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Description
Eurécia offers a fully adaptable solution designed to align with the operational structures of your organization and its various divisions. As your business expands and its requirements shift, you can effortlessly incorporate additional modules and users into the system. This essential HRIS platform facilitates seamless interaction among CEOs, HR professionals, and employees, ensuring accessibility 24/7 across desktop, tablet, or mobile devices. Being a cloud-based SAAS solution, all software updates and enhancements are executed automatically, providing users with the latest features without any hassle. With a proven track record, Eurécia is trusted by over 200,000 users and 2,000 companies, having maintained the security and confidentiality of client data for more than 15 years, and we are committed to continuing this standard for you. This collaborative platform includes integrated workflow management, which streamlines automated processes so that you never need to input the same information multiple times. Additionally, payroll management is simplified, allowing you to easily track HR performance metrics such as absenteeism and turnover rates. By leveraging the strengths and talents of employees, HR can significantly enhance the overall Quality of Work Life within the organization. Ultimately, Eurécia empowers businesses to foster a more engaged and productive workforce.
Description
Benford's law serves as a tool for uncovering patterns indicative of improper disbursements. It involves examining audit trail reports from QuickBooks or other bookkeeping software to pinpoint unusual activities like voids and deletions. Additionally, it entails identifying multiple payments made for identical amounts on the same day. A thorough review of payroll runs is conducted to detect any payments exceeding the established salary or hourly rates. Payments made on non-business days are also scrutinized. Statistical calculations help in identifying outliers that may suggest fraudulent activity, and duplicate payments are tested for validation. Vendor files in accounts payable are analyzed for names that may be suspiciously similar, and investigations are conducted to uncover fictitious vendors. Comparisons of vendor and payroll addresses are evaluated using Z-Scores and relative size factor tests. While data monitoring and surprise audits have shown to significantly reduce fraud losses, only 37% of organizations implement these critical controls. For businesses employing fewer than 100 individuals, the average loss due to fraud is estimated at $200,000, highlighting that smaller enterprises often lack the necessary resources to effectively detect and address fraudulent activities. Consequently, it is essential for small businesses to adopt more robust fraud detection mechanisms to safeguard their financial integrity.
API Access
Has API
API Access
Has API
Integrations
Figures
Kombo
Primo
Sysarb
Youzer
Pricing Details
$80 per month
Free Trial
Free Version
Pricing Details
$1,400 one-time payment
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Eurecia
Country
France
Website
www.eurecia.com
Vendor Details
Company Name
MedCXO
Country
United States
Website
medcxo.com/fraud/
Product Features
Human Resources
360 Degree Feedback
Applicant Tracking
Attendance Management
Benefits Management
Career Development Planning
Compensation Management
Compliance Management
Employee Database
Employee Lifecycle Management
Onboarding
Payroll Management
Performance Management
Recruiting Management
Self Service Portal
Succession Planning
Time & Attendance Management
Time Off Management
Timesheets
Training Management
Product Features
Fraud Detection
Access Security Management
Check Fraud Monitoring
Custom Fraud Parameters
For Banking
For Crypto
For Insurance Industry
For eCommerce
Internal Fraud Monitoring
Investigator Notes
Pattern Recognition
Transaction Approval
