August 9, 2016—Atlanta, Georgia— Oversight Systems, a leading operational expense analysis company, announces its CEO, Patrick Taylor has been invited to present at the 2016 MasterCard Public Sector Forum. With more than 13 years of helping the largest global business organizations transform risk management across their business processes, Mr. Taylor will join other industry experts in sharing key trends and progressive approaches to combatting fraud, waste and abuse. The traditional approaches to auditing for risk are subject to positive confirmation bias, apathetic manager approval and missing areas of potential risks due to the sheer volume of expense transactions.
“This is a unique opportunity to discuss the growing fraud and abuse trends with public sector professionals,” said Patrick Taylor, CEO of Oversight Systems. “With the right strategy and technology in place, public sector agencies can save real dollars that are lost through waste, abuse and outright fraud.”
2016 MasterCard Public Sector Forum
Omni Shoreham Hotel, Washington, D.C.
August 8-10, 2016
What: Best Practices for Combatting Fraud, Waste and Abuse
The expert panel will share best practices in identifying employee misuse and abuse. Topics will include tools, process and policies utilized, lessons learned and planned improvements. Attendees will learn how the traditional approaches to control risk – audit rules, manager approval and audit functions, are not sufficient to solving the potential risks across any organization.
BIO: Patrick Taylor, Chief Executive Officer
Patrick Taylor is an authority in the convergence of business analytics, information security and the implementation of technology to boost organizational performance. Mr. Taylor recognized that most IT-security and financial-system controls focus on user access and role management, but don't address how to convert ERP, CRM and other financial transaction resources into plain-language, actionable insights. After speaking with executives from across the country, Mr. Taylor launched Oversight Systems to pioneer the concepts and technology for continuous transaction analysis.
Connect with Oversight Systems
Oversight Insights On Demand™ is a web-based software solution that automates spending program compliance by comprehensively analyzing expense report, purchase card, and accounts payable transactions to identify fraud, non-compliant purchases, as well as inefficient and wasteful spending. Oversight enables companies to monitor business transactions for risk and to identify risky employee and vendor spending patterns. For more information visit: www.oversightsystems.com.