Risk Management

Nothing gets by you now

Oversight AI empowers you to take a proactive approach to risk management. With active and continuous monitoring, you can identify risks as they happen and take immediate action to mitigate them.

Nothing Gets By You Now.

The risk is in the details

Every payment process has underlying risks that can impact any organization’s bottom line. While risk assessments can identify gaps in payment process controls, they often only occur every two to three years.

Oversight can detect risks within your vendor master, invoice payments, expense reports, and card transactions, including:

Data entry errors
Missing information
Duplicate and erroneous payments
Potential regulatory violations
Split transactions
Multiple reimbursement schemes
Unusual or suspicious activity

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Payables Monitoring

Analyze 100% of all transactions across your invoices, payments, and vendor data, in real-time, all the time.

Travel & Expense Monitoring

Spot the hidden patterns of fraud, waste and misuse embedded in corporate travel & expense reports.

Purchase Card Monitoring

Help your P-Card holders understand and support spend policies, and reduce overall transactions and risk.

Explore Oversight AI Technology

Helpful Resources

White Papers and Guides

The Next Era in Spend Management is AI and Machine Learning

The Next Era in Spend Management is AI and Machine Learning AI is pervasive within our consumer lives. This real-world technology makes our lives easier, helps us make more informed decisions, and saves time and money...

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The DOJ, the FCPA, and the Impact of the Yates Memo

The DOJ, the FCPA, and the Impact of the Yates Memo What It All Means, and How to Avoid Violations Using Data Analytics. A look at best practice approaches to identifying possible FCPA violations and...

White Papers and Guides

Expense Management & Transaction Monitoring: The Perfect Pairing for Mitigating Spend Risk

Expense Management & Transaction Monitoring: The Perfect Pairing for Mitigating Spend Risk A Whitepaper on the perfect pairing for mitigating spend risk: Expense Management & Transaction Monitoring

White Papers and Guides

How to Detect and Stop Fraud, Waste & Misuse in Employee Expenses

How to Detect and Stop Fraud, Waste & Misuse in Employee Expenses A Best Practices Guide Mitigating Purchase Card and Travel & Expense Risks

White Papers and Guides

Creating a Culture of Corporate Card Compliance

Creating a Culture of Corporate Card Compliance While travel cards and P-cards offer a certain level of convenience and distributed buying power, they can also significantly increase the chances for non-compliant spend behavior…

White Papers and Guides

Oversight for FCPA Transaction Monitoring

Oversight for FCPA Transaction Monitoring Our analytics look for behaviors or patterns of FCPA risk across expense reports and card transactions in T&E, or invoices and payments in AP

White Papers and Guides

Disarming Risk in Accounts Payable

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White Papers and Guides

Keys to Successfully Adopting an Integrated Risk Strategy

Keys to Successfully Adopting an Integrated Risk Strategy An integrated risk strategy is emerging as a best practice for connecting the three lines of defense to not only uncover and resolve spend risk, but to also improve compliance with better policy administration.

Spend Insights Report

Q3 2021 Spend Insights Report The New Normal for Travel & Entertainment:

Q3 2021 Spend Insights Report The New Normal for Travel & Entertainment: How increased Travel is Impacting Employee Compliance: While business travel remains significantly below pre-pandemic levels, down from Q3 2019 by 77.93%, there are signs that it is starting to rebound...

Spend Insights Report

SAP Concur + Oversight 2021 Spend Insights Report

SAP Concur + Oversight 2021 Spend Insights Report A better understanding of 2021 for a better view of 2022

Spend Insights Report

Q1 2022 Spend Insights Report

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Spend Insights Report

Oversight Spend Insights Report Fall 2022 Edition:

Oversight Spend Insights Report Fall 2022 Edition: A strategic look at spending and risk through mid-year 2022: Just when business, investment, travel, and work habits began approaching the “old normal”, the macro-economic climate...

See the latest trends

Webinars

Not Investing in Compliance Could be Costly

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Webinars

Oversight Resolution Service: Optimize Your T&E, P-Card, and Payables Program From Start to Finish

Oversight Resolution Service: Optimize Your T&E, P-Card, and Payables Program From Start to Finish See how our analysts work within your instance of the Oversight T&E, P-Card, or Payables solution to assist with key tasks, such as managing and resolving exceptions, developing standard operating procedures…

Webinars

Why Organizations Need AI to Monitor Card Spend

Why Organizations Need AI to Monitor Card Spend Learn how the University of Washington identifies where risk resides in T&E and P-Card spend, and creating a culture of compliance with Oversight

Webinars

The Biggest AP Mistakes in 2022 and How to Avoid Them in 2023

The Biggest AP Mistakes in 2022 and How to Avoid Them in 2023 Your ERP and AP automation platforms are not effective audit controls. Oversight helped our clients identify $232M in duplicate entries, overpayments, and fraud. $145M in split invoices. $74M in purchase order issues. Even the simplest keying errors are slipping past your internal controls…

Webinars

Survive the Shock Waves of Economic Upheaval

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Webinars

Discover the AP Process Control Secrets that Saved BNSF Railway Millions

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Spend Insights Report

Oversight's Spend Insights Report: Travel and Expense

Oversight's Spend Insights Report: Travel and Expense In this latest installment of our Spend Insights Report, we’ll look at Travel and Expense spend risk across the market and our client ecosystem for the entirety of 2022 and its effect on current spend trends in 2023.

Published Articles

Technology that is Changing the Financial Audit Function

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Read the Article PDF

Published Articles

Is AI coming for YOUR job? (Spoiler alert: No!)

Is AI coming for YOUR job? (Spoiler alert: No!) It seems endless. The talk of AI as a sinister and heartless job stealer. But, as Dustin Armstrong, a data scientist at Oversight, an industry leader in the application of Machine Learning to spend monitoring and financial risk reduction, argues, the reality is much more nuanced and way more positive.

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Published Articles

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Read the Article PDF

Spend Insights Report

Oversight's Spend Insights Report: Accounts Payable

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White Papers and Guides

Monaco Memo

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White Papers and Guides

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Examining the impact of the Foreign Corrupt Practices Act The FCPA was enacted to address the widespread problem of corrupt practices in international business transactions. Prior to the FCPA, bribery was often seen as a necessary cost of doing business overseas. However, the act changed that perception and made it illegal for companies to offer or make payments to foreign officials to obtain or retain business.

Published Articles

Forrester Spend Optimization Study

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Read the article PDF

Published Articles

Optimizing Financial Performance through Strategic Contract Analysis and Compliance Management

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Spend Insights Report

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Webinars

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Webinars

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Webinars

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