Envysion, the leading Managed Video as a Service (MVaaS) provider, announced that 316 Investments has completed a deployment of Envysion Insight. The Qdoba Mexican Grill franchisee will use Envysion’s MVaaS solution to improve loss prevention efforts and sales.
Envysion, the leading Managed Video as a Service (MVaaS) provider, announced that 316 Investments has completed a deployment of Envysion Insight. The Qdoba Mexican Grill franchisee will use Envysion's MVaaS solution to improve loss prevention efforts and sales.
“Envysion gives us the instant and unfiltered visibility behind every transaction, so we can quickly identify and correct fraud, theft and operational errors costing us money. By keeping a close eye on high risk transactions, such as comps and promos, we have realized a significant improvement in profitability,” says Lance Aukerman, President of 316 Investments.
Envysion transforms video surveillance from a niche security application to a rapidly scalable video-based business intelligence tool capable of driving 10-15 percent profitability improvements for customers. In addition to the customary benefits of video surveillance – increased security and reduced loss from vandalism, theft and unfounded liability claims – Envysion Insight provides seamless integration of point of sale (POS) and automatically tracks potentially fraudulent transactions such as voids, returns, discounts and coupons.
“We are excited to provide 316 Investments with the same easy-to-use, video-based intelligence and powerful exception reporting that we provide to Qdoba corporate. Our familiarity with the Qdoba concept, plug-and-play solution and proven bottom line impact enables 316 Investments to capitalize on established best practices and immediately drive profit improvement,” says Matt Steinfort, President and CEO of Envysion.