Product News: Software
Retail Monitoring Software uses rules-based compliance engine.
Press Release Summary:
April 16, 2014 - ACT (Automated Compliance Tool) for Retail 20/20 lets retailers define alert triggers based on individual events, summary data, or KPIs as well as create workflows for triaging and reporting on subsequent alerts. Application automatically monitors incoming data for user-defined exception events and provides automated notification and workflows for each alert. These alerts, coupled with supporting information, are sent directly to store managers and other field personnel for investigation.
Original Press Release
Agilence Announces New Automated Compliance Module for Retail 20/20
Press release date: April 8, 2014
MOUNT LAUREL, N.J. -- Agilence, Inc., the leader in cloud-based exception reporting solutions for retail, today announced the release of ACT, Automated Compliance Tool, for Retail 20/20. ACT enables retailers to define alert triggers based on individual events, summary data or KPIs and to create workflows for triaging and reporting on the subsequent alerts. ACT is a highly sophisticated yet intuitively simple application that automatically monitors incoming data for specific user defined exception events and provides automated notification and workflows for each alert. These alerts are coupled with supporting information and sent directly to store managers and other field personnel for investigation.
"ACT is a major step forward in the evolution of exception reporting," said Derek M. Rodner, VP of Product Strategy, Agilence, Inc. "The solution delivers unprecedented results and our customers are already seeing significant improvements in efficiency with its automated notification and workflow management capabilities."
-- Rules-Based Compliance Engine: ACT has a sophisticated rules engine that enables retailers to define complex monitors that include multiple data sets and vary the thresholds by region, district, risk class, store, etc., along with frequencies including: daily, weekly, and monthly
-- Automated notification: The new engine also enables email & SMS notifications to be sent to multiple roles and users based on severity so that users only need to react if exceptions are identified and assigned.
-- Workflows and Reporting: Each alert includes a specific action and recommended resolution. Tracking of alerts resolved and unresolved provides the basis for compliance management, enabling district managers and corporate-level users to monitor their direct reports and verify that alerts are being acknowledged and investigated.
Agilence will be demonstrating ACT live at day two of the RILA Asset Protection Conference April 7-9, 2014 in Indianapolis, Indiana. For more information on ACT, please email firstname.lastname@example.org or call 856-366-1200.
Agilence (www.agilenceinc.com) is the industry leader in next-generation exception-based reporting solutions for retail loss prevention and operations. Agilence develops Retail 20/20(TM), a highly flexible and powerful, cloud-based reporting solution that provides visibility into daily store operations to reduce fraud and operational inefficiencies. Retail 20/20 provides users with a complete view of their business, empowering them to make informed decisions faster, to increase efficiency and improve profit margins across the enterprise. Founded in 2006, Agilence, Inc. is headquartered in Mount Laurel, NJ. To learn more about Agilence, please email email@example.com or call 856-366-1200.
Derek M. Rodner