Validate the accuracy of all general ledger entries.
Your general ledger is the foundation of your financial statements. It’s also the window into the strength of your control environment. Manual and non-standard entries create financial risks that often elude detection. Oversight finds the errors and unusual activity for a more accurate close every month.
Manual and atypical journal entries create financial risks that often elude detection. Oversight analyzes entries to ensure corresponding debits and credits are recorded correctly and to confirm intra-company transfers and pre-paids follow expected norms.Learn More
Unusual general ledger postings could indicate fraudulent activity. Oversight protects you from financial loss – and public scrutiny – by detecting and alerting you to materially significant journal entries that are abnormal for your organization. We monitor each entry to spot anomalies, such as unnatural account pairings, and unusual amounts and users.Learn More
Despite approval processes and ERP controls, general ledger errors go undetected. Using AI and machine learning, Oversight analyzes 100% of your general ledger journal entries, uncovering questionable entries that can compromise the accuracy of your financial statements and expose you to risk.Learn More
Early detection of errors helps you close the books more quickly and confidently. Oversight alerts you to journal entry errors, such as duplicate entries, before you complete the close process so you can avoid any last-minute corrections.Learn More
“You are essentially flying blind if you do not have a tool like Oversight, because Oversight can analyze data in a way that the human eye cannot. I'd rather have Oversight than an army of people trying to do the analysis."
Director of Financial Process & Quality Improvement — American Bureau of Shipping
“The ROI on this tool has been 6.5x what we paid for it. We now have visibility into every single expense report, which is invaluable.”
Corporate Card Manager — Autodesk
“With Oversight, we have a tool to transform our audit process, so our team can redirect their time on value-added tasks to run the business."
Director Asset Protection and Chief Security Officer — HD Supply