Atlanta Business Chronicle Includes Spend Management Provider as 2020 Pacesetter Award Winner
ATLANTA – August 20, 2020 – Oversight, the global leader in spend management technology, was named one of Atlanta’s fastest-growing companies during the Atlanta Business Chronicle’s 2020 Pacesetter Awards. Oversight ranked within the top 100 on the 2020 Pacesetters list and fifth in the highly competitive Finance and Financial Services category.
The Pacesetter Awards recognizes privately held companies within the 20 counties of Metro Atlanta based on a growth index formula, which takes into account impressive growth and revenue benchmarks. This year’s list was chosen among a record number of nominations in a highly competitive market.
“Oversight is ecstatic to be recognized as one of the fastest-growing organizations within Atlanta by the Atlanta Business Chronicle,” said Terrence McCrossan, CEO of Oversight. “Our team has dedicated itself to becoming the leading global provider of spend management technology, and this acknowledgment is proof that our efforts are paying off. We’re excited to continue to grow in our community as we innovate further.”
Oversight’s AI-powered platform addresses the spend risk in enterprise organizations by automating the analysis of card and vendor transactions, helping identify fraud, wasteful spend and errors quickly and easily. With Oversight, finance teams gain insights into spend data and improve company controls, all while reducing exposure to risk and improving compliance.
This recognition comes after a year of accomplishments and advancements for Oversight, including the launch of new platform enhancements to provide greater automation to help mitigate risk. In addition, Oversight was named a Top 10 Innovative Company in Georgia by the Technology Association of Georgia and was recognized as a National Standard of the Atlanta Top Workplaces 2020 by The Atlanta-Journal Constitution.
During the current pandemic, Oversight has provided insight into the growing risk in corporate spend as a result of organizations and employees functioning in unprecedented work environments, which is detailed in the company’s July 2020 Spend Insights Report.
The world’s largest companies and government agencies trust Oversight to find and manage enterprise spend risk no matter where it resides. Oversight’s AI-powered spend management platform monitors and analyzes 100% of spend transactions, reducing audit effort and eliminating data silos. With full visibility into spend, Oversight customers find and prioritize spend risk that would otherwise go undetected. By identifying fraud, misuse and process breakdowns, Oversight reduces out-of-policy spending by 70% while maximizing audit efficiency and eliminating cash leakage. https://www.oversight.com/