Oversight’s Travel & Expense Monitoring solution uses advanced AI to audit and analyze every expense report, receipt, and card transaction in real time. Unlike traditional systems that rely on OCR, keyword checks, and random sampling, Oversight uncovers hidden risks, fraud, and policy violations embedded in patterns and behaviors that legacy tools miss. It transforms T&E monitoring into a high-impact control that improves compliance, reduces manual effort, and delivers measurable results.

Features

• Pre- and Post-Payment Analysis: Monitors risk across the entire financial lifecycle, combining pre-payment controls with post-payment analytics for deeper insights.
• AI-Powered Receipt Analysis: Goes beyond OCR to automate itemization, classify line items, detect duplicates, flag manipulated or AI-generated images, and identify fake receipts. Includes foreign receipt translation and automatic compliance rule application.
• Global Risk Modeling: Uses machine learning trained on millions of anonymized transactions and auditor decisions to detect emerging fraud patterns and auto-resolve low-risk items.
• Automated Workflows: Intelligent case assignment, built-in email templates, and automated routing of high-risk transactions to the right auditors.
• Real-Time Insights: Dynamic dashboards track risk trends, spending behaviors, and compliance impact.
• Continuous Monitoring: Near real-time review of 100% of expenses, invoices, and receipts.
• Automatic Resolution: Auto-resolves low-risk items and automates approvals, rejections, and follow-ups.

Benefits

• Catch Hidden Risks: Detect fake receipts, personal spend, duplicate submissions, and policy drift across reports and employees.
• Audit at Scale: Monitor all transactions without increasing headcount, allowing teams to focus on high-risk areas.
• Reduce False Positives: Confidence scores and deep learning reduce noise and improve audit accuracy.
• Improve Compliance Outcomes: Faster, more accurate resolution of issues with minimal manual intervention.
• Enhance Employee Experience: Streamlined compliance processes that don’t slow down employees.
• Drive Measurable Results: Proven impact on fraud prevention, policy enforcement, and cost savings.