While most franchisees are honest and responsible business owners, it’s no wonder that some master franchisors tear their hair out when it comes to tracking and monitoring suspicious activity within their franchise network. From scenarios such as high levels of voiding to underreporting of sales, there are many ways a franchisee has tried to earn more by paying less to their master franchisor.
This is a problem that can be solved at Retail Defender. Their easy-to-integrate system was built to provide a comprehensive set of tools for Loss Prevention stakeholders to automate the identification of suspicious activity across a network of retail stores. Results are presented to managers in easy to understand dashboards with the ability to quickly drill into trends and transactions.
Watch the video below to see how one franchisee, Jarred, thought he had got away with squirrelling away some extra spending money for his holiday – one of the many scenarios the Retail Defender platform detects and allows you to act on immediately.
Visit the Retail Defender website to learn more today.