Business Challenge
Internal audit flagged T&E expense issues. Errors in corporate processes impact work as a government contractor. Need to manage Lowest Available Fare and flag other forms of waste, alongside fraud and misuse inside the organization.
Solution
Travel and Expense, P-Card, Procure to Pay, and Optical Character Recognition Solutions.
Benefits
Began to ensure the proper coding of transactions automatically. Prevented and recouped duplicate payments. Elevated the role of AP processor to a more strategic position. Enabled collaboration and teaming across accounting, compliance and ethics using a normalized, single source of data to multiple audiences.
“The implementation of the Oversight product line has been a huge win at our firm. From the implementation of the software itself to the rollout of specialized tools, we’ve been able to solve business problems for our Lowest Available Fare considerations, which has been huge in our EP transformation.” - AP Leader at Global Consulting Firm