Micro-thefts by employees and customers generate, on average, losses of 2 to 5% of the daily turnover of companies in Mexico.
Therefore, implementing clear and effective strategies that do not fuel distrust among employees but rather let them know that there is no room to act outside the rules is essential to prevent these types of incidents and maintain a safe and trustworthy work environment.
Below, we share 5 essential tips to avoid internal theft in a company.
1. Establish Clear Policies and Internal Controls
Defining clear security policies and operating procedures is critical. Implementing rigorous internal controls, such as segregation of duties and regular audits, helps reduce opportunities for internal theft.
2. Promote a Culture of Honesty and Transparency
Promoting an environment where ethics and integrity are valued is crucial. Training employees on the importance of these values and establishing open communication channels to report suspicious behavior contributes to the prevention of internal theft.
Do you want your employees to act like shareholders in the company? Make them feel part of it with bonuses and commissions tied to profits, keep them involved with integration activities, and constantly let them know how important they are to the organization.
3. Implement Advanced Monitoring Technology
The use of monitoring systems, such as security cameras and sensors, allows you to monitor activities within the company and detect unusual behavior.
At cuid, for example, we have advanced functions for businesses that allow us to detect the activity of employees and suppliers, monitor entrances to restricted areas and, soon, detect irregular movements in cash registers.
The integration of these technologies with artificial intelligence can improve the effectiveness of incident identification.
4. Conduct Background Checks
Before hiring new staff, it is advisable to conduct thorough employment and, where appropriate, criminal background checks. This ensures that you are bringing in trustworthy individuals to your team, and while it may feel awkward at first, it is certainly more practical and less embarrassing than finding out later that the person is on the job that you have someone untrustworthy inside your company.
5. Continuous Staff Training
Providing training programs that educate employees about the importance of security and proper procedures helps create a strong organizational culture that is aware of theft prevention.
Advanced Technological Solutions: care
For businesses looking for a comprehensive and affordable solution, cuid offers advanced security features tailored to businesses of any size. With 24/7 monitoring, indoor and outdoor cameras, state-of-the-art sensors, and full control from a mobile app, cuid provides a reliable platform to protect your business.
The implementation of these strategies, together with technological solutions such as cuid, allows companies to minimize the risk of internal theft and maintain a safe and productive work environment.