Self-Service Loss Prevention (SSLP)
Reduce shrinkage rates & safeguard profits
One solution. No additional hardware. POS-agnostic technology. Secure & seamless checkouts.
Say hello to future-focused retail loss prevention
For 40+ years, industry changemakers have trusted Extenda Retail to deliver secure and frictionless shopping experiences. Our POS-agnostic loss prevention solution outperforms traditional loss prevention technologies as it embeds predictive technology, enabling data-driven decisions and ensuring accuracy every time.
- Seamlessly integrate SSLP with your existing POS infrastructure
- Accurately identify and combat shoplifting behavior
- Efficiently run basket audits
- Improve staff satisfaction with less stress and more productivity
Why choose Self-Service Loss Prevention from Extenda Retail?
Retailers like you are realizing game-changing results in as little as 3 weeks.
reduction in annual costs per store
more theft caught
less unnecessary checks
increase in employee satisfaction
cases of theft caught per year
increase in customer satisfaction
Self-Service Loss Prevention
Self-Service Loss Prevention is a Software-as-a-Service (SaaS) that utilizes Machine Learning to accurately calculate loss probabilities. By using dynamic, real-time data, audits are only triggered when needed.
Flexibility & Scalability
SSLP by Extenda Retail is engineered to be highly scalable, adaptable to different store types, and compatible with countless self-service solutions and hardware. Implementation is superfast, with the shortest time-to-value in the industry.
3rd Party Triggers & Integrations
The loss prevention system is open to external triggers such as store surveillance cameras, and can seamlessly integrate with traditional basket audit determination services, providing a comprehensive approach to loss prevention.
Extenda Retail has infused its loss prevention solution with cutting-edge ML technologies that learn from every shopper’s journey
Behind the scenes, the loss prevention engine is assigning a personalized trust level to every shopper and triggering rescans when the theft probability is high. With more precise basket audits and rescans, shoppers enjoy a frictionless experience, and staff can manage their time more effectively.
See our Machine Learning technology in action:
Frequently Asked Questions
Do I have to buy a POS from Extenda Retail to use SSLP?
No! Our SSLP solution is designed to be POS-agnostic, ensuring seamless integration with your current Point-of-Sale infrastructure. Our team works closely with your IT department to facilitate a smooth and efficient integration process.
How long does SSLP take to implement?
The implementation timeline varies based on the scale and complexity of your operations. Typically, we aim for a seamless rollout within 3 months, but many of our implementations have been shorter. This ensures minimal disruption to your existing processes.
Can it integrate with the surveillance cameras we already have in-store?
Absolutely. SSLP is designed to be open for external triggers, including store surveillance cameras. This integration can be developed under request.
What level of support does Extenda Retail provide during rollout?
Our support extends throughout the entire engagement, from the pilot phase to the full rollout. You can expect dedicated support teams to address any queries, provide technical assistance, and ensure a successful implementation.
Our team collaborates closely with yours to plan the rollout, considering operational factors and potential challenges. We employ best practices for change management, ensuring minimal disruption and a positive impact on loss prevention.
What references do you have in the market?
We work with +50 tier 1-2 retail customers, with software rolled out in 38 countries. Our products enable 25 million daily transactions and level up the customer experience on 300,000 checkouts, SCOs and mobile self-scan devices worldwide, all of which we’re constantly learning from.
This means our technology is infused with insights from changemakers in the industry. SSLP customers have seen tangible benefits such as a reduction in rescans, higher hit rates, and increased effectiveness in loss prevention.
How much loss will SSLP prevent?
Typically, you can expect to catch 4x more shoplifting after implementing SSLP. Sign up to the webinar replay to discover ROI calculated from an Extenda Retail customer.
The loss prevention checklist you need to reduce retail shrinkage
- Understand the main causes of shrinkage.
- Identify the gaps in your current operations.
- Recognize the signs of a good loss prevention strategy.
- Learn about the market-leading technologies that counter shrink.
Learn more from our resource center
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