Audience

Continuous control monitoring system for companies

About Effcon (Effective-Control)

MONAROV & Co. Consulting’s Effcon system (effective – control) is a unique automated system which was developed based on over 20 years of experience in the fields of Internal Control and Fraud Prevention Engagements. The system facilitates the maintenance of an automated, continuous and independent control system for purposes of identifying control weaknesses, fraud and irregularities, reducing operational risks and assessing the effectiveness of internal control in the organization. The system constitutes a major tool in assisting organizations in achieving their business objectives. Our firm assists organizations in installing the Effcon (Effective control) system which contains defined sets of analytical rules. The set of analytical rules is defined by a team of experts with vast experience in discovering deviations in various fields, based on many years of experience in our firm, in the fields of control and risk management.

Integrations

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Company Information

Effcon
Founded: 2016
Israel
effcon.co.il/en/

Videos and Screen Captures

Effcon (Effective-Control) Screenshot 1
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Product Details

Platforms Supported
Cloud
Windows
Training
Documentation
Support
Phone Support
Online

Effcon (Effective-Control) Frequently Asked Questions

Q: What kinds of users and organization types does Effcon (Effective-Control) work with?
Q: What languages does Effcon (Effective-Control) support in their product?
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Effcon (Effective-Control) Product Features

Fraud Detection

Custom Fraud Parameters Not Supported
Pattern Recognition Not Supported
For Banking Not Supported
For Insurance Industry Not Supported
Investigator Notes Not Supported
Check Fraud Monitoring Not Supported
Internal Fraud Monitoring Not Supported
Access Security Management Not Supported
Transaction Approval Not Supported
For eCommerce Not Supported
For Crypto Not Supported

Risk Management

Auditing Supported
Business Process Control Supported
Compliance Management Supported
Corrective Actions (CAPA) Supported
Dashboard Supported
Internal Controls Management Supported
Response Management Supported
Risk Assessment Supported
Alerts/Notifications Not Supported
Exceptions Management Not Supported
IT Risk Management Not Supported
Legal Risk Management Not Supported
Mobile Access Not Supported
Operational Risk Management Not Supported
Predictive Analytics Not Supported
Reputation Risk Management Not Supported