Deri Green, Director of Newbridge Software talks about shrinkage in businesses and how to manage it better
“Fraud (or shrinkage) has always been an issue across the spectrum within the Hospitality sector. A typical hospitality business will make between 5% – 10% net margin, yet recent studies show that fraud, both internal and external can range between 3% – 8% – often driving businesses in to an operating loss. Having worked in […]
