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Oversight Blog

Artificial Intelligence

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 str...

Artificial Intelligence Digital Transformation

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 aro...

Artificial Intelligence Accounts Payable

Accounts Payables Insights in 2021: A 4th Quarter Review

This time last year we talked about the significant shift in the world of Accounts Payable, as the department moves from a processing department to an...

Travel & Expense Artificial Intelligence Digital Transformation

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 the...

Procure-to-Pay Artificial Intelligence Accounts Payable

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 alon...

Artificial Intelligence Digital Transformation

4 Phases of Digital Transformation

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

Procure-to-Pay Travel & Expense Purchase Card Artificial Intelligence

Fortune 500 Company Improved Compliance and Saved Millions [Webinar]

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

Artificial Intelligence

Reinventing Leadership for the Age of Machine Intelligence

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...

Artificial Intelligence

How AI-Based Finance Process Automation Systems Continually Improve

As artificial intelligence (AI) continues to advance, there seems to be a growing fear that AI systems will replace humans in every conceivable profes...

Artificial Intelligence

How AI is Elevating Finance Jobs in the Back Office

In a fascinating podcast conversation with futurist and author Mike Walsh, Oversight’s Manish Singh shares his perspective on how artificial intellige...

Procure-to-Pay Travel & Expense Purchase Card Artificial Intelligence

How AI and Reason Codes Can Save Your Company Money

The world of corporate finance is rife with the potential risk for fraud, erroneous payments, and a whole slew of employee behaviors that add up over ...

Procure-to-Pay Travel & Expense Purchase Card Artificial Intelligence

[in]sight 2018 Oversight Annual User Conference Recap

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

Artificial Intelligence

How CFOs Can Tell the Difference Between Little Fence vs. Big Fence Issues

As any good CFO knows, there are significant risks in corporate finance that require the use of financial systems to monitor issues and prevent them f...

Company Culture Artificial Intelligence

The Biggest Challenges to Implementing AI and a Robo-Auditing System

If you’re a CFO looking to improve your company’s processes and save money by implementing a robo-auditor, you might be wondering where to start.

Company Culture Artificial Intelligence

How to Get Started with AI and Robo-Auditing

If you’re a CFO who’s decided to implement a robo-auditing system within your company, the question you’re probably asking yourself is: how do I get s...

Travel & Expense Company Culture Artificial Intelligence

3 Processes You Can Transform with Finance Process Automation

The key to making finance process automation successful at your company is not just the analytics but what actions you take based on that analysis. Yo...

Artificial Intelligence

A CFO’s Guide to Setting up a Robo-Auditing System

Artificial intelligence is making it possible for CFOs to improve their corporate financial systems in ways that once would have been unimaginable.

Artificial Intelligence

What Muscle Cars Can Teach CFOs about Less Restrictive Controls

One common obstacle that stops CFOs from implementing a robo-auditing system in their company is a lack of awareness surrounding the benefits of such ...

Artificial Intelligence

AI Makes Corporate Finance More Efficient

For decades, the world of corporate financial systems has been black and white. Auditors’ calculations on Excel spreadsheets were crisp, exacting, and...

Artificial Intelligence

The 4 Types of AI That All CFOs Need to Know About

If you’re a CFO, you’re probably familiar with the concept of using a financial auditing system that incorporates artificial intelligence, automation,...

Artificial Intelligence

Oversight Announces Keynote Speaker for [in]sight 2018 User Conference

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...

Artificial Intelligence

Embrace Artificial Intelligence AP Automation | From Factory to Office

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

Travel & Expense Artificial Intelligence

How Companies Can Avoid Falling Prey to T&E and P-Card Fraud

A once prominent physician fraudulently charges the same trip to Japan to three different employers, including two universities and a private firm. Ov...

Travel & Expense Artificial Intelligence

Harnessing AI and the Power of Patterns to Transform Your T&E Audit Process

Earlier waves of travel and expense (T&E) audit technology largely automated elements of the manual review. For example, audit functionality would...

Artificial Intelligence

Harnessing Artificial Intelligence to Deliver Real-Time Intelligence

As demand for data scientists in audit/Governance, risk management and compliance (GRC), and industry in general, outpaces supply, data science in a b...

Procure-to-Pay Travel & Expense Purchase Card Artificial Intelligence

17 Surprising & Not-So-Surprising Findings from 2018 ACFE Fraud Study

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...

Travel & Expense Artificial Intelligence

Forbes: The Robots are Coming to Corporate Finance

When you mention robots, most people think of Star Wars or those car-manufacturing assembly lines where giant, agile machines move heavy parts, make s...

Travel & Expense Artificial Intelligence

AI is (Already) Transforming Expense Management

Everywhere you look these days, artificial intelligence is changing our world – from self-driving cars to smart speakers like Alexa and Google Assista...

Travel & Expense Purchase Card Artificial Intelligence

6 Tips to Detect and Prevent T&E and P-Card Fraud Using Keywords

Identifying suspicious T&E and purchase card (P-Card) transactions requires more than simply the price or location of the transaction. You need to...

Travel & Expense Purchase Card Artificial Intelligence

Beware of Double-Dippers: 9 Scams to Look Out for in T&E Fraud & Misuse

Double dippers are everywhere. They lurk at your backyard barbecue and at your neighbor’s Super Bowl party. You know the type – like George Costanza i...

Procure-to-Pay Artificial Intelligence

Duplicate Invoice Payments: How to Avoid Cash Leakage in Accounts Payable

Duplicate invoice payments occur far more often than most realize, resulting in cash leakage. It’s estimated that companies make duplicate payments at...

Artificial Intelligence

Why 2018 will be the Year of Artificial Intelligence

I first learned about artificial intelligence (AI) sitting in a computer science class at University of California, Berkeley. I was immediately hooked...

Travel & Expense Purchase Card Artificial Intelligence

To Fight T&E Fraud and Waste, Focus on Repeat Offenders

When he’s on the road, Joe frequents gentlemen’s clubs on the company dime. Before she leaves on a business trip, Melissa boards her dog and later sub...

Travel & Expense Purchase Card Artificial Intelligence

5 Things that Make Auditing Expense Reports a Total Pain

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

Big Data Artificial Intelligence

Star Trek…The Next Generation of Business Intelligence

Our approach, and the approach that I believe is the next generation of business intelligence, is what I like to call the "Star Trek" approach. Even i...

Travel & Expense Artificial Intelligence

The Six-Million Dollar Man Meets Business Analytics

I remember as a kid watching the TV show “The Six-Million Dollar Man”; the scientists and doctors got together and made the man “better, stronger, fas...