NEWS & EVENTS

Message from the CEO

Even good employees can be tempted to break the rules. Rarely is it malicious. It's often rationalized as justified and fair, but that doesn't help your bottom line. Combine the rough economy, the convenience of p-card use and the holiday season, and you have a perfect scenario for needing increased monitoring of your p-card transactions.

This month, Oversight Systems will hold a free webinar: Best Practices for Monitoring P-Card Transactions. Did you hear about the $15,000 airline ticket bought with a company card? We can look at 100-percent of your transactions ensuring corporate compliance unlike the credit card company only concerned with unauthorized user fraud.

If you're interested in expanding your p-card program, reducing your exposure or creating a corporate culture of policy compliance, we'll show you some new techniques to get there.

– Patrick Taylor, President & CEO
– Oversight Systems

News

Consortium Establishes Best Practices for Card Program Continuous Monitoring

A consortium of Fortune 100 financial leaders met in October to set the foundation for establishing best practices around software-driven card program continuous monitoring.

Consortium members shared their experiences in implementing purchase and travel card technology to detect errors, identify policy violations, establish policy compliance standards and prevent fraud. Key takeaways from this meeting will be presented during the Best Practices for Monitoring P-Card Transactions webinars on November 18 and 19.

Oversight on CNN

In this CNN interview, Patrick Taylor tells some funny stories and gives a quick overview of measures your company can take to make sure that your p-card program is not exploited.

Watch the video.

Whitepaper

When nearly 4,000 employees are using a company-paid travel and entertainment credit card, there are bound to be some interesting expenses submitted. Here's a lesson on how one company changed employee behavior by reinforcing its expense policy through a combination of management encouragement and continuous monitoring technology.

Read Enforced Expense Policy Changes Employee Behavior.