The Pioneer in AI for Financial Risk, Compliance, and Auditing Processes

Proven Record, Patented Technology

Oversight Insights On Demand® solution uses artificial intelligence (AI), guided machine learning, and evidential reasoning technologies to uncover hidden patterns of fraud, waste and misuse that would be impossible for a person to find.

Since 2003, many of the world's Fortune 2000 companies and government organizations have relied on Oversight’s auditing and compliance monitoring platform to stop fraud, waste, and misuse in their spending programs.

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Trusted By

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How Oversight's AI Technology Works

Automated Advanced Analytics

  • Automatically analyzes data to identify high-risk patterns and trends
  • Combines Boolean, statistical, time-based, behavioral, similarity analysis, evidential reasoning, guided machine learning, and adaptive analytics to understand the full context of exceptions
  • Delivers plain-language insights and one-click access to view all supporting information to understand exceptions
  • Leverages our data scientists' expertise to optimize your business processes
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Only Solution with 100% Visibility

  • Analyzes 100% of all transactions across time
  • Detects complex patterns of behavior and presents underlying transactions with supporting evidence
  • Runs multiple analytics in parallel and combines the results to present a complete view

Integrated Case Management for Faster Resolution

  • Provides an integrated case management system to resolve cases involving patterns of fraud, waste, high-risk activities, and repeat offenders
  • Acts on exceptions using integrated workflow with communication and audit trail functionality
  • Corrects problematic transactions and improves business processes
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Guided Machine Learning and Adaptive Analytics Get Smarter

  • Uses a combination of a self-learning platform and evidential reasoning to deliver comprehensive analysis
  • Trains the analytics through unsupervised learning and data derived from issue resolution
  • Allows users to set and modify the status for in-policy items that shouldn’t be flagged in the future
  • Detects problematic activity based on normal and abnormal behavior by learning from all data, company policies and system settings
  • Adapts analytics to get smarter based on data patterns and business trends

Oversight's AI Platform Can Be Up & Running Quickly

Data
Acquisition

Easy Data Acquisition from Major ERP and Expense Management Software

  • Automates data acquisition via pre-built integration with most spend management solutions such as SAP Concur, Oracle, SAP, TSYS, and major credit card providers such as American Express, Visa, and MasterCard
  • Accepts data feeds from hundreds of legacy and in-house applications
  • Allows the system to be up and running and processing data within hours
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Easy
Configuration

Configure Rules to Match Business Needs

  • Learns your business as you modify preconfigured parameters
  • Makes it easy to customize analytics parameters, including keywords, MCC risk, and dollar thresholds
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Faster
Resolution

Powerful User Interface for Faster Compliance

  • Provides plain-language alerts with built-in workflow, audit trails, and management dashboards
  • Intelligently prioritizes the potential business impact of the system's analytical findings
  • Assigns cases to individuals based on highest risk and priority
  • Speeds auditing and compliance by preventing recurring issues
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Automated Compliance

Automated Compliance Pays for Itself

  • Prevents cash leakage due to duplicate and improper payments, eliminating the need for recovery auditors
  • Decreases the level of effort to analyze anomalies by more than 50%
  • Reduces annual T&E spend by 2% to 5% by minimizing waste and other non-compliant spend
  • Increases scope from reviewing 20%-25% to reviewing 100% of transactions
  • Provides root cause visibility to identify training opportunities, increase policy awareness, and eliminate inefficiencies within business processes
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Security Matters

We take extensive measures to protect the privacy and security of your data.

We have implemented a robust SSAE 16 SOC 2 Type 2 certified security program covering the confidentiality, integrity, and accessibility of your data within our service. Our controls include:

  • Use of SOC 2 Type 2 data centers
  • PCI DSS v3 Self-Certified
  • Industry-standard strong encryption of data at rest and in transit
  • Data minimization: If we don’t need it we don’t want it
  • Compliance with European data protection regulations and the US-EU / US-Swiss Privacy Shield Frameworks

For more information about our data and privacy security measures, view our Data Management and Security Policy.

Insights On Demand Platform Overview
6 Tips to Improve Your Employees' T&E Spending Habits eBook
AI: Expense Fraud's New BFF PYMNTS.com Article