Hidden Expenses Challenge Security Experts

Incident report experts at Presynct Technologies have discovered hidden expenses challenging security professionals in 2016. Alarmingly, hundreds of thousands of dollars are at stake. Continue reading →

Jan 21, 2016 /prREACH/ -- Incident report experts at Presynct Technologies have discovered hidden expenses challenging security professionals in 2016.  Alarmingly, hundreds of thousands of dollars are at stake.

As companies focus more on preventive security measures, security experts are asked to go beyond the traditional areas of controlling human intrusion and natural disasters.  In 2016, security experts must also address and control costs relating to employee productivity and turnover while improving compliance standards.

Presynct's research is summarized in the webinar, "Discover How Security Experts Are Controlling Hidden Expenses."  Watch the webinar here:  http://45.gs/pr2016

Some of the Presynct findings include:

• An estimated $14,000 of productivity is lost per worker per year due to their inability to find the data they require to do their job.
• Employee frustration is at an all time high with 70% of American workers not working to their full potential.
• Employee replacement can cost 30-400% of employee salary.
• Businesses lose 20% of every dollar to employee theft.
• Regulatory compliance can cost as much as $7,000 per employee - and those costs are on the rise.

Security experts in public safety, hospitality, security, retail, health care, and more spend an average of 40 minutes on each handwritten incident report.  Companies are penalized with extra costs caused by incomplete and misplaced documents from frequent interruptions and distractions during incident reporting.  Presynct's On_Demand software reduces the time required for incident reports by over 60% and eliminates misplaced paperwork.

“Security management professionals can solve key problems with increased automation. Digital incident reporting and monitoring is the fast, inexpensive way to communicate in real-time and reduce hidden costs,” remarked Tim Pakes, President of Presynct Technologies, Inc.

About Presynct Technologies, Inc.

Presynct Technologies offers incident reporting and workflow software solutions for security teams working onsite and in the field.  Thousands of customers in public safety, hospitality, security, retail, and health care rely on Presynct OnDemand to track, monitor, and summarize incident report data.  For more information, visit www.presynct.com.