Appriss Retail, a leading provider of solutions designed to combat theft and returns and claims fraud, has launched its Appriss Exception Analytics App on Shopify’s unified commerce platform, aiming to automate fraud detection and enhance profitability for merchants. The Appriss Exception Analytics App is designed to analyze retail data, identify patterns of fraud, theft, and operational inefficiencies. This platform supports investigations, assists in evidence collection, and enables retailers to address issues proactively, providing a comprehensive view of factors impacting profitability. This release marks Appriss Retail’s second application for Shopify this year, following the Appriss Returns & Claims App launched in April. The partnership offers Shopify merchants an AI-driven solution for identifying fraud and margin erosion issues, moving from reactive to proactive and more accurate fraud detection. The App seamlessly integrates with other Appriss solutions and offers features such as automated fraud and theft detection through predictive analytics for various forms of abuse, including discount and loyalty fraud. It also provides exception-based reporting (EBR) utilizing AI to detect patterns in transactional data, flagging operational issues, policy violations, and training opportunities. Furthermore, the solution offers comprehensive metrics for visibility into losses and customizable reporting tailored to a retailer’s specific business needs. Michael Osborne, CEO of Appriss Retail, stated, “Shopify merchants that integrate the Appriss Exception Analytics App can eliminate manual data analysis, putting the time they spend on sifting through complex reports into strategic decision-making.” He added that this leads to “increased profitability, lower shrink, and most importantly a minimum 6x return on investment.” For over two decades, Appriss Retail has served as an intelligence platform for major U.S. and global retailers, trusted by more than 60 of the top 100 U.S. omnichannel retailers, covering 40 percent of all U.S. omnichannel sales across 150,000 locations. The company’s global presence extends across 45 countries on six continents. This new app expands their loss prevention expertise to the Shopify marketplace. Retailers interested in Appriss Retail’s solutions for Shopify can find more information on the Shopify App Store.