We then send you concise, easy-to-read results detailing any irregular or suspicious transactions. You then have the freedom to make your own choice about the most appropriate course of action, whether that’s prosecution, dismissal or counselling.
4. An all-inclusive solution you can implement
on the spot
As a NetMap client, you will receive all the information you need to reduce shrinkage and generate substantial savings that go straight to the bottom line.
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To find out more about NetMap Solutions for Retailers contact
us today.
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