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One-Click Visibility to Repeat Offenders Helps Organizations Stop the Highest Fraud and Compliance RisksATLANTA, Jan. 09, 2018 (GLOBE NEWSWIRE) -- Oversight Systems is introducing powerful new features in its Insights On Demand™ software-as-a-service (SaaS) solutions that provide organizations with one-click visibility to resolve issues with the highest-risk repeat offenders who are responsible for most high-risk non-compliant travel and expense (T&E) transactions and fraud in the workplace. A JPMorgan survey estimates that US companies lose $1 billion annually to employee expense report fraud. According to Oversight’s research, 10 percent of business travelers commit nearly all high-risk spending, including out-of-policy and fraudulent transactions. Oversight Systems has enhanced its Insights On Demand platform with automated capabilities powered by amplified machine learning and advanced data analytics. These features include:
About Oversight Beginning in 2003, Oversight pioneered its patented artificial intelligence and guided machine learning to power the analytics engine of its Insights On Demand™ (IOD) auditing and compliance monitoring solution. Today, Insights On Demand is used by more Fortune 1000 businesses and government organizations than any other solution to analyze 100 percent of all travel and expense, purchase card and accounts payable transactions. Oversight’s powerful analytics engine, integrated dashboard and case management system detect and mitigate fraud risk, improve policy compliance and optimize business processes. For more information visit: www.oversightsystems.com. Connect with Oversight Contacts: |