Oversight Systems Blog

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

Frankly, it’s not easy coming up with a short list of the most bizarre business expenses for all of 2018. Oversight analyzes more than $2 trillion in ...

The most wonderful time of year doesn’t just bring lots of nice holiday parties, gifts, and good cheer. Like the Grinch who stole Christmas, it also b...

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 ...

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

Watch out for the kids in costumes on the streets of your neighborhood tonight. It’s Halloween, the one night of the year for plenty of treats and a f...

From left: Neha Wood and Manish Singh, Oversight Systems; Todd DiPietro, Fidelity Investments; Kimberly Simpson, Fidelity Investments; Karen Irish, In...

Now that school is back in session, millions of parents are starting to see their back-to-school purchases show up on their monthly credit card statem...

We have seen a thing or two from working with hundreds of Fortune 2000 companies helping them transform their T&E audit process from a transactional e...

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...

There are two distinct mindsets when it comes to work travel: Business travelers who skimp when someone else is picking up the tab and those who splur...

$62.30. That’s the average amount that companies save per transaction with their corporate purchase card programs, according to the 2017 Purchasing Ca...

Gift cards can offer a convenient raffle prize for team outings. We see them handed out for a job well done, on special occasions, and birthdays. Unfo...

Whenever details are overlooked, problems arise. As the saying goes, “The devil is in the detail.” This idiom holds true in travel and expense (T&E) p...

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...

What do a hang glider, toilet paper, and a massage all have in common?

When is the last time you updated your travel policy? Many companies write their travel policy once and then forget about it. Despite the seemingly en...

Shuffling through the purchase card (P-Card) transactions in most organizations can reveal some strange things. We’ve seen some doozies come across sp...

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...

It’s said, “Good things come in pairs.” In the case of travel and expense (T&E) and purchase card (P-Card) transactions, this bit of wisdom could not ...

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 ...

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 ...

As summer winds down, do you know whether your corporate cards have been going on vacation with employees? It’s a valid question.

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...

What does that mean? Leading analyst firm Gartner recognized Oversight as a “Cool Vendor” in the Procurement and Sourcing Technology report. Of course...

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...

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 ...

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...

More frequently we read news alerts about cyber attacks. The scary notion is that the cyber world has become a dangerous arena where most anything goe...

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...

Our awesome technology partner, Concur, recently released a study that reveals how manual expense management is harming employees and companies. While...

I love this article by Tom Fox for Compliance Week. In the piece he states that ‘Tone at the Top’, while effective, is one of the most clichéd terms i...

Recently the Wall Street Journal published an article on how modern companies are using analytics to better assess risk and combat fraud. Although the...

I recently read this article in Computer Weekly about making fictional expense claims a thing of the past, and I enjoyed it.

Oversight has spent the last 13+ years analyzing the travel and expense transactions for many of the largest business organizations in the world. Afte...

We loved seeing this Information Week Article by Lisa Morgan on the “8 Reasons to Consider Insights-As-A-Service.” While some of the reasons given are...

When researching what a company is all about online, it’s easy to become overwhelmed by the amount of information available. Particularly with a compa...

Nearly a year ago a Delaware media outlet published a story on state workers and their astronomical fast food spending. State employees of Delaware ap...

Some believe that they only have two choices to improve compliance within their disbursement processes:

Whether or not you believe that Valentine’s Day is a money-suck, chances are you’ll buy flowers for that special someone in your life. To cover the ba...

2015 has come to an end. Can you believe it? If you’re like us at Oversight, you’re probably wondering where the year went. It seems like the days wen...

Prospects always want to know why our clients have selected Oversight Insights On Demand™, but rather than just the “why,” it’s nice to show them the ...

Last week, Oversight debuted the second annual Spend Analysis Report, a compilation of data gathered from an analysis of 16 million purchase card tran...

After many months of hard work, Oversight is proud to announce the release of its second annual Spend Analysis Report, on the state of spending within...

It’s that time of year again. You know the one—with the bird and the cinnamon and football. It’s time for friends and family and thankfulness. Unfortu...

On Tuesday, October 27th 2015 Oversight’s CEO Patrick Taylor participated in a joint webinar with the Anti-Fraud collaboration. The webinar featured M...

As most of you know, Oversight offers a free trial run of our software to qualified prospective customers. I’ve always been curious as to why any comp...

After twelve years of monitoring over 2 trillion transactions, you can bet we have uncovered a few ghosts and goblins. In fact, some of the charges ar...

During the trial process many of our prospects like to ask us this question: “Why did your clients select you?” This is an excellent question, and whi...

For any prospective client, an important step in evaluating the value of Oversight Insights On Demand is taking advantage of our Free Test Drive. This...

Coming just after Payroll, T&E is the second largest controllable expense for most companies, and it’s pretty standard practice now for companies to h...

I recently started to think about risk management in the context of T&E and P-Card compliance and monitoring solutions. Having traveled extensively in...

An outsider not in the corporate finance world may have never heard of a purchase card (or “P-Card” for short.) Similar to a corporate credit card, P-...

In our culture of increasing technical and social complexity, new technologies that are supposed to make our lives easier can actually create more wor...

Here are three of the most common objections I hear to people declining the FREE trial of our software.

My favorite Arnold Schwarzenegger movie is Kindergarten Cop (Twins is a close second). If you haven’t seen the movie (do so immediately), it’s about a...

A shocking study by the University of Notre Dame’s Mendoza College of Business has discovered that non-profit organizations make accounting errors at ...

Amid our recent efforts to become more prescriptive with our clients, we turned an article our CEO, Patrick Taylor, wrote for CMS Wire into a white pa...

Working as an account manager for Oversight Systems, I get a lot of questions from new customers who want to know about the system: Where do we start?...

For a long time, Oversight did things quite differently when it came to helping others monitor their T&E spending for fraud, waste, and misuse. Previo...

At Oversight, we’re lucky to have a CEO who takes time out of his busy week to contribute regularly to our blog. Being a thought leader in the data an...

On June 23rd I had the pleasure of co-hosting a webinar with Eric A. Sohn, Director of Business Product for Dow Jones Risk and Compliance. The webinar...

Google the phrase “travel manager” or “travel and expense” and a variety of news articles come up on any given day. It seems like in the last two year...

At Oversight, we’re always striving to create a better software platform and user experience for our customers. As such, we continually release update...

We hear a lot about “Compliance 2.0” in our industry, but what does this really mean?

The Financial Review article, “Business travellers use apps like Uber to escape bean counters - but the bosses are still watching” is a great example ...

Is it possible to have a truly global travel program? Business Travel News writers JoAnn DeLuna and Julie Sickel outline the objectives and challenges...

Oversight’s commitment to furthering thought leadership in our industry is evident in the white papers, reports, and blog content produced for both cu...

I love LinkedIn. I think the reason I love the platform the most is because it provides access to groups full of like-minded individuals in the data a...

Oversight writes a lot about T&E: how to make travel spending better, easier, and more compliant for businesses. For all our emphasis on T&E, we don’t...

I recently uncovered a super interesting article about an investigation into Pentagon employee’s spending a reported $950,000 at casinos and close to ...

The indictment of Washington state auditor Troy X. Kelley is a case study in the inter-connected activities of an alleged fraudster. As we have discus...

It has been a very busy April for the Oversight sales team, as two of our biggest events, Concur Fusion and the 16th Annual NAPCP Commercial Card and ...

Each week I’ve been aggregating great pieces of thought leadership we’ve put out on the blog that you may have missed. This week we’re focusing on Big...

Did you know that April is Fraud Prevention Month? It snuck up on me too. But it is perfect timing as this week I’m going to highlight some of Oversig...

For someone who happily resides in Georgia, the Dekalb County P-Card scandal with Commissioner Elaine Boyer hit very close to home. (Former DeKalb Cou...

Since March 2014, Oversight has published nearly 100 blog posts, the topics running the gamut from fraud prevention, ensuring FCPA compliance, busines...

My name is Ashlee and I started with Oversight in January 2014. I spent over a year on the Demand Generation team, driving sales for Oversight Insight...

When I came on board the marketing department at Oversight Systems, a little over a year ago, I was pleasantly surprised by the wealth of information ...

The Washington Post recently ran an editorial on the difficulties federal workers are facing nearly three years after the spending scandal over a lavi...

TSYS recently collaborated with the Global Business Travel Association (GBTA) Foundation on two surveys looking at the use of corporate T&E cards.  Th...

The new year has begun and Oversight is already on the road and making connections with current and prospective customers at some of the more popular ...

2014 has been a great year for Oversight. So great, in fact, that we wanted to highlight 10 moments and relive it all again. What a year!

Recent problems at the Georgia Institute of Technology (Georgia Tech) in the Georgia Tech Research Institute (GTRI) Advanced Concepts Lab are represen...

As Oversight moves forward into the holiday season, we wanted to take a moment to recap our big “wins” for the quarter. It’s been a banner year for Ov...

I recently read a great article from CFO.com about how Chief Financial Officers can generate more value in their offices. The article gives great tact...

As a published author, blogger and thought leader in the fraud risk management arena, I’m in the unique position of seeing global fraud trends across ...

Have you ever looked at the dashboards in your business intelligence tool and thought….what stunning conclusion am I supposed to see?

Oversight has been hard at work creating a white paper specifically for our customers who leverage purchase cards to manage their corporate spending p...

Last week, (October 22nd and 23rd) Oversight had the opportunity to present at Venture Atlanta. Venture Atlanta, for those who don’t know, is Georgia’...

Oversight recently released our first ever Spend Analysis Report for T&E. For this analysis we studied the behavior patterns of 160,000 travelers and ...

In this great blog by Syncsort, author Mary Hiers posits that there is a dearth of big data going to waste due to the fact that companies do not have ...

A few weeks ago, Oversight announced its first-ever Spend Analysis Report. For this compilation of data Oversight analyzed 10 million transactions, a ...

It’s the beginning of the National Football League (NFL) season in the US and the Barclay’s Premier League (BPL) season in England.  At the beginning ...

Last week, Oversight debuted its first-ever Spend Analysis Report, a compilation of data we gathered from an analysis of 10 million transactions. Thos...

It’s here! Oversight has released its first-ever Spend Analysis Report, a compilation of data from 10 million transactions and over $1 Billion in spen...

Oversight recently had the honor of being featured on a podcast for Pymnts.com. Katie Harrison, the Associate Product Director at TSYS, and Manish Sin...

At Oversight, we wait on pins and needles every other month for the analysis subject experts to reveal the latest white paper. We’ve already brought t...

In case you missed it, the Department of Justice filed a lawsuit in 2010 against American Express that challenges the practices of Amex (and many cred...

Our latest case study has been in the works for quite some time!  We are excited to unveil the latest study, as it is our first featuring a client on ...

If you keep up with the Oversight Blog, you know there are two things we cite regularly: The Hawthorne Effect, or the phenomenon that employees improv...

I have been following blogs by organizations that perform expense report auditing.  It’s a habit in my line of business, being the “software guy” who ...

Pierre Mitchell and Tony Darugar provoke some serious thoughts.  They both observe that “expense management” should really be “spend management” and t...

Oversight has done it again, and we are pleased to announce the debut of our May digital download, “2 Secrets to Fighting Company Card Fraud.”

In this article by Travel Weekly UK, a third of UK travel managers expect the number of business trips to increase in 2014. This of course means that ...

Last week, Oversight Systems traveled to Palm Springs, California to participate in the NAPCP 15th Annual Commercial Card and Payment Conference.  The...

Today's cloud-based travel and expense systems have significantly advanced since the days of manual report processing. These modern systems promise to...

One of the biggest challenges in data analysis is in the acquisition of the data.  Once acquired, the second greatest challenge is mapping the data in...

With the close of fraud prevention month, Oversight wanted to recap our favorite fraud prevention tips. How many of our examples below apply to your o...

I just got back from the Concur Fusion Exchange event in New York, and wanted to share my thoughts on the event.

Did you know it is National Fraud Prevention month? Since preventing fraud, misuse, and compliance violations in T&E, P-Card and AP programs is a main...

I recently was asked to write an article for Data Informed on the widespread adoption of purchasing cards and how companies can reap the benefits whil...

More transaction volume doesn’t always mean more important or more interesting from an audit perspective. A different type of value and perspective ca...

When analyzing your company’s card spend, it is common to study the areas where the majority of spend is occurring. The top N represent the highest ri...

From articles like the one recently published in Buying Business Travel to the topics I hear buzzing in customer conversations, the common denominator...

I used to think that for FCPA, Politically Exposed Persons (PEP) lists were “the bomb.” I thought that the lists were both a) required and b) THE key ...

Our business is based on automating the monitoring and analysis of 100% of the transactions in an organization’s business processes. For many of our c...

Proactively managing risk for corporate card programs for travel is a topic we routinely discuss with our customers. Controlling risk usually begins w...

The Beat recently published an opinion-based article entitled, The Business Reality of Open Booking that I thought presented a good opportunity for de...

Participating in DATA Demo Day yesterday reminded me why the fight to eliminate fraud, waste, and abuse in federal government is a fight that can be w...

Oversight is proud to be invited by the House Committee on Oversight and Government Reform, led by Chairman Darrell Issa, to present at the DATA Demon...