Shrink is up. Fraud is up. All the solutions you have in place help you, but they don’t allow you to respond fast enough. Organized retail crime (ORC) gangs use the return counter like an ATM.
Employees are sweethearting total strangers in the hopes of garnering a few more approval points on customer surveys. Meanwhile, new risk areas are being introduced through new procedures and updated floor plans.
How are you and your retail loss prevention team going to drive down retail shrink and fraud without alienating good consumers?
You could accomplish much more with the right solutions in place. Imagine having a system that predicts and prevents most forms of consumer fraud completely hands-free—frauds that other loss prevention solutions miss. At the same time, the solution improves service to good customers.
Imagine using an exception-based reporting (EBR) and case management solution that made your investigations easier with features like a natural language query writer; an organized, closed loop analytics system; and single sign-on from any desktop or mobile device to access full versions of the solution. Imagine a customer support team that understands your company and is eager to help you.
Retail shrink rose to 1.6% in the US, according to the National Retail Federation’s 2023 NRSS report.
Appriss Retail uses advanced analytics and artificial intelligence to help you and your asset protection and loss prevention teams reduce total retail loss whether they result from consumer fraud, employee dishonesty, or procedural errors. The solutions can be implemented more quickly than similar solutions and begin delivering results immediately. Every day of delay drains revenue from your bottom line.
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.
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.
Appriss Retail solutions deliver immediate and measurable results. We use data analytics not available through any other source (including your in-house analysts).
We have a team of statisticians with MS and PhD degrees, a statistical criminologist, and a Certified Fraud Examiner on staff. They are dedicated to monitoring the billions of transactions we receive to from retailers around the world to create models that keep retail fraud in check without harming good customers.
The solutions are delivered in a SaaS environment and are easy to implement, so your success does not need to be delayed by a busy IT schedule. The solutions also do not create hurdles for store operations; in fact, they support smoother, more profitable processes.