Sales suppression is one of the most pervasive types of fraud and most difficult to stop. Whether it is being perpetrated with a zapper, POS phantom ware, or as a service, it impacts all states. Experts estimate that 30% of retail businesses are suppressing sales and that it costs the United States $20 billion per year in lost tax revenue.  While the problem is inescapable, it is not unsolvable.

Here is a short video that summarizes the problem, how it impacts you, and actions you should consider.

There is a good chance your current staff lacks the data science and forensic skills necessary to quickly crack and solve a case. XDS offers analytics to identify the businesses most likely perpetrating sales suppression. Our platform will help you compare and contrast the leads. After you select the most important leads, our data collection methods will help your team gather data quickly and unobtrusively. To help your team scale, XDS will complete the analysis while your team concentrates on educating the taxpayers. Our detailed analysis identifies specific transaction details to help your team close audits quickly and with confidence.

When you partner with XDS, you will benefit from industry-leading analysis that complements your existing staff and processes.

 

Intervention Guide Available
Since sales suppression has a history of being extremely difficult to detect, laborious to prove, and a burden on the judicial system, it’s only natural that an organization’s executive leadership team may be hesitant to initiate or reinvigorate a program that combats sales suppression. Many of those states which are making attempts to identify and combat the problem lack the processes, team members, and tools to solve it systemically.

To help your team accelerate their efforts, XDS is providing a free sales suppression intervention guide. This guide is loaded with practical guidance and frameworks to help you reinvigorate or initiate a program to combat sales suppression.

Please complete this form to request your free copy of the XDS Sales Suppression Intervention Guide.