eLoomina Description

Offering early insights to large companies to mitigate employee misconduct and internal risks is the core function of eLoomina. This advanced tool for analyzing employee behavior aims to identify potential misconduct at the earliest stage possible. The statistics reveal that internal fraud costs companies an alarming 5% of their annual revenue, with the average loss per incident reaching $130,000. Additionally, a staggering 22% of internal fraud cases result in losses exceeding $1 million, and these schemes typically last around 16 months. It is significant to note that behavioral warning signs were evident in 85% of these incidents, yet most cases go undetected or are uncovered too late. While 40% of discoveries come from tips, 15% through internal audits, and 13% via management reviews, a mere 3% are identified through technological means, highlighting the pressing need for a more proactive approach to corporate risk management. By implementing eLoomina, organizations can not only safeguard their assets but also foster a more transparent and accountable workplace culture.

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Company Details

Company:
eLoomina
Headquarters:
Israel
Website:
www.eloomina.com

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Web-Based

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