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
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