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7 Ways to Reduce Fraud with POS Systems

For small businesses the steps taken to reduce fraud with POS systems are crucial in their sustainability.  Fraud presents a particular threat to profitability and remains a legitimate problem.  According to the Association of Certified Fraud Examiners via its yearly Report to the Nations, the average business loses roughly 5 percent of its yearly revenues to fraud.  Moreover, smaller companies are more likely to experience fraud than large ones.  In the past two years nearly 30 percent of reported fraud cases occurred at companies with fewer than 100 employees, according to the Association of Fraud Examiners (ACFE) 2014 Report to the Nations.  The financial perspective is not much better.  In fact, when small businesses experience fraud, they may be hit much harder and have greater difficulty absorbing these losses.  Organizations with fewer than 100 employees had a median loss of $154,000.  The two most basic types of fraud are misappropriation of assets (i.e. cash, inventory, etc) by employees and fraudulent financial reporting.

Here are some great features that help your reduce fraud with POS systems plus maintain tight control of your business and cost.

  1. Unique Logins via login ID or Dallas key – Login users, clerks, managers with different keys, passwords, and privileges
  2. Cash control – Access to the cash drawer can be limited to those with security privileges only.  Also tracks cash in- and outflows for daily reconciliation as well as starting balances.
  3. Time and attendance function records logins – Check when your staff logs in to begin their shift. Know exactly when someone was on duty.
  4. Variance reporting via EJournalView – Utilize the software to analyze and check your sales transactions.
  5. Stock control including ingredients via QProg – Automatically keep track of inventory and set up automatic deductions of ingredients from stock
  6. Linked CCTV via virtual journal printer – Maintain a watchful eye over every activity at the POS system with closed circuit television (CCTV)
  7. POS linked liquor control – Set-up the GRUBER SCHANKANLAGE or USC SPIRIT 2000/4000 systems to keep a tab on your beverage volume and cost.
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Streamline Your Restaurant Workflows with QUORiON POS Systems

Looking into how POS technology can help you with your restaurant workflows?  Let’s have a chat!

Learn how QUORiON POS solutions can help improve restaurant workflows with table management, table-side ordering apps, automatic printer routing, and analytics.

Imagine a cozy, downtown restaurant with 2 stories, a roof top terrace, and a patio bar on a beautiful summer eve…

… at the door the scintillating aromas of the exquisite cuisine greet everyone’s nose.

Crowds of young people enter cheerfully. The hostess assigns tables.  Waiters warmly greet guests and cleverly use QOrder on their mobile Android devices to take orders table-side (up to 8 simultaneously).  Thereafter, they send these via Wi-Fi to a central QTouch POS system.  Based on pre-assigned article departments, orders then go out automatically to 4 different Wi-Fi kitchen and bar printers.

  • Drinks to the bar Wi-Fi printer 1
  • Appetizers to kitchen Wi-Fi printer 2
  • Main course to kitchen Wi-Fi printer 3 (with internal melody box)
  • Desserts to kitchen Wi-Fi printer 4

During the delightful evening guests freely move from bar to tables, waiters reopen tables to add orders, split tables, and close them. Waiters quickly generate invoices via QOrder, which can print on Wi-Fi printers in each restaurant area such as a …

  • Wi-Fi printer 5 hanging on first floor wall,
  • Wi-Fi printer 6 on roof top terrace,
  • Wi-Fi printer 7 on patio terrace,
  • Or on the QTouch POS system.

Regular customers receive discounts or even free meals according to the built-in loyalty system, which runs on the QTouch POS system.

At the end of the night the restaurant manager conveniently checks revenue with the EJournal View software on his office PC and reviews the server activity.

Looking for information?  Discover how QUORiON restaurant POS systems can further streamline your restaurant workflows today.

Ready to buy? Find a QUORiON POS reseller near you.

NEW QDRIVER COMMANDS FOR READING/WRITING BALANCE ORDERS

When using balances, it is now possible to read/write an order balance from/to a POS system.

You can read or send orders to the POS. The order contents are stored in a CSV file. When the POS system resides in a network and the “floating balances” is active, the orders sent to the POS are automatically stored in the other POS systems as well.

For reading a balance order there are 3 commands. The order of a balance always starts with a record type 1 (INFO Record), followed by records type 2 (ITEM Record), and ends with record type 3 (TOTAL Record).  You (re-)install by sending the downloaded/created CSV file.

See QDRIVER folders for more information on the record formats.

  •  COMMAND=D236 → Download Table Order
  •  COMMAND=D237 → Download Room Order
  •  COMMAND=D238 → Download Account Order