Oversight Blog

I loved growing up in the 80s and 90s when music was like, so much fun! If you are a member of Gen X like me, you may be singing to yourself after rea...

As the sun rises in 2022, most of us are taking the time to reflect on 2021 and what we would like the New Year to bring us, or not bring us. Am I rig...

The power of Artificial Intelligence (AI) and Machine Learning (ML) is a fascinating, yet controversial topic in today’s world. While listening to the...

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

As recently reported by the Center for Audit Quality, organization leaders must partake in proactive and regular assessments of corporate culture to m...

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.

In a recent Gartner survey, 82% of CEOs reported having a digital transformation initiative underway in their business.  What does that mean for Finan...

With the Tax Day deadline just a week away, you can’t escape the buzz of people either celebrating or lamenting their tax returns. It seems you’re eit...

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

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...

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...

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...

The adoption of artificial intelligence systems in the world of corporate finance has many benefits, among them the ability to spot issues before they...

Artificial intelligence is slowly taking over roles once reserved for humans. AI can now diagnose pneumonia more accurately than radiologists. In 20 y...

In this week’s blog, Oversight Systems account manager Stephanie R. Yates-Anyabwile discusses how she works with clients to optimize their travel and ...

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

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

We’re living in exciting times. Digital transformation has made tremendous advances in how we submit, approve, and pay expense reports over the last d...

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 transaction...

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...

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...

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...

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

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&...

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...

Fueled by a strong global economy, business travel spending is expected to grow by a healthy 6.8% in 2018, according to the Global Business Travel Ass...

On Valentine’s Day, your Facebook page is bound to be riddled with photos of your coupled friends taking off on romantic getaways to popular destinati...

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...

Artificial intelligence (AI) has recently received a lot of ink regarding the impact the technology will have on the workplace and the jobs we do.

Every company has a few employees who violate company travel policy repeatedly. It seems no matter how many times you remind them, they repeat policy ...

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 ...

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

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

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 Sp...

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...

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...

Ever heard of the project management triangle? It basically states that whenever you’re building something it can either be two of these three things ...

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

The Global Business Travel Association and American Express Global Business Travel teamed up recently to release a report on overall traveler satisfac...

I got very excited reading this great article, “Five Business Travel Fraud Schemes Tech is Dismantling,” because each of the five schemes mentioned is...

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 ...

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.

I know, I know. I’m raising a big question in the title of this blog. I’m asking the question because I recently read an article about how a thoughtfu...

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

A recent survey of 1,000 business travelers revealed that business travel fraud is costing businesses up to 2.8 billion per year. 

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...

The 2016 Concur Fusion conference was held in Las Vegas, NV at the Venetian Hotel. The week-long event was filled with gatherings related to the most ...

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:

Since 2015, many exciting things have happened at Oversight Systems, including the launch of a handful of new Insights in the T&E module. Let’s ta...

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...

During the week of January 11th, Oversight took part in Ignite, Concur’s annual sales kickoff event. Ignite attendees traveled from all over the globe...

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...

With Thanksgiving just around the corner, everyone is likely preparing for a big meal and time off with friends and loved ones. Also around this time ...

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

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...

Darkness falls. The hairs stiffen on the back of your neck. Fog ensues. These are familiar horror movie tropes, but I think they can also apply to a c...

This month I attended my first conference representing Oversight along with my colleague, Sam Haase. I was able to attend the Concur event at the McCo...

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

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-...

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...

It’s no secret that Oversight and Concur go together like Peanut Butter and Jelly (see our white paper on this very subject!) We love being a Concur 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 ...

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. Pr...

What happens if you put your hand into a bag of assorted marbles and pull out a handful? Well, there’s a chance that you’ll grab the red ones, but the...

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...

Mike Kenealy, COO of Insiders Integrity, is involved in a project on the Philippines designed to take on ethics at the local level.  The project has f...

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...

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...

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...

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...

My name is Sarah Zoloth—I am team lead for, and a member of, our Demand Generation team at Oversight. This means I have spent most of the last 10 mont...

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...

My name is Tyler Davis, and I started at Oversight over a year ago as a DG rep, then became an Account Executive. As one of the newer members of the O...

As the CEO of Oversight Systems, I particularly loved this post on Click Travel about “6 Things Your CEO Wants to Know About Business Travel.” Since O...

In case you missed it last week, I’m highlighting posts from the past year in the hopes of emphasizing topics you may have missed. Last week I covered...

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 ...

Tnooz recently republished a great infographic by Carson Wagonlit Travel compiling priorities within the TMC world from over 1300 respondents. While O...

Jonny Frank and Rex Homme do a nice job of succinctly addressing why transaction monitoring is the next “must have” anti-corruption tool (http://shar....

I recently conducted an interview with The Company Dime on the value of data management and it reminded me of a story I wanted to share with you. For ...

I confess to having grown weary of companies in the data analysis and/or compliance business that scream tales of fear, uncertainty, and doubt (AKA, “...

Oversight had the opportunity to participate in the Concur Ignite 2015 sales kickoff last week in Bellevue, Washington. Concur is a strategic Oversigh...

Oversight is excited to present our first white paper of 2015, “Expense Management and Transaction Monitoring, the PB&J of Finance.” Written speci...

Recently a prospective customer asked the question, “Since we are using Concur doesn’t it already do everything that your product does?”  One simple a...

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!

It has always been the thought that technology is supposed to help us do more, and do it better and faster than before. Unfortunately the theory and t...

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...

Original expense receipt requirements are an old school approach to expense control.  In fact, I saw a recent list of the top five reasons why most co...

I recently uncovered a great Entrepreneur article on five ways to reduce expense fraud. Although we have extensively covered this topic in a few of ou...

We don’t talk about the aspects of traveling much here on the blog, but today I wanted to comment on an interesting article on traveller friction. Man...

Football season is in full swing, and you’ve been living under a rock if you haven’t heard about the widely publicized scandal involving the Baltimore...

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

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...

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...

Expenses software giant Concur is always looking for ways to grow their partner network (Oversight is a partner and offers a connector for Concur cust...

In my previous blog post for Oversight, I detailed how Excel no longer cuts it for expense reporting. In the world of reporting and analysis, Excel is...

Forrester’s “The Power of Real-Time Insight” survey (done in conjunction with Oversight partner, Concur) is an interesting view of the realities of tr...

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...

Concur recently released a survey on the state of T&E spend (conducted in conjunction with Forrester Research.) We at Oversight are very excited a...

Consider this scenario: You are a travel program administrator at a Fortune 500 company. You are tasked with managing the travel program, making sure ...

I recently read a great blog on GTI Travel about how strict travel policies are absolutely necessary in order to save money and prevent waste and abus...

Back in March, Business Travel News unveiled their annual Corporate Travel Index. 2014 marked the 30th compilation of the average business traveler pe...

I enjoyed this article from Robert Kugel, and thoroughly agree with its premise: that big data and analytics can be leveraged to make better business ...

Did you know that behind payroll, T&E is your company’s largest discretionary expense? Travel and entertainment spending can represent as much as ...

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

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 ...

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 ...

The BCBS of Western New York case study featured in Business Travel News is a nice example of realizing the benefits of “inspecting what is expected”....

The recent article “How to Make Expense Reports Cool” in Fortune Magazine highlighted insights from the Concur CEO Steve Singh on the future of travel...

There’s an important cultural dimension companies should consider for Open Bookings. Do we have (or do we want to encourage) an empowerment culture? O...

Travel Market Report recently reported on how open booking demands a shift in the thinking of TMCs. With open bookings, travelers have more discretion...

A recent Fast Company article by Kim Goodwin forecasted what business travel will look like in 2014. The writer keenly noted: “One trend that was abun...

A recent piece in Travel Market Report notes this commentary from Harvard Business School visiting professor Thomas Davenport, Ph.D.: “For travel sell...