Oversight Systems

Insights On Demand

4.5 / 5 12 reviews

Who Uses This Software?

Fortune Global 5000 companies and government agencies.


Average Ratings

12 Reviews
  • 4.5 / 5
    Overall
  • 4 / 5
    Ease of Use
  • 5 / 5
    Customer Service

Product Details

  • Free Demo
    Yes
  • Deployment
    Cloud, SaaS, Web
  • Training
    Documentation
    Live Online
    In Person
  • Support
    Business Hours
    24/7 (Live Rep)

Vendor Details

  • Oversight Systems
  • www.oversightsystems.com
  • Founded 2003
  • United States

About Insights On Demand

Oversight Insights On Demand is a web-based software solution that automates spending program compliance by comprehensively analyzing expense report, purchase card, and accounts payable transactions to identify fraud, non-compliant purchases, and wasteful spending. Through visibility into the interaction between policy and behavior, Oversight offers opportunities for ongoing improvement, and helps organizations transform how they are managing risks in their spending programs.


Insights On Demand Features

  • Compliance Management
  • Dashboard
  • Exceptions Management
  • Internal Controls Management
  • Issue Management
  • Multi-Year Planning
  • Risk Assessment
  • Archiving & Retention
  • Audit Trail
  • Controls Testing
  • Environmental Compliance
  • FDA Compliance
  • HIPAA Compliance
  • ISO Compliance
  • OSHA Compliance
  • Risk Alerts
  • Sarbanes-Oxley Compliance
  • Version Control
  • Access Security Management
  • Check Fraud Monitoring
  • Custom Fraud Parameters
  • For Banking
  • For Insurance Industry
  • Internal Fraud Monitoring
  • Investigator Notes
  • Pattern Recognition
  • Transaction Approval

Insights On Demand Reviews Recently Reviewed!

Oversight¿s client support team is above reproach for trying to deliver best in class product

Sep 01, 2017
4/5
Overall
3 / 5
Ease of Use
3 / 5
Features & Functionality
4 / 5
Customer Support
3 / 5
Value for Money
Likelihood to Recommend: 8.0/10 Not
Likely
Extremely
Likely

Pros: Constant state of improvement is driving the easy of use to a better level as usability is tweeked and augmented.
The client support team is above reproach for trying to deliver best in class product. I enjoy working with them as we try to make a better product usable for the business entity.

Cons: Time consuming to review all the exceptions for a unique entity which does valid business which otherwise would not be normal business situations, i.e. many false positive exceptions. Which is in part due to the described experience in a few words... no continuity since implementation through usability customizations for being said unique entity.
I would like to always get direction on where to make a right when we hit a red light with the system and reviewing the systems short comings, 90% hitting this "benchmark".

Overall: Contributing to the information technology development, e.g. creating value.

A great tool for overall snapshot analysis and trending

Jul 19, 2017
5/5
Overall
4 / 5
Ease of Use
3 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
Likely
Extremely
Likely

Pros: Ability to trend, scrub data, and review on various levels large amounts of data. Navigation between dashboards and action platform is extremely easy, and useful in demonstrating findings to various business units.

Cons: Certain glitches make the data difficult to analyze in some instances, eg Attendee data. The current system summarizes in a way that provides multiple false positives. The hotel analysis is also inconsistent with our internal thresholds. THe ability to provide company specific price thresholds to analyze would be useful.

Overall: Quick data review to find fraud, etc.

Working with the Oversight team is fantastic, I couldn't ask for better business partners!

Jul 11, 2017
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
Likely
Extremely
Likely

Pros: The oversight team is invested in making the tool applicable to our business model. They listen to how we use the tool, what insights are valuable and which are not. We work collaboratively to find a solution that works best for our business needs. The onsite visits are particularly valuable, getting to run through case studies and see the new products rolling out as well as meeting the team has made our partnership stronger.

Cons: As with every solution on the market, development, and innovation takes time. There have been a few suggestions that my team has made where the answer was, we don't have that capability yet, but it's coming soon. It's great to hear that their direction is running parallel with our needs, we just have to be patient.

Overall: The main benefit for my team is the visibility Oversight provides. We don't have the bandwidth to review all transactions every month. Oversight triages the data and tells us right where to start with our reviews. We're able to more efficiently investigate concerns and resolve inquiries.

Using Oversight has dramatically changed the way we look at T&E

Jul 05, 2017
4/5
Overall
4 / 5
Ease of Use
4 / 5
Features & Functionality
5 / 5
Customer Support
4 / 5
Value for Money
Likelihood to Recommend: 8.0/10 Not
Likely
Extremely
Likely

Pros: The software is very user friendly and intuitive.The in-built email templates are a great time saver.
The in-built Risk rating makes it easy to determine what exception to review in priority.
This software has given us valuable insight into our spend that is helping us make business decisions.
Having all the Expense data including the receipt image in the one system is a real bonus.
Oversight helps us ensure we have an objective & standardized audit across regions.

Cons: Although the customer service is excellent, I would like access to modify certain aspects of the system ourselves such as email templates, or de-scoping exceptions.
The Dashboard is not very flexible and does not contain all aspects of the exceptions we would like to report on.

We are pleased with the software and the Team that supports us.

Jun 29, 2017
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
Likely
Extremely
Likely

Pros: The access to all our spend data. The reports allow me to drill down to really understand our spend.

Overall: Full view of our business expenses

The staff is very supportive and helpful. The software was easy to learn.

Jun 28, 2017
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
4 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
Likely
Extremely
Likely

Pros: It was easy to learn how to use Oversight! All communication to the employees can be done through the software and I love how it organizes and keeps track of emails on each expense. It helps us catch duplicate submissions of expenses and oversee other expense submissions.

Cons: Some of the findings seem to be redundant but it is easy to clear them out on a case by case basis.

Overall: We are able to catch misuse or error in expenses that are submitted by the employees.

Using Oversight over almost 2 years. It's been easy to learn and a good ROI

Jun 26, 2017
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
Likely
Extremely
Likely

Pros: I like the detail that it gives when going through the insights. It helps keep the information centrally located instead of having to constantly switch systems to gather the info needed.

Cons: I wish the email templates were more easily edited on the user side instead of having to request the changes. It would be helpful to include the ability to edit the tables that include the detail information that's sent to the employee.

Overall: Ease of daily use to review expenses submitted for the monthly prior. Able to recoup funds that belong to the company via auditing employee expense errors.

It's been awesome. Compliance monitoring of our employees expenses is now a simple process.

Jun 26, 2017
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money

Pros: The new feature which allows you to view receipts directly from the workbench instead of going through Concur and looking at each expense report to view the receipt.

Cons: It seems to run slowly at least once a week and the process to export data to Excel should be easier.

Innovative and affective tool, with great customer support.

Jun 26, 2017
4/5
Overall
4 / 5
Ease of Use
4 / 5
Features & Functionality
5 / 5
Customer Support
4 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
Likely
Extremely
Likely

Pros: The ability to detect duplicates is an improvement for us. It has allowed us to claw back a decent amount of money.

Cons: When an exception falls under two seperate insights, it can get confusing at times. It would be great if they could be combined even if they were flagged under two seperate insights, so we didnt have to 'action' two exceptions.

Overall: the automation has been excellent. Before we audited manually and it took a lot of effort. Now, Oversight does a lot of the thinking for us and we only have to investigate the flagegd exceptions, rather than every single transaction.

I would highly recommend the Oversight tool. This has been a very positive experience for my company

Jun 26, 2017
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money

Pros: The Oversight tool gives targeted exceptions to review based on user specifications, rather than random auditing. As time goes on, the user makes modifications to the system to allow the system to generate better results (e.g. less noise). I like with the new upgrade where you can see the receipt right within Oversight, rather than having to open Concur and find the expense report to review. This makes the review go much faster, especially for the more low risk items. It is helpful to be able to drill into exceptions by person to see if there are patterns. It is also helpful to e-mail directly from the system and receive the e-mails back into the system. This makes tracking e-mails and outstanding questions easy (and all of this is logged within the system). The customer service is excellent - very responsive and helpful. Stephanie is the best!!

Cons: I would like to see the software only trigger one insight, rather than one item showing up in multiple insights. I know this is something Oversight is working on.

Auditor for employee expenses

Jun 26, 2017
4/5
Overall
3 / 5
Ease of Use
4 / 5
Features & Functionality
3 / 5
Customer Support
3 / 5
Value for Money

Pros: It is able to detect duplicates and patterns of unusual expenses. It is able to create clear reports to view expenses in various ways.

Cons: It bases risk on Merchant Categories which can be incorrectly assigned to the expenses. For us, expense risk makes sense. We are still in the midst of adjusting the software to our needs so may be too early to assess.

So far so good. We let data get backed up in the system so still working to clean it up, get ahead.

Jun 23, 2017
4/5
Overall
3 / 5
Ease of Use
4 / 5
Features & Functionality
5 / 5
Customer Support
4 / 5
Value for Money
Likelihood to Recommend: 9.0/10 Not
Likely
Extremely
Likely

Pros: The amount of information that is provided and how Oversight is constantly looking for ways to pull in additional data so that I don't have to go back into multiple systems to research and confirm. I feel more comfortable with the integrity of the data every day.

Cons: If you get behind in the system, like we unfortunately did due to role changes it's hard to dig yourself out just due to the sheer amount of information that is captured. My account manager has been great helping me through it!

Overall: With implementing a new Expense Reporting system just recently, members were accidentally submitting receipts for reimbursement and not realizing it. We have been able to recoup the incorrect reimbursements.