AI Corporate Expense Management | How AI Can Uncover Hidden Expense Fraud
Staying ahead of fraud in the corporate world can be a challenge. Expense management is one of the most easily defrauded systems in a corporation. …
Split Transactions Can Signal Potential Purchase Card Abuse
Employee Purchase Cards, or P-Cards, are work credit cards that allow employees to make smaller, routine purchases. P-Cards can lower operational …
11 Statistics Why No Organization Is Immune To Financial Fraud
Organizations around the world lose approximately five percent of their annual revenues to financial fraud, according to a survey by The Association …
Will AI Replace Humans in Finance?
One of the most effective and intimidating advancements in finance is the adoption of artificial intelligence (AI) to transform the industry with …
CFO’s on a Rising Tide of Change
If you’re lucky enough to be in charge of an organization’s finances, you’ve had your share of headaches. Perhaps none have been as pervasive as the …
Is Digital Transformation Dead? Our Thoughts One Year Later
The Reality of Automating Technology Digital transformation has been a buzzphrase for organizations in recent years. In reality, the term has been …
How AI and Machine Learning Can Increase Insights to Overall Spend
The power of Artificial Intelligence (AI) and Machine Learning (ML) is a fascinating, yet controversial topic in today’s world. While listening to …
How Artificial Intelligence (AI) Can Help Prevent Duplicate Payments
Did you ever pay an invoice twice? Did you ever find out later that you did? According to the Institute of Internal Auditors, duplicate payments …
My Ten Craziest Payables Stories
An excerpt from “The Autobiographical Account of the World’s Most Controversial Employee” I have to confess: I’m not the only one living big. Indeed, …
Nothing Gets by You Now
“Nothing gets by you now.” It’s something you’ll be hearing from us more frequently. It’s our rallying cry. Our stake in the ground. Our promise to …
My Ten Most Outlandish Expenses
An excerpt from “The Autobiographical Account of the World’s Most Controversial Employee” You see, it’s a common misconception that the world’s most …
Detect the Duplicate, Disarm the Risk
Year after year, organizations are losing millions in duplicate payments. Even the world’s most effective AP departments will encounter duplicates at …
What is Spend Risk?
Risk is defined as exposure to the chance of injury or loss, or a dangerous gamble. For an enterprise organization, risk is not something to take …
Four Predictions for Corporate Spend in 2021
The early months of 2021 continue to prove the uncertainty surrounding COVID-19. While we continue to face questions around its sustained impact, we …
Improving Employee Compliance & Policy Awareness to Minimize Spend Risk
Due to the pandemic and the resulting increase in remote work, a great deal of new spend risk is floating around today’s organizations.
Spend Risk Examined: A Culture of Compliance
In the fifth installment of Oversight's "Spend Risk Examined" podcast, Chief Client Officer Nathanael L'Heureux shares the benefits of building a …