Presentation that discusses how Fujitsu's PalmSecure palm vein biometric technology and the M2SYS Hybrid Biometric Platform can help improve loss prevention for retailers.
Fujitsu PalmSecure Biometric Technology for Retail Loss Prevention
1. 1 Simple LP Technique Can Save You
Millions
Hosts:
Bill Geary – Sales Manager, Retail & Education, Fujitsu Frontech North America
Michael Trader – President, M2SYS Technology
If tweeting during the presentation, please use hashtag #palmsecure
2. Agenda
• Company Overview
• Biometric Loss Prevention Benefits
• The Cost of Time Theft
• Where Do Executives Rank Combatting Time Theft?
• How Can Biometrics Help?
• Why PalmSecure Palm Vein Biometrics Technology?
• Why M2SYS?
• Q/A
3. Fujitsu Overview
PalmSecure™ Biometric Solution
Company
Leading Provider of Customer – Focused Information Technology and Communication Solutions
Founded in 1935 – 76 years in existence
Annual Revenue – $53 Billion
Over 160,000 Employees
100+ Offices Worldwide
Products, Services and Support
Delivering Computers, Software, Telecommunications, Microelectronics, Electronic Devices
– 34,000 Patents
Providing Consulting, Systems Integration, IT Infrastructure, Solutions
– Third Largest IT Services Provider in the World
Worldwide Support
Partners
Partnerships with Leading Distributors, Resellers, ISV’s and Software Companies
Customers
Most Global Fortune 500 Companies
4. M2SYS Overview
We Simplify the Adoption of Biometric Technology
• Award-Winning Biometrics R&D Company
• Primary Markets Served: Public Safety – Law
Enforcement, Electoral, Healthcare, Banking, Education,
POS, Childcare, Transportation, Workforce Management,
Membership Management, Application Security
• Over 500 enterprise software integrators
• Tens of Thousands of End User Deployments in 90
Countries Worldwide
• Winner of 2007 Frost & Sullivan Biometrics Technology
Innovation of the Year Award
• Unique Bio-Plugin and Bio-SnapOn solutions for rapid
biometric adoption and deployment
• Headquarters in Atlanta, GA with Satellite Office in Asia
6. Cost of Time Theft
An Impact on Money and Productivity
According to the American Payroll Association, buddy punching alone costs 2-
5% of gross annual payroll and 75% of businesses suffer from it. The Boston
Globe and Denver Post also reported that US companies lose nearly $400
billion per year due to time theft.
7. Time on the Totem Poll
Executive Focus on Improving Time Management
In their 2009 Retail Technology Study, RIS reported that Cost Management
and Workforce Efficiency/Productivity were #2 and #3 on the Key Business
and IT Strategies list. In 2007, the Society for Human Resource Management
reported that CFOs feel their #1 challenge is time management.
8. How Can Biometrics Help?
PalmSecure™ Palm Vein Biometrics for WFM and POS
ROI*
• More affordable alternative to expensive
time clocks
• Save at least 2-4% of your gross payroll
• Speed – employees only need to scan
their biometric
• Increase productivity by eliminating
“buddy punching”
• Reduce payroll inflation and payroll error
rates
• Eliminate ID cards or PINs
• Ensure compliance with labor laws
• Reduce store shrinkage
Benefits:
* Calculate your savings at: www.RightPunch.net
9. Why PalmSecure™?
Key Advantages
High Authentication Accuracy
• FAR: 0.00008%
• FRR: 0.01%
Non-Traceable and Non-Shareable Authentication Method
• Delivering unmatched security and privacy that is virtually impossible to forge
Non-Intrusive Interface
• Contactless solution that leaves no biometric footprints following authentication
• High level of user acceptance
Applicable to All Users with Virtual No Enrollment Failure
• Works regardless of ethnicity, age, and other demographical statistics
• Highly applicable to all users due to minimal impact from external factors (abrasions, dry skin,
chemical damage, wearing skin lotion, etc.)
10. Why M2SYS?
Key Advantages
• Instantly interfaces with any third-party
WFM or POS application
• Custom versions already built for Kronos,
ADP, Qqest, Empower, GlobalStore and
others
• Can facilitate offline punch capture and
discreet “typeless” schedule
enforcement (Kronos and ADP)
• Easily scale to share templates across
terminals or stores
• Seamless interface to end users
11. Contact Information
Bill Geary
Sales Manager, Retail & Education
Biometric Solutions
Fujitsu Frontech North America
25902 Towne Centre Dr
Foothill Ranch, CA 92610
bill.geary@us.fujitsu.com
+1-813-855 8452 office
+1-813-380 9423 cell
www.fujitsu.com/us/services/
biometrics/palm-vein/
M2SYS Technology
1050 Crown Pointe Pkwy.
Suite 470
Atlanta, GA 30338
info@m2sys.com
+1-770-393-0986
www.m2sys.com
Twitter: twitter.com/m2sys
Facebook: facebook.com/m2sys
LinkedIn: linkedin.com/company/
m2sys-technology