Oversight Launches New Fleet Card Analytics, Expanding Lead in Mitigating Spend Risk for Large Enterprises
Summary
This new capability was driven by customer requests to more effectively control spend taking place through employee fleet card purchases. “Fleet card programs can be multi-million dollar exposure points for organizations with large mobile workforces,” said Terrence McCrossan, CEO of Oversight Systems. By automatically analyzing 100% of all card transactions, Oversight’s solution applies proprietary analytics to detect suspicious spend activity based on an organization’s distinct risk profile and purchasing patterns. In addition to card programs, Oversight offers the unique ability to monitor Payables and eProcurement processes to create a single view of all employee-initiated spend within an organization. Oversight is trusted by the world’s largest companies and US government agencies to identify enterprise spend risk no matter where it resides in their organizations.
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