25 Reasons and Benefits of Using Security Cameras and Video Surveillance in Your Business
Video surveillance and security cameras are essential for the overall safety and security of your business. If your company does not currently have a video surveillance security camera system, here are 25 reasons why it should consider obtaining one.
1. Surveillance cameras boost overall security
Security cameras strategically placed across a business can help deter crime and break-ins. Businesses are four times more likely than residences to be broken into.
2. Shoplifting and Theft Can Be Prevented With Video Surveillance
The use of visibly placed business security cameras can help curb theft. Did you know that employee theft affects 64% of all small firms and that shoplifters cost small businesses across the country €25,000 to €33,000 per minute?
3. Preventing Fraud
Fraud can cause a corporation to lose up to 5% of its revenue.
4. Employee Theft Can Be Prevented With Video Surveillance
80% of thefts happened in businesses with less than 100 employees, and more than half happened in businesses with fewer than 25 employees.
5. Enhances safety
Employee theft is more common in smaller businesses. This is due to the fact that there are frequently fewer safeguards in place.
6. Protects against Burglary
Forcible entrance accounts for 60.5 percent of all burglaries. Many people assume that burglaries are just “opportunistic crimes.” However, data reveal that forcible entrances account for the majority of burglaries (breaking windows, picking locks, kicking in doors, etc.). These types of crimes can be deterred greatly by a competent security systems, which includes video security cameras.
7. Improved Customer Safety Perception:
A solid security system, which includes security cameras, shows your consumers that you care about their safety and security, which can boost their overall impression of your company.
8. Improves customer and employee security from the outside
Your employees are protected both directly and indirectly by video surveillance security cameras. They can record suspicious activities in company parking lots and outside the actual building, allowing firm security staff or others to guarantee employees reach their automobiles securely.
9. Vandalism Can Be Reduced With Security Cameras
Vandalism costs business owners both directly and indirectly. A single act of vandalism costs an average of €3,370, according to the Irish Small Business Administration. Threats of violence and vandalism have decreased dramatically in businesses that have cameras in prominent locations.
10. Boost Employee Productivity and Business Efficiency
11. Increases revenue
Video cameras can also assist your retail store sell more things. How? They make it simple to track client traffic trends across your entire company. This allows you to relocate products and modify stocking levels to maximise the benefits of “natural” high-traffic regions.
12. Constant Peace of Mind
IP remote surveillance allows authorised staff to monitor crucial business areas in real time from practically anywhere.
13. It can assist in the avoidance of legal claims and fraud
Avoid the high legal fees that come with making false or dishonest accusations. Being sued is one of any business’s biggest nightmares. Having video evidence can verify what truly happened if an accident, injury, harassment, or other legal concern arises on-site.
14. Ensure company compliance
To comply with HIPPA or SEC laws, as well as internal corporate standards, many sorts of enterprises must have a video surveillance system.
15. Law enforcement benefits from security cameras
For business-related criminal conduct, such as theft and damage, video surveillance footage is one of the best investigative tools available to law enforcement.
16. is affordable and scalable
Video surveillance is both affordable and expandable. It’s simple and inexpensive to add more cameras to an existing network as your company expands.
17. Keeps track of all commercial transactions.
Employees are protected indirectly by video surveillance, which monitors each person that enters the premises and records their behaviour.
18. Security cameras eliminate the need for extra security guards.
Because employees, managers, and supervisors cannot be everywhere at the same time, a video surveillance system monitors production without adding to the cost of recruiting more people.
19. Video Surveillance Can Help Your Business Make More Money
According to a Bloomberg Business research on the benefits of surveillance at 392 restaurants, firms experienced a 22% reduction in larceny and a 7% boost in earnings where surveillance cameras were installed and working.
20. Maintains a record of consumer transactions.
Customers’ purchases are monitored via video surveillance in retail enterprises. For example, if a customer claims to have purchased an expensive item but does not have the receipt, or alleges that a staff was rude or misinformed, video surveillance data can be utilised to identify whether they were in the store on the day in question and what happened.
21. It’s a sound business decision.
Because you can’t be in two places at once as a business owner or leader, video monitoring makes good business sense. Video surveillance gives you visible access to your business whenever you need it, around the clock, 365 days a year.
22. Robberies Can Be Prevented With Security Cameras
Since 2016, robberies and burglaries have increased by 8.6%.
23. Video Surveillance Can Help You Save Money
The average cost of a shoplifting offence has increased to €559.
24. Take Charge of Shoplifting Prevention
At least two distinct establishments in the same retail chain were spotted by 60 percent of shoplifters detected.
25. Recognize and Prevent Shoplifting Threats Before They Happen
Twenty percent of known shoplifters went to three or more stores in the same chain.