Drive better spending decisions to reduce costs and fraud risk.
While online procurement programs provide guardrails for employee purchasing, there’s still leeway for them to make purchasing decisions that aren’t always in the company’s best interest. Oversight helps maximize the value of your catalog spend by analyzing actual purchase behaviors and identifying leakage from sub-optimal decision making and off-contract spend, as well as risky activities, such as excessive purchasing and fraud.
Spending behaviors, including spot buys or text buys, can deflate your purchasing power. Oversight scrutinizes every PO line, helping you identify and curtail off-contract spending while consolidating volume discounts and rebates.Learn More
Complete visibility can tip you off to excessive spending and risky behaviors, such as split purchases. Using patented analytical capabilities, we look across your data to alert you to immediate issues and detect patterns of unusual spend activity that could indicate potential fraud, misuse and abuse.Learn More
It’s easier to plug the gaps in your internal controls when you know what normal buying behavior for your company is and what it’s not. Oversight supplies the knowledge and communications workflow you need to strengthen your controls, modify employee behavior, and build a culture of compliance.Learn More
To build a more cost-effective and appropriate catalog program, you need insight into spend activity. Oversight provides a lens into employee purchasing behavior, arming you with the end-to-end visibility you need to identify non-compliant activity, as well as pinpoint opportunities, such as fine-tuning approval thresholds.Learn More
“You are essentially flying blind if you do not have a tool like Oversight, because Oversight can analyze data in a way that the human eye cannot. I'd rather have Oversight than an army of people trying to do the analysis."
Director of Financial Process & Quality Improvement — American Bureau of Shipping
“The ROI on this tool has been 6.5x what we paid for it. We now have visibility into every single expense report, which is invaluable.”
Corporate Card Manager — Autodesk
“With Oversight, we have a tool to transform our audit process, so our team can redirect their time on value-added tasks to run the business."
Director Asset Protection and Chief Security Officer — HD Supply