Oversight

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AI-powered platform for risk and spend control, ensuring compliance and automating audits.

Collection time:
2024-06-23
OversightOversight

What is Oversight?

Oversight provides an AI-powered platform for risk and spend control. It uses financial analytics to uncover risk, ensure compliance, and automate audits for smarter, more efficient financial governance. The platform helps organizations identify hidden spend process breakdowns, detect fraud, and improve compliance across various functions.


How to use Oversight?

Oversight integrates with existing systems to monitor spend, identify anomalies, and provide insights into potential risks and compliance issues. Users can access reports, dashboards, and alerts to manage and resolve identified issues.


Oversight’s Core Features

AI-powered spend monitoring Risk identification and management Compliance automation Audit automation Vendor statement reconciliation


Oversight’s Use Cases

  • Monitoring travel and expense (T&E) spend to identify fraudulent or wasteful transactions.
  • Detecting unusual spending patterns in procure-to-pay (P2P) processes to prevent cash leakage.
  • Ensuring compliance with FCPA/OFAC regulations.
  • Automating vendor statement reconciliation to ensure accurate payments.

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