Sysrepublic Expands Secure Data Analytics Suite Capabilities
Addition of Secure Refund
Management and
Secure Pharmacy enable retailers to have better visibility to operations in
two
key areas.
Los Angeles, CA - December 4th, 2014 - Sysrepublic, Inc., a
leading
developer of analytic software for the retail industry, announced today the
addition of two new capabilities to its Secure Data Analytics Suite.
Secure Refund Management and Secure Pharmacy add holistic data analytics
functionality to Sysrepublic's growing suite of products which currently
includes advanced exception analytics and reporting for point of sale (POS),
information and case management, consultancy, pharmacy ,and refund
management.
Secure Refund Management is a POS integrated rules-based engine that
provides
customizable, sub-second "approve" or "pending/decline"
decisions for refund
transactions. Organizations will have the ability to create and customize a
rules-based approach to their refund strategy based on their unique
demographics
and operational objectives. This platform allows the retailer to control
their
entire customer experience, including the refund process, while managing
risk
and addressing the outlying anomalies. Secure Refund Management is flexible
enough to integrate with POS and allow for real time decision making or to
be
used as an advanced analytics tool to create policies based upon specific
data.
"The addition of Secure Refund Management allows retailers to have more
visibility into operations, allowing them to quickly make informed decisions
regarding refund strategy," said Erin Edwards, Vice President of Sales
for Sysrepublic.
"We are excited to provide this expanded capability for our
clients."
Secure Pharmacy is a comprehensive point of service analytics platform for
retail pharmacies that manages a full scope of risk scenarios impacting
asset
protection, regulatory compliance and daily operations. Inventory
diversions,
monitoring for suspicious orders, evaluating suspicious order monitoring,
prescription sale risk, medication adherence, and third party- claims risks
are
just a few of the areas where Secure Pharmacy is poised to make a
substantial
impact.
"Prescription drug abuse is a national health epidemic, CDC has called
for a
focus on analytics to help fight it and Secure Pharmacy is answering that
call."
Says Renee DeWolf, Vice President Pharmacy Strategy with Sysrepublic.
About Sysrepublic, Inc.
Sysrepublic was founded in 2002, by a combination of IT data
analytic and
retail experts, and has since grown to become one of the world's leading
retail
data analytics companies. Focusing on all aspects of retail operations,
Sysrepublic solutions help retailers maximize profits and reduce loss. Use
of
the industry's most powerful query engine, and a proprietary retail
database
structure, allow insight and analysis of retail data that has rarely been
available to users in the past. Sysrepublic solutions focus on point-of-
sale,
supply, inventory, finance, pharmacy, returns, and human resources data to
provide a comprehensive analytical view of user actions and process
inefficiencies causing loss within the retail environment. The company has
offices in Los Angeles, London and Warsaw. Learn more at the
www.sysrepublic.com
Contact: Johnny Custer LPC, CFI, - VP, Solutions Research and Marketing
johnny.custer@sysrepublic.com
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