Loss Prevention: Agilence Attacks Retail's $14 Billion Cashier Shrink Challenge With The Launch Of Agilence On!

SOURCE: Agilence, Inc.

Agilence, Inc., the leader in Intelligent Video Auditing Solutions, today announced the launch of Agilence On!, a service offering that combines the power of its HawkEye software with the services of its professional shrink reduction team to combat cashier shrink and ensure policy compliance in US retail stores. The service is immediately available to Agilence customers. Agilence On! has proven to reduce cashier shrink by as much as 80%, and is offered for a low monthly subscription fee.

"The Agilence On service fits perfectly within our budget, maximizing our LP limited resource's ability to fight shrink at both the point of sale and the rest of the store.," said Scott Bohm, Director of Loss Prevention, Drug Fair Group, Inc..

"Agilence On! is a total service offering, from technology implementation to actionable report," said Pedro Ramos, Director of Retail Operations, Agilence, Inc. "We are changing the game for LP teams by giving them a complete enterprise video management system integrated with their point-of-sale (POS) system, as well as an experienced shrink reduction team to complement their LP team by auditing stores daily. We are committed to providing a risk free proposition by delivering an ROI in month one."

The single goal of the Agilence On! service is to reduce the time it takes retailers to identify, build and resolve cashier shrink cases. To get started, retailers simply identify their goals and key performance indicators (KPIs), then sign up for the service. The Agilence On! service's shrink reduction team will then link the KPIs to a set of tailored analytics unique to that subscriber enterprise. The retailer's operation is analyzed in real-time for violations and policy exceptions that trigger the development and delivery of actionable incident reports—with specific video and POS employee details—to subscriber mailboxes. The Agilence On! service includes all necessary hardware, Agilence's HawkEye intelligent video auditing software and customized professional services required to stop cashier shrink now in retailer organizations.

About Agilence, Inc.
Agilence, Inc. is the leading provider of intelligent video auditing solutions. Our Agilence On! service and HawkEye point-of-sale video auditing software are the next generation in exception-based reporting and cashier fraud reduction. Customers who have implemented Agilence's solutions have realized a strong return on their investment, often recovering their costs in less than a year. Agilence and its global network of partners have helped many clients worldwide to reduce cashier fraud, manage their assets more effectively, and improve their business intelligence. For more information about Agilence, please visit www.agilenceinc.com.

SOURCE: Agilence, Inc.