Oversight Systems Silver Sponsor of MIS Training Institute’s 6th Annual Summit on Auditing and Governance
CEO Patrick Taylor to Speak on Panel Addressing "Corporate Governance Products and Services: What Is Next?"
ATLANTA (November 6, 2007) – Oversight Systems, the leading provider of automated continuous monitoring solutions, today announced that it is pleased to be a Silver Sponsor of the MIS Training Institute's 6th Annual Summit on Auditing and Governance, being held in New York City Dec. 3-4, 2007. This event is a practitioner's guide to implementing and refining risk-based governance, and features the latest analysis of PCAOB pronouncements from leading experts, as well as updates on the most pressing concerns in corporate governance today.
Oversight Systems CEO Patrick Taylor will participate in one such update, sitting on a panel that will explore the topic, "Corporate Governance Products and Services: What Is Next?" This session will look at the ways in which corporate governance and auditing technologies, such as Oversight Systems' continuous transaction monitoring, will enable companies to comply in less time, for less money. For example, these solutions can identify and address risks earlier in the process, when they are less costly to remediate. The panel will also discuss the under-utilization of technology and services – where companies miss opportunities to automate – and the probable costs in terms of overhead, accuracy and exposure to error, misuse and fraud.
During the summit, Oversight Systems will also demonstrate its leading software solution for continuous monitoring of financial processes, with real-time transaction inspection to identify and reduce errors, control exceptions and eliminate fraud. By automating the testing and analysis of auditors and fraud examiners against every transaction across multiple financial systems, Oversight ensures the quality of financial processes as it reports on the effectiveness of internal control systems.
Benefits of Real-Time Transaction Monitoring
- Analyze transactions across multiple financial systems and various technology platforms
- Ensure financial process accuracy by inspecting for quality at every transaction
- Eliminate the need for recovery auditors with real-time detection of payment errors
- Address fraudulent financial reporting risk by inspecting General Ledger postings for
About Oversight Systems, Inc.
Oversight takes continuous monitoring to the next level by combining an audit data warehouse, advanced analytics and workflow into a single, integrated, application. By inspecting each step of individual transactions across systems, Oversight identifies errors, control violations and fraud to drive higher levels of performance and compliance. Oversight's platform automates the entire life cycle finding problems in business processes, fixing those problems and proving the problems were resolved. Oversight is the solution of choice for those CFO's, CIO's and CISO's serious about compliance and enhancing their financial performance. For more information, visit www.oversightsystems.com.
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