CFO/Controller Support

With Oversight’s continuous monitoring solution, senior executives and managers have immediate insight into the health and well-being of their financial operations in the context of balanced scorecards, operational metrics, and control expectations. Continuous monitoring provides unparalleled enterprise visibility into errors, misuse, and fraud, delivering operational insight with a compelling ROI for a company's financial executives.

For example, Oversight's continuous monitoring enables financial executives to find mistakes or patterns of misuse in such business process areas as accounts payable, payroll and travel & entertainment. Found errors in these operational systems can mean an immediate ROI. Undetected overpayments cost companies in many ways, from off-the-top recovery costs to profit erosion to the negative impact on cash flow and carrying costs. Oversight’s automated continuous monitoring enables companies to detect and prevent this kind of financial leakage early in the process, and so efficiently that typical Oversight customers see a hard-dollar ROI within just months of implementation.

Few systems enable a company to achieve both the strategic protection from fraud and the operational insight that enables recovery of erroneous transactions. Because Oversight takes a comprehensive view across the entire spectrum of financial reporting systems, it can detect both honest clerical errors and more sophisticated acts of deception. And the Oversight solution monitors its own workflow system and notifies management of chokepoints, errors, and misuse – even potential collusion.