Comprehensive AI Spend Risk Mitigation Analytics & Software
Oversight is the AI solution organizations use to tackle hidden spend risk in everything from T&E and P-Cards to payables.
The world of spend is changing...
See the actions you need to take now.
Oversight's Promise to its Customers
Most of the clients we work with have a very similar challenge. They are dealing with too much error, fraud, and misuse.
To combat this, they're either using people or technology to attempt to analyze large volumes of siloed, transactional finance data.
Oversight's clients receive a purpose-built, analytical spend risk platform that leverages AI and machine learning to achieve a result you could never achieve with people or with supplemental product.
To really be sure that nothing gets by you, you must be able to:
See it all – Get 100% visibility in real-time across every area of spend, from T&E and payables to fleet cards, P-cards, and more
Spot the patterns – Look beyond individual transactions and identify the root causes, trends, and underlying behavior
Steer the future – Put the processes, policies, and controls in place to ensure better outcomes and manage risk more effectively
Who is Oversight?
Oversight is how finance organizations use AI to tackle hidden spend risk in everything from T&E and P-Cards to payables. Instead of manually auditing a small sample of past spend, you can automatically analyze 100% of your current spend and see the actions you need to take now.
Read our latest insights.
Controls Aren't Enough to Prevent Cash Leakage in Payables
If you’ve worked in Accounts Payable, you know how easy it is to miss-key invoice details, submit multiple entries for the same invoice, and deal with lost discounts due to inefficient approval processes. Even the slightest detail, such as an extra digit in the dollar amount, or a transposition of...
The Four Step FCPA Compliance Checklist
We entered a new phase in the fight against corporate bribery on June 21, 2022, when the UK company Glencore admitted to bribery after an investigation by the UK's Serious Fraud Office (SFO). The company also recently pled guilty in bribery investigations of several other countries including the...
What our clients say
Oversight can detect things you can't detect. You can write the rules the way you need to catch the errors. It is an amazing beast of an application, slicing and dicing everything!
The greatest benefit is being able to catch what we couldn't catch before, but also to have good reporting to show upper leadership. If anyone is thinking about using Oversight, or is unsure, just take a look at it. You'll be amazed!
Some of the biggest benefits we’ve received with Oversight is the change in employee behavior. The more employees we engage and make aware of the policy, the more the exception rate for the employee decreases.
Since using Oversight, we have been able to mitigate risk, see behavioral changes within the company to align with company policy, find duplications, and actually get those corrected before they're fully processed.
We had a small team of people managing the T&E process for thousands of employees around the globe. We could only do spot checks based on certain criteria so we knew we had gaps in our process. But manually reviewing so much data felt like I was trying to swallow the ocean.
The Oversight for Payments product module came with a library of predefined integrity checks. By enabling is to easily identify the root cause of errors, Oversight is helping us develop and implement best practices for our transactional processes.