Oversight Blog

Organizations continue to experience notable shifts in employee spending behaviors and trends during the current COVID-19 pandemic and almost universa...

Since the COVID-19 pandemic began, organizations continue to see rapid change in employee spend behaviors.

For enterprise organizations, spend risk comes in many forms. Waste, misuse and fraud can result in devastating losses as the cost of these discrepanc...

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 ligh...

As the pandemic grounded enterprise sales teams and business travelers around the country in March, the impact on T&E -- especially on items like hote...

For the healthcare industry, spend risk takes a similar form to the typical challenges faced by other sectors – distributed employees are making purch...

For enterprises of all sizes, the current global pandemic is resulting in new spend behaviors. In fact, Oversight’s recent Spend Insights Report uncov...

For the organizations seeking to improve the management of enterprise spend risk, a best practice for connecting the three lines of defense has emerge...

While most organizations have business continuity plans in place to navigate crisis situations, the unknowns surrounding COVID-19 and its duration are...

Risk transformation is one of the most compelling aspects of your organization’s financial digital transformation. Regardless of where you are in your...

The Atlanta Journal-Constitution recently named Oversight a "National Standard of Top Workplaces" for 2020, based on the results of a third-party surv...

We’ve been talking a lot about financial digital transformation lately, so let’s take a high-level view of the objectives that drive this change.

In our blog, “What is Digital Transformation?” we mentioned that despite there being no concrete rules for transforming your organization, there are d...

Digital transformation is the latest buzzword across nearly every industry. Robotic process automation, augmented reality, virtual reality, and artifi...

In the age of digital transformation, the role of the CFO and other finance leaders is changing drastically.

Virtually all companies struggle with some level of fraud and non-compliance in their organization.

For the bulk of enterprises, spend audit is like a visit to the doctor today—symptoms get treated with very expensive medications but the underlying d...

Your ERP system is your system of record and source of truth. You rely on it to control business processes and stop cash leakage. And, you’ve invested...

Accounts payable recovery audits are common practice to identify losses that ERP systems fail to catch. But does a recovery approach use the right yar...

Where is your risk? For most large, global companies with thousands of employees disbursed across locations, this question is hard to answer.

The rise of deep learning and machine learning are radically changing our relationship to data. For evidence, look around you to see the impact that a...

[in]sight 2018 brought together customers from some of the world’s largest, most innovative companies for Oversight’s first-annual user conference at ...

We’re excited to announce that business futurist and author Mike Walsh will be our featured keynote speaker for [in]sight 2018 – Oversight Annual User...

For decades, manufacturers have been deploying robots to automate many production and operational processes. But now robots are moving rapidly into th...

Oversight Systems is proud to announce the appointment of our new Chief Executive Officer, Terrence McCrossan, a technology executive with more than 2...

Men, white-collar managers and staff, and younger employees are far more likely to commit expense fraud, according to new survey of 1,200 business tra...

The latest Report to the Nations: 2018 Global Study on Occupational Fraud and Abuse from the Association of Certified Fraud Examiners is full of inter...

The most wonderful time of the year is upon us. An expected 100 million Americans will travel during the holidays, taking time off to focus on family ...

Travelers have less confidence in airlines than ever before. IT meltdowns bring flights across the country to a halt. Oversold flights regularly ruin ...

Influencing and changing behavior can be tricky in the workplace, particularly when it comes to getting employees to alter their spending habits. Savi...

Bring out the candy corn; Halloween is just around the corner. It’s a time for frights and spooks, treats and, yes, one too many tricks. Thankfully th...

Expense report auditing remains a highly manual, difficult process for many organizations. So much so that many just skip it. Aberdeen reports that le...

In any travel program, you have compliant travelers and non-compliant travelers. People who almost always spend within policy and people who push the ...

Bleisure travel rose 1 percentage point last year to 37 percent of business travelers, according to the latest stats from GBTA. This number jumps to 4...

Spending on global business travel is expected to reach $1.6 trillion by 2020. While business travel budgets are expected to increase, your CFO would ...

You’ve probably said it before: “We don’t have a fraud problem.”

We’re big fans of travel and expense management software. Solutions like Concur, Certify, and Workday have enabled companies of all sizes to streamlin...

The ACFE found that 75% of employees who commit expense report fraud are engaged in another form of occupational fraud. These bad apples—employees who...

Now that the Foreign Corrupt Practices Act (FCPA) has been around for many years, the expectations from the DOJ have become clearer. Having compliance...

We have discussed in recent blogs that spending on global business travel is breaking records and is expected to continue rising – reaching $1.6 trill...

There’s been a lot of lip-service paid to “operationalizing compliance” since the Department of Justice’s Evaluation of Corporate Compliance Programs ...

Most of the companies we talk to recognize that manager approval of expense reports is a very ineffective control. It’s easy for managers to just clic...

Spending on global business travel is on the rise and expected to reach $1.6 trillion by 2020. That’s a 23% increase over last year. In the United Sta...

Do you need a Compliance Oversight Review Committee? I recently read Thomas Fox’s article in FCPA Compliance Report on this very topic. Fox advocates ...

To uncover fraud, waste and misuse in your company’s T&E program, you need only focus on a fraction of your travelers. Oversight’s third annual Spend ...

The potential changes coming to the regulatory landscape can get your head spinning. President Trump has demonstrated that he is ready to make changes...

Employees and managers have been given many wonderful tools to streamline the expense reporting process. Because of technology, employees have the mea...

Imagine this…you walk out of a business meeting on Friday. Instead of rushing to the airport with your carry-on in tow, you leisurely stroll to your h...

In 2017, most road warriors expect to travel for business about the same amount as they did this year, which is good for business. Business travel imp...

Millennials now make up the majority of the U.S. workforce and by 2020 will account for 50 percent of all business travel spending. But millennials vi...

Batter up! As we head into Major League Baseball playoffs, it’s a good time to revisit FCPA compliance. That’s right, I said FCPA compliance.

As part of our monthly “Company Culture” blog series, we’re publishing interviews with Oversight team members so clients and prospects can get to know...

Jo Maitland, Research Director for Infrastructure, Cloud Computing with Gigaom Research, invited our very own Patrick Taylor, CEO of Oversight, to tal...