IntelliQ RetailKey Loss Prevention™ helps large retailers increase profits by attacking
the largest component of shrinkage: internal fraud & error.

By finding patterns in billions of EPOS transactions, our solution helps identify and eliminate the internal fraud and errors that cost millions in every large retailer. RetailKey spots the problems centrally, then supports fast, effective investigations that deliver big, ongoing returns.

Business users from finance, store operations and loss prevention in some of Europe’s best retailers use our data mining tools to generate fast ROI without draining IT department resources.

A central solution – to an estate-wide problem

Collecting data from all EPOS data centrally, RetailKey LP™ offers one view of the entire estate. This enables investigators to detect multi-store fraud that may not show up in one store’s data and allows the store management to stay focused on their job. A central investigative tool, RetailKey LP™ offers an automated analytic solution to maximise the efficiency of a central investigative team and support a company wide approach to Loss Prevention.

A user-friendly solution – for non-technical investigators

Traditional data mining depends on a highly technical database administrator to construct reports and handle queries.

RetailKey LP™ is built for non-technical users – from loss prevention investigators to operations managers, the audit team and financial directors. Easy to implement and to manage, it allows business users to create new reports and queries in minutes.

A ‘no-footprint’ solution – leaving IT resources and apps alone

Traditional data mining is an IT-intensive activity, requiring experienced experts to write complex queries. If a business user needs a new report followed up with an ad hoc query based on the initial findings, the process involved is usually slow and costly.

With RetailKey™, business users can can query the data without draining valuable IT department resources. No matter how many ways you want to look at the data, the power is in your hands. Running on a separate dedicated system using data from the daily EPOS logs, RetailKey™ does not interfere with any legacy applications

A fast ROI solution – paying for itself in months

By identifying costly fraud and error straight away, RetailKey Loss Prevention™ pays for itself in a few months. For many IntelliQ clients, RetailKey LP™ has reduced internal shrinkage by as much as 10-15% in the first year with an average ROI of 6 months. And unlike other solutions, RetailKey LP™ continues to deliver further and growing ROI in the years following implementation. The equally valuable benefits are:

• The deterrent effect – once staff understands the power of RetailKey LP™, fraud plummets.
  
• Morale boost – honest employees are de-motivated by seeing a few irresponsible colleagues get away with fraud. Weeding out the bad apples boosts morale for all.
  
• Efficiency factor – armed with RetailKey LP™, loss prevention teams recover much more loss in much less time.
  
• Process improvement – RetailKey™ helps spot inefficient or vulnerable processes and policies that waste time and money.
  
  
  
  

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