LOUISVILLE, Colo., March 21, 2011 /PRNewswire/ -- Envysion®, Inc., (www.envysion.com) the leading Managed Video as a Service (MVaaS) provider, today announced Garden Fresh Restaurant Corp. has selected Envysion as its exclusive video surveillance provider and is deploying Envysion Insight in an initial set of locations. Garden Fresh Restaurant Corp., the operator of 120 salad buffet-style restaurants under the Souplantation and Sweet Tomatoes brands, will use Envysion's point of sale (POS) integrated video surveillance to scale the capabilities of their loss prevention department and leverage business insights to improve operational performance.
"The Envysion Insight solution allows me to view video and integrated exception reporting of our restaurants, so I can increase my loss prevention effectiveness and efficiency through remote site auditing and investigating potential fraud or theft," said Jamie Knight, director of asset protection for Garden Fresh. "Within three months we realized a material improvement in gross profit. We're averaging an increase of about $920 in profit at each Envysion site every month. Assuming we see those results as we roll out the Envysion solution across our locations, the impact could add up to millions of dollars per year."
Envysion Insight goes beyond traditional security and loss prevention applications by integrating managed video surveillance with POS systems. In addition to the customary benefits of video surveillance – increased security and reduced loss from vandalism, theft and unfounded liability claims – Envysion Insight automatically tracks potentially fraudulent transactions such as voids, returns, discounts and coupons. The Managed Video as a Service (MVaaS) solution puts video surveillance into the hands of the entire organization, fostering a company-wide responsibility for loss prevention. Through Insight Marketplace, a revolutionary new approach to managed video, customers can extend the impact of Envysion Insight with a variety of loss prevention services delivered by expert, third party partners.
"We are excited to provide Garden Fresh with a solution that will immediately enable them to improve profitability and expand critical loss prevention efforts. Our video POS integration system will enable Garden Fresh to better identify, track, examine and curtail negative activity and drive savings to the bottom line," said Matt Steinfort, president and CEO of Envysion.
Envysion puts the power of video into the hands of a multi-unit operator's entire organization, enabling users to easily leverage remote video to gain actionable business insights that will improve operations and deliver demonstrated 10-15% profitability improvements. The company created the Managed Video as a Service (MVaaS) model, which brings the Software as a Service (SaaS) approach to video. Envysion's highly scalable and easy to manage MVaaS platform reaches across departments to 1000s of users without straining the IT department or network. Through Envysion's Insight Marketplace, the innovative business solutions marketplace that leverages managed video, customers can select from a variety of approved partners who deliver specialized services. Today, Envysion's solutions are driving bottom line profitability improvements with leading restaurant, retail, hospitality and convenience store operators throughout North America. For more information, visit www.envysion.com or call 877.258.9441.
SOURCE Envysion, Inc.