Case Study
Bar & Lounge Segment
This case study is based on a 6 months Glimpse service period, helping the customer generate $19,675 in additional revenue — more than 12x ROI.
South Florida Market
Overview
Ongoing At-Risk transactions were 16% of total annual sales. With the use of the Glimpse reporting sales At-Risk dropped >5% and the additional revenue uncovered was ~$759,200/yr.
Challenge
Customer initially benchmarked at an average 56% At-Risk transactions and estimated True Revenue Loss of ~$26045/month
$26,045
Estimated True Loss / month
56%
At-Risk transactions
Customer Background
71
Audits performed
3.2 MIL
Images processed
6 Cameras
2 main bars, 1 service bar
6 months
Glimpse service period
‘At-Risk’ Analysis & Monthly Progression
Customer experienced 12xROI & savings after first month of utilizing Glimpse’s proprietary system and >30% overall ROI.
After Glimpse
$94,765
Yearly savings
$5230 ↓$20815
Estimated True Loss
16% ↓40%
At-Risk transactions
Periodic increase in At-Risk due to
- New hires & training;
- Lack of enforcement of procedures;
- Theft;
- 3 audits weekly allowed management/ ownership a glimpse into a wide range of scenarios & employee performance.
Case study results attributed to Glimpse service due to
- Weekly consultations & monthly discussions with management on trends seen in reports;
- Employee behavior change, and positive impact on the operational and the financial side;
- Occurrences of direct theft were uncovered after first 6 audits;
- Monthly savings accounted for / $3500 or higher (more than 7x ROI).
American Social Bar & Kitchen, Miami, FL
The instant behavior change with our employees was remarkable. We were aware of flaws in our operation but were not able to pin down specific areas of loss, until Glimpse
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