Verification
Our office reviews every audit file. We look for errors, areas that need improvement or training, and result and comment trends. In addition to the audit summary notes you receive on each file, we can generate reports pulling data from all of the audits to provide an overview of your results by the month or quarter. We can also generate specifically requested data that we can collect and compile each audit period.
Our office reviews every audit file. We look for errors, areas that need improvement or training, and result and comment trends. In addition to the audit summary notes you receive on each file, we can generate reports pulling data from all of the audits to provide an overview of your results by the month or quarter. We can also generate specifically requested data that we can collect and compile each audit period.
Staff
People that can do the jobs our auditors do day in and day out are pretty unique individuals. The ability to handle difficult situations professionally and courteously is a skill required of all our personnel.
Though auditors have mundane jobs and have to tolerate unpleasantness at times, the people who can meet our standards stay with us. We provide a competitive compensation package geared toward achieving our primary goal: helping improve your shrink. Our people aren’t paid by the number of stores they complete so they are not motivated to rush through their jobs at the expense of accuracy and diligence.
People that can do the jobs our auditors do day in and day out are pretty unique individuals. The ability to handle difficult situations professionally and courteously is a skill required of all our personnel.
Though auditors have mundane jobs and have to tolerate unpleasantness at times, the people who can meet our standards stay with us. We provide a competitive compensation package geared toward achieving our primary goal: helping improve your shrink. Our people aren’t paid by the number of stores they complete so they are not motivated to rush through their jobs at the expense of accuracy and diligence.
Audit
Process
One of the most common complaints we hear from people we meet is that their audit results are always bouncing back and forth, over and short. This could indicate sloppy counting but we often find there’s a little more to it. Without a clean audit process, no matter how accurately someone counts, you may not receive the results that you need to control your stores. We can help you get more precise results.
To be effective, the results of an audit must indicate the true performance of a store but there’s more to an audit than just counting the candy bars. We learn our customer’s retail accounting process and we help identify procedures that impact the reconciliation of the count to your book totals.
And we can do more. If you need help verifying data entry we will. We hate bouncing numbers as much as you do and together we will eliminate them.
One of the most common complaints we hear from people we meet is that their audit results are always bouncing back and forth, over and short. This could indicate sloppy counting but we often find there’s a little more to it. Without a clean audit process, no matter how accurately someone counts, you may not receive the results that you need to control your stores. We can help you get more precise results.
To be effective, the results of an audit must indicate the true performance of a store but there’s more to an audit than just counting the candy bars. We learn our customer’s retail accounting process and we help identify procedures that impact the reconciliation of the count to your book totals.
And we can do more. If you need help verifying data entry we will. We hate bouncing numbers as much as you do and together we will eliminate them.
Accuracy
& Precision
Potential customers often ask us what degree of accuracy we guarantee. The fact is, we don't make accuracy guarantee statements. Really?
First of all, how would you determine the accuracy of a count just completed by your employees or an external service? A natural discrepancy in the allocation of sales during the audit will generate some variance between the initial count and any recounts. Anyone claiming 100% accuracy probably generates results far from it. What is a comfortable margin of error? If someone promises 99% accuracy it sounds pretty good but if you have an inventory of $100,000, it seems to us like a fairly big error.
So we don’t promise something that can't be measured or proven. We do promise that our auditors understand the audit process and won’t leave until they're certain about the variables we can control. Working together we will generate results allowing you to react with confidence, whether they indicate a location performing at target or failing to do so.
Potential customers often ask us what degree of accuracy we guarantee. The fact is, we don't make accuracy guarantee statements. Really?
First of all, how would you determine the accuracy of a count just completed by your employees or an external service? A natural discrepancy in the allocation of sales during the audit will generate some variance between the initial count and any recounts. Anyone claiming 100% accuracy probably generates results far from it. What is a comfortable margin of error? If someone promises 99% accuracy it sounds pretty good but if you have an inventory of $100,000, it seems to us like a fairly big error.
So we don’t promise something that can't be measured or proven. We do promise that our auditors understand the audit process and won’t leave until they're certain about the variables we can control. Working together we will generate results allowing you to react with confidence, whether they indicate a location performing at target or failing to do so.
LBS,
Inc. • 345 North Canal • Suite 1107
• Chicago, Illinois • 60606 • (800)
268-0501
How
We Operate
