The Appriss Retail platform harnesses the power of artificial intelligence and machine learning to analyze mountains of transaction data in real time to find the anomalies that negatively affect profitability.
Exception-based reporting, behavior-based analytics, and retail specific models provide comprehensive visibility across store and online operations, allowing retailers to build a better workforce, enhance consumer relationships, plus reduce the impact of shrink, loss, and fraud on the bottom line.
Average reduction in returns overall
Increase in revenue after a return
Greater spend per subsequent visit
Average reduction in overhead costs
Reduction in SRAs & Shrink
cases resolved by secure
Reduction in shrink overall
less discount / promo abuse
Engage harnesses the power of data science and artificial intelligence to analyze your transaction data in real time and deliver behavior-based recommendations that minimize return rates, reduce fraud, recoup lost revenue, and promote consumer engagement at the point of return.
Build a better returns strategy with data-driven, integrated recommendations that prevent fraud and abuse at the point of return without requiring blanket policies that damage valuable customer relationships.
Take the uncertainty out of claims and appeasements interactions with real-time data analysis that links consumer transactions across all your selling channels.
Deliver intelligent incentives to consumers at the point of return and drive new revenue within hours of a return.
Secure provides a comprehensive view of your business that helps you prevent loss both in-store and online, enhance your inventory position, and streamline your business operations. Appriss Retail is best in class for sales reducing activity (SRA) management, shrink reduction, and profit improvement.
Identify associates in need of supportive training and provide the store or call center manager with the metrics and tools to track training sessions and results.
Improve workflows and streamline reporting to ensure visibility into the issues affecting your employees and customers, as well as your sales.
Centralize your data and make real-time reporting simple. Build an assortment of audits, surveys, and checklists and then target those forms to your employees.
Consolidate transactions and over/short data across all registers and provide an easy-to-view detailed analysis to help identify trends and discrepancies worth investigating.
Collect inventory movement data from your organization’s system of record and receive alerts of any anomalies to improve increase availability, reduce total loss, and enhance the customer experience.
The “4 Minutes to Build Your Loss Prevention Strategy” podcast explores AI and data-driven approaches for enhancing retail loss prevention. Join us as we discuss AI’s role in reducing retail shrinkage, addressing cash register discrepancies, the limitations of visual AI, and more. Our special guest, Nathan Smith, founder of SysRepublic and a retail strategy expert, shares valuable insights and together, we’ll uncover how AI optimizes operations and prevents risks.
Curious about the Appriss Retail Platform? From preventing losses from employee theft, to reducing return rates and recapturing revenue at the point of return, we can help drive greater profitability for your bottom line.