How To Use Restaurant Data to Spot Employee Theft

One restaurant produces thousands of pieces of data every month. As a single or multi-unit operator, you may know that you need to use data to streamline and improve your operation. But it’s easier said than done. Hidden in the piles of metrics are keys to reducing loss. And, if you can hone in on problem areas using data, operators have the ability to add up to three percent to topline revenue. Of all the forms of restaurant loss, employee theft takes the biggest bite out of the bottom line.

Below, are the ways you can find employee theft trends in your store data.

Set ThresholdsDid you know that according to a Delaget study, four of ten manager discounts are fraudulent? Employee thieves are sneaky when it comes to pocketing your dollars. That means operators need to get smarter about identifying employee theft right away.

In order to find suspicious activity in your store using data, you need to be able to easily see outliers. That means every store should have goals and specific…