Murdoch's Ranch & Home Supply Selects Envysion As Exclusive Video Provider
Specialty retailer to drive store-level profitability improvements
Envysion®, Inc., the leading Managed Video as a Service (MVaaS) provider, recently announced that Murdoch's Ranch & Home Supply has selected Envysion as its exclusive video provider and is deploying Envysion Insight to all its stores. Murdoch's, a general merchandise and ranch supply retailer, will utilize Envysion's MVaaS solution to improve loss prevention and merchandising efforts, increase HR efficiency in issue resolution and drive store-level profitability.
"Envysion's video-driven business intelligence enables us to proactively identify opportunities to improve profitability. With Envysion we can quickly and easily view video of transactions flagged for loss prevention review and use the same solution to improve other areas of our business such as merchandising and the customer experience in the store," says John Parkes, vice president of human resources at Murdoch's.
By integrating business system data such as point of sale (POS) data, Envysion Insight transforms video surveillance into a strategic management tool and enables retailers to drive significant profit improvements. Envysion's powerful exception reporting capabilities give customers the instant visibility into every transaction and event, so users can quickly validate exceptions such as suspicious refunds, voids, no sales and reprinted transactions. The Envysion application also provides an unfiltered understanding of customer behavior and the customer experience to inform marketing and merchandising decisions.
"We are excited to announce Murdoch's to our growing list of retail customers and to provide them with a video solution that will improve their business decision making and profitability. The addition of another large retailer further demonstrates our solution's broad applicability across industry segments and store formats," says Matt Steinfort, president and CEO of Envysion.
About Envysion
Envysion enables businesses to increase profitability 10-15% by putting easy-to-use, video-driven business intelligence™ into the hands of the entire organization. Envysion's Managed Video as a Service (MVaaS) solutions transform traditional video surveillance and enterprise business intelligence from niche applications used by a handful of users into a strategic management tool that provides instant and unfiltered business insights to users across operations, loss prevention, marketing and human resources. Envysion created the MVaaS model, which brings the Software as a Service (SaaS) approach to video and disrupts the traditional video market. The MVaaS model enables Envysion to accelerate development and innovation cycles by making new capabilities immediately available to all users and eliminates the technology obsolescence that comes with the model year development cycles of traditional video providers. Envysion's highly scalable and easy-to-manage MVaaS platform reaches across departments to 1000s of users and trusted third party partners without straining the IT department or network. Today, Envysion's solutions are driving bottom line profitability improvements for large, national retail, restaurant, cinema, hospitality and convenience store operators. For more information, visit www.envysion.com.
SOURCE: Envysion Inc.