PITTSBURGH, PA [May 31, 2023] – Petrosoft Inc., a leading provider of convenience store and fuel retailer technology solutions, today announces a new version of their loss-prevention software, Loss Prevention Analytics. The new product, Loss Prevention Analytics Basic, reduces up-front hardware and installation costs of traditional camera systems.
The original version of Loss Prevention Analytics required a camera system to record the footage in a store. Using that footage, the software would automatically identify risky transactions and pair it with the corresponding video for review.
By giving retailers insight into transaction data and flagging risky transactions, such as returns and voids, Loss Prevention Analytics enables them to identify and stop instances of theft. The new option, Loss Prevention Analytics Basic, provides customers with the same data insights, sans video, at a low monthly fee, with no up-front cost.
“We are proud to offer a low-cost version of our loss prevention product that has been able to help so many retailers reduce the rate of shrink in their stores,” said David Guenther, Chief Strategic Officer at Petrosoft. “This option makes Loss Prevention Analytics more accessible for interested customers to help them on their path to success – and profitability for years to come!”
About Petrosoft
Petrosoft’s leader is a chain retail operator and engineer who initially developed a cloud-based back-office software solution in 2002. Today, the company designs, creates and markets end-to-end c-store technology, enabling a seamless connection between vendors, point-of-sale, foodservice, back-office, network, analytics, and financial systems. The company continually strives to find innovative ways to allow operators to make the most of their on-site and back-office operational data, decreasing risk while optimizing inventory, productivity, sales, profit, and margins. Petrosoft is headquartered in Pittsburgh, PA. Find out more at www.petrosoftinc.com.