A new video featuring expert Michael Cangemi, former president and CEO of Financial Executives International (FEI) and finance director of Hartstone Group, talks about how continuous monitoring is a critical component to companies’ big data analytics strategy. The main take away is that by continuously monitoring, analyzing and taking action on recommended insights you can [...]
Thank you to Forbes magazine for recently giving some much needed attention to the anti-corruption issue of timing and disclosure of improper corporate conduct. It is truly astonishing to think that in today’s business world there rests a notion that an FCPA transgression can be kept secret. Don’t companies readily see that their good practices [...]
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Last week the Gartner Group laid out “10 critical tech trends for the next five years”. At Oversight we are excited to see that one of those key trends is: Actionable Analytics. According to a recent NetworkWorld article discussing Gartner’s trends “volume, variety, velocity and complexity” of Big Data is “forcing changes to many traditional [...]
A recent Network World article highlighted Gartner’s forecast that Big Data will drive $34 billion of worldwide IT spending in 2013 up from $28 billion in 2012; and by 2018 Big Data will be ‘table stakes’ in information management practices. The first wave of Big Data has been all about exploration and the discovery of [...]
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There is no doubt that many multinational corporations struggle with anti-corruption compliance. The changing regulatory landscape calls for higher regulatory expectations and increased enforcement of the Foreign Corrupt Practices Act (FCPA). On top of this, research shows that the average cost of FCPA enforcement and remediation is well over the $100 million mark. How do [...]
Oversight 5.0 extracts and analyzes data from leading financial and ERP systems to help companies and government agencies improve financial business processes ATLANTA—September 16, 2009 — Oversight Systems, the leader in continuous controls monitoring for transactions and master data (CCM-T/MD), today announced that Oversight™ Systems 5.0 is helping companies guard against transaction fraud, misuse and errors. [...]
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Independent expert Chris McKittrick talks with Oversight Systems about the “tone at the top” and how it effects ethics and transparency at a business.
An explanation by Oversight’s Chris Rossie on how continuous transaction monitoring software eliminates improper payments giving an automated solution for A-123 and IPIA compliance requirements.
A look at ARRA, also know as the Recovery Act, and how there is a great risk of fraud, misuse and error that can be controlled with CCM. Oversight has a track record of success with other government agencies to the tune of $350 million in savings for the Department of Defense alone.
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