December 4, 2011
Envysion Inc., a provider of Managed Video as a Service (MVaaS), has announced that Qdoba Mexican Grill has reached its 250th site on the Envysion platform. Qdoba has expanded video usage to hundreds of users throughout the company to improve loss prevention, operations, marketing, product development efforts and restaurant-level profitability.
"From day one Envysion enabled us to drive improvements in operations, loss prevention and bottom-line profit," said Scott Henry, IT analyst at Qdoba. "The Envysion system has been our corporate standard for years now, in part because Envysion's cloud-based model allows us to rapidly scale the system and is centrally administered and centrally managed so we don't add overhead as we grow our restaurant base."
Using Envysion's video-driven business intelligence platform, which integrates video and data from business systems like point of sale, Qdoba's loss prevention team has reduced the amount of fraudulent transactions, including unwarranted voids, comps, promos, discounts and refunds. The operations team at Qdoba also has utilized the Envysion application to help lower cost of goods sold, increase paid transactions and average check amount and achieve greater adherence to operating procedures.
Finally, Qdoba has expanded video and exception reports to users in its marketing and product development teams. These departments have leveraged the unfiltered visibility provided by Envysion to evaluate new menu items in test restaurants to see who actually buys the new item, whether the item drives new traffic or incremental sales and if the item will cannibalize existing product sales.
Envysion was founded in in 2006 by Matt Steinfort, president and CEO. The company was recently selected as a finalist for Red Herring's 2011 Top 100 Global award. The award recognizes and honors the year's most enterprising private technology companies and entrepreneurs from across the globe.
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