Making the exception

When you work in the loss prevention or asset protection department, a large part of your daily routine is to look for and to begin employee theft investigations. Often the cases you start to develop are what we commonly refer to as “low hanging fruit”.

These are the employee theft investigations that you really don’t have to search for. They tend to fall in your lap from either blatant stupidity on the part of an employee, or they show up on an obvious exception report.

For those who haven’t worked with an exception report before, let me just say that you are missing out. These reports are designed to eliminate a major amount of time researching transaction and journal tapes. It’s sort of the cliff notes version of transaction research.

Exception reports clarify employee theft investigations by giving not only specific information (like a dollar amount) but also time, date, and MO.

Exception reports can be anything from a no sale conducted after a cash transaction, to post voids. They can even incorporate statistical analysis based on the store’s norms.  For example, you can see cashiers who have a higher refund percentage in both transactions and dollar amounts.

By utilizing the work that the exception reports has already done for you, you can spend more of your time conducting live surveillance. You can also make sure that you have captured a higher percentage of fraudulent or loss incurring transactions than if you had to scour the paper trail on your own.

For more information on employee theft , employee theft investigation or internal contact us or call 1.770.426.0547 – Atlanta Georgia

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