High transactional volumes, lengthy audit processes (manual, sample-based), Separate teams to monitor each area of spend, Inability to identify trends, track behavior, or influence change.
Implement Oversight's payables Solution
Avoided $100K duplicate payment, $460K in erroneous spend identified, Now monitoring 100% of their transactions, Recovery and prevention of duplicate payments.
“We didn’t think we had that big of a problem, but it was bigger than we knew”, said Clint Merritt, Executive Director, Financial Management Operations. “With Oversight we can identify common policy violations and can track violations by employee.”
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