Customer Blog: The ROI of Video Surveillance from CameraScan
“Most theft is not external, it is internal…employee theft. I think that this is one of the obstacles in many owners minds about moving ahead with cameras. It’s hard to imagine somebody you know is actually stealing from you.
It’s up to ownership as to how they want to control theft, internal and external. But good controls like CameraScan have a very high return on investment…and that adds more to the bottom line profit.
A big plus with CameraScan is being able to watch your entire store from your office. Right now I’m watching activity on aisle 4. I’m watching my sales staff work. I’m watching patterns…these areas we have had issues with….our shrink is noticeably down.
Our core shrink is probably 45k annually (cost basis) which is quite a bit. I’m talking 70k retail. We’ve made profit but I know if I can cut my shrinkage by a third, I can pay for the system. And that’s just for the first year. Years 2,3,4,and 5 would be gravy. That gives us more profit and more money to re-invest into our business.
Being able to lease the system allowed us to walk into it on an equal basis. We now can see a substantial return on investment while keeping our capital expenditures low.
CameraScan did a great job for us…the whole process…turn key. They got it done and up and running much quicker than I could ever have imagined.
Everybody likes to save money, but what you really get with CameraScan is peace of mind knowing you are protected 24 hours a day, seven days a week. We should have done this 2 years ago.”