Act on your biggest payment risks within seconds of detection. Using AI and machine learning, Oversight’s platform continuously monitors and analyzes 100% of your vendors, purchase orders and invoices immediately alerting you to potential fraud, errors, and waste before you make a payment.
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With a complete view of spend activity, you can better manage risk as well as identify opportunities. Oversight gives you the visibility needed to improve internal controls, track and document remediation efforts, and capitalize on negotiated discounts.
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Stop duplicate payments, and improper POs and invoices before they are processed. Our patented and proven analytics identify anomalies in your payables data, including unusual buying activities, split purchases and ghost vendors.
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Stay above board by avoiding risky vendors. Oversight vets your vendors and evaluates your transaction data based on national, global and government watchlists, including the Office of Foreign Asset Control SDN list and politically-exposed individual list, to keep you clear of regulatory issues and ensure you meet FCPA requirements.
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Duplicates in your vendor master can be precursors to duplicate invoices. Oversight helps de-risk your vendor master, identifying duplicate and invalid vendors as well as incomplete records.
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