Detect Risk and Errors Through Automated Travel & Expense Audit.

What’s different about Oversight? Our end-to-end approach toward employee travel and expense auditing. Company managers weren’t meant to be expense report auditors. They are not trained as such and have other priorities. They are less likely to find discrepancies in an employee’s expense report. Automated expense management systems provide more controls and speed up the expense process, but human auditors are still needed. The mounds of data, across different ERP and expense management platforms, make it impossible for human auditors to stop cash leakage or change spending behavior.

Our robust end-to-end auditing systems help to create a culture of compliance. Oversight’s Pre-Payment System uses OCR to match expense line items to the MCC codes on the receipt to validate the expenses are legitimate (available only for Concur Expense).  

After the expense report has been processed, Oversight’s AI and advanced analytics looks at the employee’s historical expense claims to identify patterns of potential misuse, such as hotel rooms bought but no airline ticket purchased.