Retail Resources

Employee Theft

Apr 03, 2012 — Ryan Donald
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Employee theft is a growing concern across all retail industries, in terms of both time and attendance fraud (buddy punching), as well as inventory shrink.

According to the 2010 NRF Security Survey, the leading factor contributing to retail shrinkage was employee theft, accounting for 43.7% of retail losses, and a total loss of $16.2 billion dollars. For retailers to ensure they are protected against theft, they need a way to hold their employees accountable.

Exclusively compatible with DigitalPersona U.are.U devices, RQ4 Biometric Authentication is the only way to ensure that passwords aren’t being shared among their employees, or worse yet, stolen.

Support for the U.are.U 4500 stand-alone fingerprint reader and U.are.U 4500 Keyboard with integrated fingerprint reader is tightly integrated into your RQ4 application and is easily implemented into your business to seamlessly provide users with a reliable means of holding employees accountable. Fingerprint biometrics gives you the peace of mind of knowing your business is protected against employee fraud and theft.

Digital Persona Fingerprints can be setup in RQ4 in 3 easy steps:

  1. Download drivers from the iQmetrix Support Site.
  2. Plug in the USB U.are.U Device.
  3. Enroll employee fingerprints in RQ4.

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After instituting Biometric Authentication in their stores, Brennan Salassi, IT Manager for Prime Communications said, “The combined DigitalPersona and iQmetrix solution enables us to drive down our labor costs by reducing buddy punching. The U.are.U solution has proven very rugged and reliable. The devices are quick to recognize fingerprint scans."

Topics: Biometric Security

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