Tag: DIGIOP

How to Eliminate Sweethearting

When an employee gives unauthorized discounts or free items to a customer, that customer is usually someone they know – a friend, a family member,...

Return Fraud: Why You Need to Analyze Refunds

Your return policy clearly states that you offer cash refunds only if a customer has a receipt for their purchase. But that person standing at...

How to Catch Employees Stealing

Employee theft often escapes detection because business owners trust their employees and don’t monitor their actions. But approximately 75% of employees steal from their employer...

The Only Two Retail Loss Prevention Tips You’ll Ever Need

When you reduce theft in your business, you maximize profits. And while reducing theft is a common goal, protecting your business from theft is not...

Improving Customer Experience in Retail

Every year it is becoming increasingly more difficult to draw customers into your retail store. One of the key strategies to increasing sales is through...

Retail Loss Prevention Strategies that Work

Business managers are aware of the cost of shrinkage on a profit sheet. But they may not be familiar with the retail loss prevention strategies...

Retail Cost-Cutting Strategies You Can Use

If a retail business wants to improve profitability, they typically focus on the revenue side. But other retail cost-cutting strategies may create more meaningful results...

Business Intelligence in Data Mining

The arrival of big data has fueled business intelligence efforts. While business owners readily toss around buzzwords in this area, many seem to be confused...

Profit Loss: The Tip of the Iceberg

Profitability is the key to success for any business. When you consider 82% of all businesses fail due to poor or negative cash flow, profit loss...

Time is Money: How to Stop Time Theft

While there are many types of employee theft in the workplace, time fraud can be expensive for your business especially with 43% of workers admitting...

Substantial Tax Savings on Security Systems for 2019

Tax Code Alert As April 15th looms, taxes weigh heavy on your mind. But there’s a substantial tax savings you may qualify for if your...

Prevent Employee Theft with Cash Protocols

Establishing detailed and thorough cash protocols is key to keeping retail profits and preventing employee theft. Cash management may seem like a basic skill in...
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