Every restaurant experiences some level of loss – fraud, theft, waste, compliance issues, and inefficient processes that eat into margins and hurt profitability. Restaurant loss prevention strategies involve addressing these issues as they occur and taking steps to prevent them in the future.
For your restaurant, the line between profit and loss is razor-thin. Protect your hard-won profits using data analytics to automatically flag activities indicating preventable loss, all while improving margins, increasing sales, and ensuring a consistent customer experience.
Cutting-edge loss prevention teams are expanding their purview beyond traditional theft and fraud to tackle restaurant loss in all its forms. With Agilence, our clients can easily pinpoint concerns about preventable losses and quickly prescribe a solution.
Whether you run an established chain or an up-and-coming restaurant, ignoring preventable sources of profit loss can derail the outlook of any business. A successful restaurant LP strategy revolves around two things:
Selecting the right tools and knowing when to collaborate are important steps towards achieving measurable results. To get you started, we’ve outlined 9 Steps to Building an Efficient Restaurant Loss Prevention Plan.
Every day, Agilence analyzes over 24 million transactions for our customers, transforming data into insights, and insights into actions. Prebuilt reports and dashboards, predictive analytics, automated alerts, and prescriptive resolution plans ensure timely detection, communication, and action. In this way, retailers are uncovering operational inefficiencies, increasing automation, and ultimately driving profits back into their businesses.
Mod Pizza
Brumit Restaurant Group
Panera Bread
We were happy using a competitive product, but when we first met the Agilence team they made us feel like family, which is something we’ve never experienced from a vendor before.
Hy-Vee Market Grill
856-366-1200