Travel and Expense Management platforms and manual approvals do not prevent errors, policy violations, or fraud. Oversight validates 100% of travel-related expenses to identify concealed risks and improve compliance.
Spots patterns of risk and its impact, prompting you to take immediate action to stop the threats that cause cash leakage. By eliminating duplicate and overpayments, and minimizing the cost of spend risk mitigation, we guarantee a 5x return on the cost of your first year’s subscription
With Oversight, you can:
- Continuously monitor and alert your auditors to unusual spending behavior, non-business purchases, and other inappropriate transactions.
- Use indicators to identify and prioritize risky transactions, the system prompts immediate action for reviewing exceptions, addressing concerns right away, and mitigating the root cause of confirmed issues.
- Review exceptions, expose fraud, monitor every transaction, communicate with employees, escalate issues, reinforce policy compliance, and capture audit trails all in one place.