High Volume Bars and Nightclubs Loss Prevention

The fast-paced, weekend-oriented schedule of bars and nightclubs means that owners often don’t have the ability to observe and analyze transactions in real-time. This inability to make informed business decisions can lead to considerable losses from employee theft and unauthorized discounts, which can be hard to differentiate from normal operations when reviewed with digital video surveillance at a later date.

EConnect is the first company in the security industry to synchronize customized point-of-sale (POS) or point-of-use terminal data with digital video surveillance to create a proactive loss prevention and fraud deterrence tool. During periods of peak profitability, when bartenders are often given great responsibility and access to cash drawers, EConnect easily allows owners and managers to observe and analyze business operations from anywhere in the world in real-time. This software can interface with a variety of platforms and turns video surveillance into a truly effective tool for compliance, control, loss prevention, and investigative matters.

The POS>Connect system even allows users to customize triggers determined by the operator’s needs in order to identify and track fraudulent activities, such as manager overrides, line item voids, discounts, coupons, tips over a certain amount or checks under a certain amount. These triggers are part of the reason that EConnect’s customers have reported significant return on investment (ROI), with revenue increases over 10% and significant reductions in human resource costs, cost of product, employee wrongdoing, and the cost of maintaining and operating legacy systems. EConnect leverages technical, development, and support resources to provide clients with tools that lead to better business decisions regarding loss prevention, investigative matters and the most efficient and effective way to maximize employee labor.

EConnect’s personalized analytic tools help high-volume bars and restaurants integrate and better utilize existing point-of-sale and digital video systems. But EConnect goes beyond this integration to provide real-time visibility into customer transactions and true business intelligence to clients, who can then easily adapt to shifting labor needs to the changing requirements throughout bars or nightclubs. When separated from the data of day-to-day operations, this specialized data analysis gives users a unique opportunity to efficiently and effectively interpret and analyze important information. Customers don't have to dig through mountains of receipts and hours of video: EConnect's secure, web-based application produces easily understandable data that allows managers or executives to analyze each bartender's activities down to the transaction level, making sure cashiers are handling customers properly and efficiently.