Score 2017 Issue 1 2017 | Page 30

Don’t Be Fooled by Fraud By Stacy Smith W 28 ith large amounts of cash, food and other inventory on hand, having weak or no internal controls leaves your restaurant open to thieves or dishonest employees who are ready to take advantage of your operation. From the cash register to the kitchen, there are plenty of opportunities for others to conduct fraudulent activity in your business. The good news is there are plenty of simple steps you can take right now to deter and prevent fraud. spot checking register reports to look for anomalies like more voids happening at certain times or one cashier processing a significantly higher number of coupons than others. Consider using more cashless payment options. Restaurants often fall prey to fraud given Consider all of the areas in your restaurant that are opportunities for fraudulent behavior. From the the large amount of cash that changes hands at the register. Even though you’ll pay fees for credit and debit card usage at your restaurant, the benefits often outweigh the costs. Are you offering as many cashless payment options as you can? Look for odd or irregular patterns that might indicate fraud. Look for things like a register that has a higher Review your authorization processes. Can employees manage voids on their own or are they required to have a manager approve voided receipts? Who is reviewing and tracking voids and refunds? backroom to the front of the house, think through every touch an employee has with your product or a transaction. level of refunds issued compared to others. Get in the habit of