Handling cash with confidence

March 2016 Products, Retail (Industry)

Many businesses are very concerned about handling security threats from the outside, while not focusing on an area where up to 7% of all annual revenue is lost in the US – employee theft. Point of Sales software has been the leading weapon in CCTV to battle this loss, but as with all technology it has had to keep pace with emerging technology.

In the past, merely overlaying POS data onto the video stream has been sufficient, but modern systems no longer overlay the text, but also make it available for text search as well as analysis. This helps in finding specific incidents; as well as enabling the client to pull statistics by stock, cashier or till number, greatly expanding functionality and thus value.

But it is also on the networking side that things are changing. Not only are IP cameras more prevalent than ever, large retail stores are starting to invest in IP-based POS technology, as this allows them to track stock directly via till sales. Spar and Pick-’n-Pay have already started phasing in their own IP based POS system, and Digi-IT has already been integrated and tested in the field with both. Not only is this a powerful tool for the end-user, the whole system is vastly simplified by only needing a port on the network for the POS to listen on. No serial connectors or converters are required, saving money on both installation time and equipment cost.



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