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Vend Audit Controls Announces VendCheck Pilot for Vending Machines in Philadelphia Public Schools
MIAMI, FL August 5, 2004 -- Jeff Stubins, president and founder of Vend Audit Controls announced that the firm is now conducting a VendCheck audit pilot project for the Philadelphia school district. Vend Audit Controls is a Miami-based vending machine revenue auditing and monitoring service firm.
"The VendCheck test in Philadelphia will allow us to showcase the benefit of having an online, centralized vending machine monitoring system," said Stubins. "Including the Philadelphia school district, we will have run pilots in three of the nation's 20 largest school districts, for a total of 7 pilots to date. Clearly there is a need for major school districts to be able to monitor and independently verify this very important revenue source."
The school districts who have participated in these pilots represent thousands of vending machines serving hundreds of thousands of students on a daily basis. Improved monitoring and accountability could easily increase same machine sales dramatically, resulting in six and even seven digit commission rebate increases per year. Vending commissions paid to schools typically fund extra-curriculum school activities ranging from band to many non-sporting student activities.
Vend Audit Controls' proprietary VendCheck solution provides independent verification to ensure proper calculations of income and commissions from vending machines. Prior to VendCheck school districts, were forced either to rely solely on trust, or conduct time-consuming and complicated manual audits. However, unlike manual audits, VendCheck uses standard vending industry DEX technology, in conjunction with DEX-capable handheld devices to monitor and track machine revenue. All of their work is done with generic, typically machine-resident vending machine hardware, making it extremely economical for the vend operator to participate. "In fact, the vend operators serving Philadelphia were very happy to participate, and were impressed at the simplicity of using DEX. This was their first exposure to DEX and they were expecting something far worse, far more painful," said Stubins.
VendCheck audit allows a school district to independently determine how much cash is going into their vending machines without having to physically audit each individual vending machine. VendCheck empowers the school and district administrators with financial controls over their machines, thereby increasing accountability and commission fees paid.
How Schools Can Get Started With Their Own VendCheck Program
Whether a single school with a dozen or so machines or a school district with hundreds or even thousands of machines and multiple vendors, implementing a VendCheck is surprisingly easy.
All a school has to do is to contact Vend Audit Controls (www.vendauditcontrols.com) and request a VendCheck review. Upon completion of a review, Vend Audit Controls will determine to what extent a client is owed additional commissions and then take the required steps to recover this income.
Benefits of a VendCheck
In addition to new found dollars generated from a VendCheck, the program yields many other dividends:
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The principal and staff win by demonstrating high standards of accountability
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Auditing, operations, purchasing and food service department heads win through the creation of a complete audit trail for the handling of this income stream.
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The school district wins by ensuring financial oversight, and compliance with local regulations regarding auditing of school revenues
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And most of all, the students win through the continuation of the extra-curricular programs they enjoy
About Vend Audit Controls and its Founder
Vend Audit Controls clients and target prospects include school systems, major retailers, government facilities, managed accounts, and other high volume vending sites. For more information please visit www.vendauditcontrols.com
Contact:
Alec Rosen
alecjr@ajrpartners.com
786.457.6680
This article is courtesy of http://www.find-vending-machine.com
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