Livonia, Michigan – Sep 6, 2011. Control’s Force will be attending MWUG Fall 2011 conference in Fort Wayne, Indiana on September 25-27, 2011. This year Control’s Force will be attending as a QAD Solution Partner.

Monday, September 26, 2011 at 4:00 pm, Vladimir Forfutdinov, CEO of Control’s Force, and Randy Whitehair of Freudenberg-NOK will be presenting “Protect Your System From Money Leaks” – in the financial track. This session will discuss how to detect A/P risks by monitoring a series of complex business transactions initiated through the QAD Purchase Ordering process. Learn how to save money and minimize operational and control cost. Examples from Freudenberg-NOK production deployment will be provided.

Recently, Control’s Force has become a QAD Solution Partner. The combination of Transaction Watchdog™ technology and QAD’s On Demand ERP offering will give you a new level of control in the cloud; identify discrepancies and minimize the risk of error and fraud. This will increase business transparency and eliminate common business leaks such as: duplicate payments, ghost invoice, human data exceptions, over shipments and cooking the books.

Control’s Force will be available for demonstration of the latest version of Transaction Watchdog™ service.

About MWUG

MWUG is the largest independent user group for QAD’s manufacturing management and Enterprise Application software. We represent manufacturing companies in the Midwestern U.S. as well as QAD partners and other product/service providers who support QAD systems. Our mission is to provide a forum for members to share & exchange information through educational conferences, to establish mutual support and peer contacts, and to promote and advance the use of our members’ ERP systems. Additional information can be found at www.midwestusergroup.org

About Freudenberg-NOK

Freudenberg-NOK is the Americas joint venture partnership between Freudenberg & Co. in Germany and NOK Corp. in Japan. Freudenberg-NOK, the leading producer of advanced sealing and vibration control products. Freudenberg-NOK  provides an extensive portfolio of precision molded products to the aerospace, aftermarket, fluid power, oil and gas, marine, healthcare/medical, off-highway equipment, recreational, industrial, chemical processing and semiconductor markets worldwide. www.freudenberg-nok.com

About QAD

QAD is a leading provider of enterprise applications for global manufacturing companies specializing in automotive, consumer products, electronics, food and beverage, industrial and life science products. QAD applications provide critical functionality for managing manufacturing resources and operations within and beyond the enterprise, enabling global manufacturers to collaborate with their customers, suppliers and partners to make and deliver the right product, at the right cost and at the right time. (www.qad.com)

About Control’s Force

Control’s Force is the innovator behind transactional controls, whose products and services are specialized for long-running business transactions. By tracking data as a part of Business deal across distributed IT systems and processes, the company helps organizations extract the maximum value at the lowest cost. Additionally, it protects users’ information from human and systems incompatibility errors, employees’ fraud, and lost data. Information about Control’s Force’s products and services can be found at www.controlsforce.com.

info@controlsforce.com

The purpose of this show is to examine the readiness of hospitals, medical centers and life insurance companies to reduce their operational and control costs.The show will reveal market’s needs for the innovation technologies that protect against fraud, medical mistakes, overuse of services and other scams.

About Control’s Force
Control’s Force is the innovator behind transactional controls, whose products and services are specialized for long-running business transactions. By tracking data as a part of the transactions across distributed IT systems and processes, the company helps organizations extract the lowest cost and the maximum value. Additionally, it protects users’ information from human and systems incompatibility errors, employees’ fraud, and data lost. Information about Control’s Force’s products and services can be found at www.controlsforce.com.
Press Contacts:
info@controlsforce.com

In today’s challenging business environment, organizations are under intense pressure to reduce operational risks and save money. The latest AMR Research® survey showed that 38% of companies with fewer than 5,000 employees and 28% with 5,000 or more consider it a top priority investing in IT solutions that reduce business risks.

To address this need, organizations must deploy solutions that strictly control every payment to suppliers or employees to prevent loss of money.
Companies often discover that their IT systems do not protect them against employees who use their access for personal gain. Organizations are also vulnerable to human input errors, some small and some large. IT systems sometimes make mistakes when sending incorrect data from one system to another, due to hardware or infrastructure failure. These risks are very difficult to identify and prevent, but the result is always the same: money leaks out.
Problem with GRC* solutions is that these software programs focus mainly on reducing the cost of regulatory compliance and audit costs. They are not designed to mitigate operational risks that cannot be detected in a single system or a business process at one point-in-time.

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“With this acquisition we are extending our skills to provide direct support for Transaction Watchdog™ solutions to the growing portfolio of our customers”, said Dr. Boris Shapira, Control’s Force president. “Having many years experience of working with ERP systems, NV Group also gives Control’s Force a powerful team to provide consulting and pre-sell services both to our resellers and end users in the MidWest (USA) and Ontario (Canada)”.

NV Group (www.nvgroup.ca) was founded in 2000. Among others it has a staff of Java and SQL developers. NVGroup will be focusing on the following goals:

• Support for direct customers using Transaction Watchdog™ solutions for Buying and Payroll transactions.
• Creation of custom versions of  Alert Resolution Manager-client software for vertical markets
• Development of custom reports suited specifically for different levels of management
• To head the effort of customer and reseller training in both US and Canada

Current NV Group customers will benefit from the new technological tools, preventable money losses and increased efficiency, all made possible when using Transaction Watchdog™ solutions. All existing NV Group services will continue uninterrupted.

About NV Group

NV Group, established 2000, focuses on developing IT solutions for its clients; NV solutions enable increased productivity and offset ineffectual costs.  Continuously embracing emerging technologies, NV Group facilitates enhanced, easy-to-use solutions for small and large business.

About Control’s Force

Control’s Force is the innovator behind transactional controls, whose products and services are specialized for long-running business transactions. By tracking data as a part of the transactions across distributed IT systems and processes, the company helps organizations extract the lowest cost and the maximum value. Additionally, it protects users’ information from human and systems incompatibility errors, employees’ fraud, and data lost. Information about Control’s Force’s products and services can be found at www.controlsforce.com.

Purchase Orders, Invoices and Payments were collected from every Freudenberg-NOK’s site and sent to the Buying Transaction Watchdog™ engine. New approach was used to collect the data from distributed QAD ERP systems using QXtend. The documents were delivered to the engine as they would enter the ERP system.

The real time analysis of these results allowed for the discovery of some important root causes that related to the problems with QAD ERS (evaluated receipt settlement) processing. Duplicate vouchers were entered and detected by Buying Transaction Watchdog™ engine. Another problem that was identified, related to the Blanked Purchase Orders. These orders were open for several years.
“There are many other projects that will benefit from Transaction Watchdog™ technology. We would like to thank Freudenberg-NOK for their contribution, and look forward to work with them again.” says, Vladimir Forfutdinov, CEO of Controls Force.

About MWUG
The Midwest User Group is a fast-growing body of QAD users and Associates (vendors/service providers) who are improving their business practices and manufacturing processes through the use of QAD’s enterprise application and manufacturing management software. (www.MidwestUserGroup.org)

About QAD
QAD is a leading provider of enterprise applications for global manufacturing companies specializing in automotive, consumer products, electronics, food and beverage, industrial and life science products. QAD applications provide critical functionality for managing manufacturing resources and operations within and beyond the enterprise, enabling global manufacturers to collaborate with their customers, suppliers and partners to make and deliver the right product, at the right cost and at the right time. (www.qad.com)

About Freudenberg-NOK
Freudenberg-NOK is the Americas joint venture partnership between Freudenberg & Co. in Germany and NOK Corp. in Japan. Freudenberg-NOK, the leading producer of advanced sealing and vibration control products. Freudenberg-NOK provides an extensive portfolio of precision molded products to the aerospace, aftermarket, fluid power, oil and gas, marine, healthcare/medical, off-highway equipment, recreational, industrial, chemical processing and semiconductor markets worldwide. (www.freudenberg-nok.com)

About Control’s Force
Controls Force is a transactional control innovator, whose products and services are specialized for long-running business transactions. By tracking data as a part of the transactions across distributed IT systems and processes, the company helps organizations extract the maximum value at lowest cost. Additionally, it protects users’ information from human and systems incompatibility errors, employees’ fraud, and data lost. Information about the products and services offered Control’s Force can be found at www.controlsforce.com.

Control’s Force today announced the availability of Buying Transaction Watchdog™ version 2.0. This product line is aimed to protect ERP customers from system errors, human data entry errors, employee fraud schemes and transactional data discrepancies.

The new version comes packaged as a VM Ware virtual image. It consists of turn-key solution deployment and 4 adaptors: QAD (QXtend/XML), Progress (XML/DB), SAP Business One (DB) and Microsoft Dynamics AX (DB) adaptor. The later option also allows for cloud deployment of the Buying Transaction Watchdog™ (see product architecture for more details). Additionally, improvement to the Alert Resolution Manager will now allow the user to work in a more efficient manner. There also have been significant additions made to the ARM Client and ARM Server.

Buying Transaction Watchdog™ continuously monitors each buying deal with the supplier, through multiplicity of business processes like, Purchase Order Account Payable, Account Receivable (when ordered items are returned), Inventory and Shipping. It detects and provides purchase, finance and line-managers with real time alerts to duplicate invoice/voucher/payment that can contain:

• Discrepancy in item price (under, over) vs. purchase order, item quantity, vendor name
• Ghost invoice and ghost item
• Employee fraud like, “cooking the books” and purchasing for personal gain
• Segregation of duties in the scope of individual and long running buying transaction

“With the help of our customers we constantly improve the user interface and features of the ARM Client”, says Vladimir Forfutdinov, CEO of Control’s Force. “As a result, the product can now help to detect the root cause of the losses more efficiently”.

About VM Ware
VMware (NYSE: VMW), the global leader in virtualization and cloud infrastructure, delivers customer-proven solutions that significantly reduce IT complexity and enable more flexible, agile service delivery. VMware accelerates an organization’s transition to cloud computing, while preserving existing IT investments and enabling more efficient, agile service delivery without compromising control. With more than 190,000 customers and 25,000 partners, VMware helps organizations of all sizes lower costs, preserve freedom of choice and energize business through IT while saving energy—financial, human and the Earth’s. (www.vmware.com)

About Progress
Progress products and technology are used by nearly 140,000 organizations in more than 180 countries, including 70% of the Fortune 100. Progress technology provides the infrastructure for applications as diverse as ERP and financial trading, across industries as diverse as retail, manufacturing, telecommunications, financial services, and government.
Progress Software provides innovative technologies that deliver flexible application infrastructures, extended visibility, real-time integrated data access and high-speed event processing. (www.progress.com)

About QAD
QAD is a leading provider of enterprise applications for global manufacturing companies specializing in automotive, consumer products, electronics, food and beverage, industrial and life science products. QAD applications provide critical functionality for managing manufacturing resources and operations within and beyond the enterprise, enabling global manufacturers to collaborate with their customers, suppliers and partners to make and deliver the right product, at the right cost and at the right time. (www.qad.com)

About Microsoft
Founded in 1975, Microsoft (Nasdaq “MSFT”) is the worldwide leader in software, services and solutions that help people and businesses realize their full potential. (www.microsoft.com)

About SAP
SAP is the world’s leading provider of business software(*), offering applications and services that enable companies of all sizes and in more than 25 industries to become best-run businesses. With more than 102,500 customers in over 120 countries, the company is listed on several exchanges, including the Frankfurt stock exchange and NYSE, under the symbol “SAP.” (www.sap.com)

About Control’s Force
Control’s Force is the innovator behind transactional controls, whose products and services are specialized for long-running business transactions. By tracking data as a part of the transactions across distributed IT systems and processes, the company helps organizations extract the lowest cost and the maximum value. Additionally, it protects users’ information from human and systems incompatibility errors, employees’ fraud, and data lost. Information about Control’s Force’s products and services can be found at www.controlsforce.com.

Press Contacts:
info@controlsforce.com

Every organization wants its core business processes to be executed accurately, thus reducing the risk of financial loss. System errors, human mistakes and outright fraud cost businesses worldwide untold billions of dollars each year. Fraud alone accounts for nearly one quarter of the waste in the US health care industry. Today’s business processes, which rely on automated systems to manage them, are not fully capable of achieving this objective. A core business processes of any organization is long-running such as buying or selling and typically consist of many business and IT processes. To monitor the entire business process instance is a very difficult task.

Generally, medium to large size organizations also employ a staff of controllers and auditors who look for inconsistencies in reports that are provided by different IT systems. Controllers are supposed to detect fraud and inaccuracy before the business loss occurs, while auditors try to recover lost money that the controllers failed to detect in time. However, even a large number of controllers and auditors are unable to monitor and control every one of the thousands of long-running transactions, that are executed in large organizations across distributed IT systems, humans and documents.

In this paper, we discuss an automated system for transactional control and monitoring across distributed IT systems and documents which would provide these benefits:

• Empower controllers with technology to keep long-running business transactions under strict control.
• Allow fewer controllers and auditors to effectively monitor a greater flow of data.
• Provide real-time alerts and dashboard features that enable ongoing monitoring and control of multiple long-running core transactions simultaneously.
• Provide timely security and transactional information management to detect insider fraud schemes.
• Identify any discrepancy in transactional data to keep distributed information secure.
• Reduce the need for time-consuming and expensive system integration and/or software development projects to improve existing production system.

The approach described below allows organizations to model almost any practical task as a long running business transaction processing (LRP), and to use the same software system for transactional control and monitoring. As a result, organizations can construct a wide range of new and important business solutions using the same prebuilt templates and components.

Click on the image below for full white paper

Controlling the buying transaction from initiation through payment is just one of the possible business applications that can be built based on the Transaction Watchdog™ platform. Transaction Watchdog™ continually monitors a series of complex business transactions initiated through the ERP requisitioning and/or purchasing cycle and processed through the receipt, while quickly detecting accounts payable data risks.

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Transaction Watchdog alerts individuals so that the duplicate entries do not make it into the payment process. This saves time, money and headaches.

George Molchan, Chief Information Officer, 
Freudenberg-NOK

In the modern IT environment nothing can stop data entry and system incompatibility errors. Even good employees make mistakes, and some deliberately deceive IT systems and cause loss of money. No IT system can protect itself against insiders who abuse the access rights given to them.

These types of problems, called transactional risks, can not be prevented, but Transaction Watchdog™ can detect them by tracking every business deal, or manufacturing lot across systems, people and documents.

Click on the image below for full brochure