 Re: Employee/customer Thefts Have you found?
Posted on
11/22/2010 2:11:09 AM |
The answer to this question now fills volumes at various parking operators audit offices and keeps audit consultants busy every day. Theft in the industry is dependent on many factors. Whether you have modern revenue equipment or simple parking operations, a study of your operating procedures and the revenue handling is required in order to determine the gaps and opportunities that exist in your operation. Surprisingly, municipal or private operators that have had audit reviews of their operations have found 10-15%, or higher, as an average of loss. Considering the amount of monies derived from parking, this is a substatial amount of money that can be reduced, if not eliminated, with the introduction of policies, processess and procedures that must be maintained in all areas of revenue flow. Shannon, there is much to learn |