The most obvious benefit from using the LP software is a marked increase in the effectiveness of the loss prevention personnel. This, in turn, leads to:

• Greatly increased recovery; shorter time and more dollars.
• Significant reduction in Shrink.
• More effective use of loss prevention resources.
• POS training issues detected early on.
• Successful recoveries will have a significant deterrent effect on further employee theft.

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Aspect Loss Prevention provides a reformat application tailored to the retailer’s specific transaction data formats. The major POS formats are supported, including:
Fujitsu, IBM, NCR, Siemens, Data General, Dell, and Nixdorf.

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• 40% of employees admit to stealing from their employers: FMI & NGA survey.
• .69% of annual sales are lost to cashier theft. (Approx. $7,000 / million): NGA survey.
• Only 3.5 – 3.6% of retail theft losses result in apprehension and recovery: Hayes Survey
• Employee theft is the predominant source of shrinkage, accounting for 42.7% of total losses: NRSS
• Employees who steal, steal 10 times more than the average shoplifter: Hayes Survey. 

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• No sales following a cash void.
• Price overrides.
• Under-ring of keyed items.
• Returns without a receipt.
• Employees ringing their own purchases.
• Employees ringing their own returns.
• Voids of own purchases.
• Voids of other employee’s purchases.
• Voids before opening or closing.
• Multiple refunds for the same transaction.
• Refunds rung at registers other than the service desk.
• Excessive line item voids.
• Manual entry of credit card numbers.

*This list is by no means complete. There are presently over 700 defined queries available.

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Yes, Adhoc queries can be run against any operational data stored in the system.

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Query results can be reviewed on a screen, printed, or exported to various file formats.

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