Oversight Systems Blog

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How a Fortune 500 Company Improved Compliance and Saved Millions [Webinar]

Where is your risk? For most large, global companies with thousands of employees disbursed across locations, this question is hard to answer.

Artificial Intelligence

Reinventing Leadership for the Age of Machine Intelligence

The rise of deep learning and machine learning are radically changing our relationship to data. For evidence, look around you to see the impact that a...

Artificial Intelligence

How AI-Based Finance Process Automation Systems Continually Improve

As artificial intelligence (AI) continues to advance, there seems to be a growing fear that AI systems will replace humans in every conceivable profes...

Artificial Intelligence

Podcast: How AI is Elevating Finance Jobs in the Back Office

In a fascinating podcast conversation with futurist and author Mike Walsh, Oversight’s Manish Singh shares his perspective on how artificial intellige...

Procure-to-Pay Travel & Expense Purchase Card Artificial Intelligence

How AI and Reason Codes Can Save Your Company Money

The world of corporate finance is rife with the potential risk for fraud, erroneous payments, and a whole slew of employee behaviors that add up over ...

Procure-to-Pay Travel & Expense Purchase Card Artificial Intelligence

[in]sight 2018 Oversight Annual User Conference Recap

[in]sight 2018 brought together customers from some of the world’s largest, most innovative companies for Oversight’s first-annual user conference at ...

Artificial Intelligence

How CFOs Can Tell the Difference Between Little Fence vs. Big Fence Issues

As any good CFO knows, there are significant risks in corporate finance that require the use of financial systems to monitor issues and prevent them f...

Company Culture Artificial Intelligence

The Biggest Challenges to Implementing AI and a Robo-Auditing System

If you’re a CFO looking to improve your company’s processes and save money by implementing a robo-auditor, you might be wondering where to start.

Company Culture Artificial Intelligence

How to Get Started with AI and Robo-Auditing

If you’re a CFO who’s decided to implement a robo-auditing system within your company, the question you’re probably asking yourself is: how do I get s...

Travel & Expense Company Culture Artificial Intelligence

3 Processes You Can Transform with Finance Process Automation

The key to making finance process automation successful at your company is not just the analytics but what actions you take based on that analysis. Yo...

Artificial Intelligence

A CFO’s Guide to Setting up a Robo-Auditing System

Artificial intelligence is making it possible for CFOs to improve their corporate financial systems in ways that once would have been unimaginable.

Artificial Intelligence

What Muscle Cars Can Teach CFOs about Less Restrictive Controls

One common obstacle that stops CFOs from implementing a robo-auditing system in their company is a lack of awareness surrounding the benefits of such ...

Artificial Intelligence

AI Makes Corporate Finance More Efficient

For decades, the world of corporate financial systems has been black and white. Auditors’ calculations on Excel spreadsheets were crisp, exacting, and...

Artificial Intelligence

The 4 Types of AI That All CFOs Need to Know About

If you’re a CFO, you’re probably familiar with the concept of using a financial auditing system that incorporates artificial intelligence, automation,...

Artificial Intelligence

Oversight Announces Keynote Speaker for [in]sight 2018 User Conference

We’re excited to announce that business futurist and author Mike Walsh will be our featured keynote speaker for [in]sight 2018 – Oversight Annual User...

Artificial Intelligence

From Factory Floor to Back-Office: Shaw Industries Embraces AI and Finance Process Automation

For decades, manufacturers have been deploying robots to automate many production and operational processes. But now robots are moving rapidly into th...

Travel & Expense Artificial Intelligence

A Cautionary Tale: How Companies Can Avoid Falling Prey to T&E and P-Card Fraud

A once prominent physician fraudulently charges the same trip to Japan to three different employers, including two universities and a private firm. Ov...

Travel & Expense Artificial Intelligence

Harnessing AI and the Power of Patterns to Transform Your T&E Audit Process

Earlier waves of travel and expense (T&E) audit technology largely automated elements of the manual review. For example, audit functionality would fla...

Artificial Intelligence

Harnessing Artificial Intelligence to Deliver Real-Time Intelligence and Business Process Improvements

As demand for data scientists in audit/Governance, risk management and compliance (GRC), and industry in general, outpaces supply, data science in a b...

Procure-to-Pay Travel & Expense Purchase Card Artificial Intelligence

17 Surprising (and Not-So-Surprising) Findings from the 2018 ACFE Fraud Study

The latest Report to the Nations: 2018 Global Study on Occupational Fraud and Abuse from the Association of Certified Fraud Examiners is full of inter...

Travel & Expense Artificial Intelligence

Forbes: The Robots are Coming to Corporate Finance

When you mention robots, most people think of Star Wars or those car-manufacturing assembly lines where giant, agile machines move heavy parts, make s...

Travel & Expense Artificial Intelligence

AI is (Already) Transforming Expense Management

Everywhere you look these days, artificial intelligence is changing our world – from self-driving cars to smart speakers like Alexa and Google Assista...

Travel & Expense Purchase Card Artificial Intelligence

6 Tips for Using Keywords to Detect and Prevent T&E and P-Card Fraud

Whenever details are overlooked, problems arise. As the saying goes, “The devil is in the detail.” This idiom holds true in travel and expense (T&E) p...

Travel & Expense Purchase Card Artificial Intelligence

Beware of Double-Dippers: 9 Scams to Look Out for in T&E Fraud & Misuse

Double dippers are everywhere. They lurk at your backyard barbecue and at your neighbor’s Super Bowl party. You know the type – like George Costanza i...

Procure-to-Pay Artificial Intelligence

Duplicate Invoice Payments: How to Avoid Cash Leakage in Accounts Payable

Duplicate invoice payments occur far more often than most realize, resulting in cash leakage. It’s estimated that companies make duplicate payments at...

Artificial Intelligence

Why 2018 will be the Year of Artificial Intelligence

I first learned about artificial intelligence (AI) sitting in a computer science class at University of California, Berkeley. I was immediately hooked...

Travel & Expense Purchase Card Artificial Intelligence

To Fight T&E Fraud and Waste, Focus on Repeat Offenders

When he’s on the road, Joe frequents gentlemen’s clubs on the company dime. Before she leaves on a business trip, Melissa boards her dog and later sub...

Travel & Expense Purchase Card Artificial Intelligence

Checking Twice: Find Out Who’s Been Naughty or Nice in Corporate Spending

The most wonderful time of the year is upon us. An expected 100 million Americans will travel during the holidays, taking time off to focus on family ...

Travel & Expense Artificial Intelligence

Control T&E Expenses: 5 Things Every CFO Should Keep Top of Mind

As a significant operating expense for most entities, travel and entertainment (T&E) is an easy target for any CFO wanting to drive cost reductions ac...

Travel & Expense Artificial Intelligence

Airport Upgrades, Apps and Travel Policies - The Future of Corporate Travel

Travelers have less confidence in airlines than ever before. IT meltdowns bring flights across the country to a halt. Oversold flights regularly ruin ...

Travel & Expense Artificial Intelligence

Artificial Intelligence has arrived – and will improve your expense report audit process

Businesses from every industry are in a frenzy about how Artificial Intelligence (AI) is transforming how we work, and where we apply our human reason...

Travel & Expense Purchase Card Artificial Intelligence

5 Things that Make Auditing Expense Reports a Total Pain

Expense report auditing remains a highly manual, difficult process for many organizations. So much so that many just skip it. Aberdeen reports that le...

Travel & Expense Purchase Card Artificial Intelligence

4 Tips to Get Your CFO on Board with Automated Expense Report Audit Technology

Spending on global business travel is expected to reach $1.6 trillion by 2020. While business travel budgets are expected to increase, your CFO would ...

Big Data Artificial Intelligence

Star Trek…The Next Generation of Business Intelligence

Our approach, and the approach that I believe is the next generation of business intelligence, is what I like to call the "Star Trek" approach. Even i...

Travel & Expense Artificial Intelligence

The Six-Million Dollar Man Meets Business Analytics

I remember as a kid watching the TV show “The Six-Million Dollar Man”; the scientists and doctors got together and made the man “better, stronger, fas...