How to Prevent Theft with your Point of Sale System

Inspire

Blogs

Theft can represent a major breach of trust, and also cost businesses a lot of money. The good news is that there are ways of preventing theft from your point of sale (POS) system, and in this post, we take a look at some of them.

How to Prevent Theft with your Point of Sale System

Cash tracking implementation

Cash is a vulnerable asset which must be tracked effectively in order to prevent theft. You should set up your point of sale system to require a numerical amount or another action to be entered each time the cash till is opened. This can help you track exactly why it was opened, and the transaction which took place each time. Actions can include ‘void’ or ‘cash paid out’ – the important thing is that you are documenting each time the POS system is being used.

Clearance and checks

A tightly run retail team does not typically let everyone have access to the POS system for certain actions. This would allow the opportunity for sales to be voided out or products to be deleted. Giving too many people access can lead to problems down the road and increase the risk of theft. By only giving trusted managers access to your POS system for these kinds of actions, you are able to keep tighter controls over your cash.

Security set up

Your POS system can include a range of security levels which are applied to various personnel, depending on their seniority and the access which you wish to provide them with. Different floor managers, store managers, or waiters and waitresses can have their own individual settings, ensuring that you know exactly who can do what in the context of your POS system.

Employee pins

Pins or cards can be used by your employees as a way of signing into your POS system, and give you the opportunity to exert the security and clearance controls mentioned above. Not only will this keep unauthorised individuals out of your POS system, but it will also help you track all actions and transactions from specific employees, allowing you to look into any inconsistencies at any time. The aim of your employee pin system should be to ensure that everyone is accountable.

The advantages of MPOS

Today’s advanced mobile point of sale systems can help you close gaps at the transfer of responsibility. MPOS can make life harder for thieves thanks to the latest technology while making it easier for customers to pay. Take the ECR Go2 from ECR, for instance. It accepts all types of mobile wallet and card payment and is augmented by unrivalled performance and lightweight design.

The best of both worlds

By ensuring you have the best possible mobile POS systems, as well as implementing security best practices, you can reduce the risk of theft from your retail business, meaning you won’t be losing time or money due to your assets being compromised.

How An Effective MPoS System Can Improve Customer Satisfaction

The maxim that the customer is always right applies to retailers, restaurants, travel services and other businesses, even as their traditional customer landscape continues to change drastically. The customer, wherever they are, expects less fuss at the checkout, no waiting for the bill, and no queueing for the only ticket machine at the station.

5 Ways To Increase Retail Sales Using Mobile POS Technology

Mobile POS systems offer several key benefits to businesses who want to increase their sales and are particularly useful in the retail, leisure and hospitality, in-flight, restaurant and ticketing industries where the ability to move around to interact directly with the customer is a huge advantage.

Why New Luxury Leisure Providers Need to Prioritise Integrated EPOS Systems

The luxury leisure industry is growing fast, as consumers with stressful lives and healthy disposable incomes embrace the wellness trend. Whereas once, consumers would head overseas for a short break or spa weekend, busy career people are now opting to make full use of luxurious local leisure facilities offering high-end beauty treatments, spa services, fitness programmes, nutrition and more.

New blog: Vietnamese Visit

Why your customers need self scan ticketing right now!

With the advent of retail self-scan machines, and onboard smartcard readers for public transport, today’s customers and passengers are increasing being afforded the liberty they have demanded to manage their own purchasing and payment experience. And mobile ticketing and EPoS systems are no exception.

The Latest Trends In POS Technology That You Need To Know

As with all things rooted in technology, Point of Sale trends are continually changing and evolving as developments arise

Up Close And Personal

Take a look at our latest article, published in this month’s issue of Rail Professional as we look at how the rail industry can use business intelligence to drive customer service and growth

The Future Of Retail With Mobile Point Of Sale (POS)

The efficiency, interactivity, and flexibility provided by mobile point-of-sale systems are making them an essential part of today’s shopping experience.

How Airlines Can Drive Revenue Using Mobile Point Of Sale (POS)

In a time when “industry executives are in PR overdrive trying to clean up the backlash from a bunch of customer encounters gone wrong,” it’s wise to use tools that increase customer goodwill.

How to Make your Retirement Village Run More Effectively

The retirement village lifestyle has become increasingly popular and many villages offer the types of facilities and amenities that are generally only found in luxury hotels and country clubs. Effective management of any retirement village, or chain of villages, tends to require the use of tailored hardware and software solutions to make it easy for residents to live within a cashless society and manage their daily activities in an efficient fashion.

ECR Wins the Excellence in Technology Award at 18th Annual National Transport Awards

ECR Retail Systems is delighted to have received the Excellence in Technology award, for its ECR Go2 solution with National Express.

Rail Passengers Hit Record Numbers

It was reported recently by the FT that passenger numbers on Britain’s railways have increased sharply in the past six months. According to research by the Rail Delivery Group, the UK experienced the highest growth in demand across the continent compared to other European countries.