Global Chemical Company sees 5x ROI within 6 months of Oversight implementation

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Business Challenge

Evidence of duplicate payments in excess of corporate tolerance. Relocation of Shared Services Center to Budapest leading to concerns the duplicate payment issue would escalate. Limited visibility into operational performance.

Solution

Automation of in-process, duplicate payment review. Distribution of exceptions managed through automated workflow. Global implementation

Results

“I knew the project would have to demonstrate a hard ROI for approval. Oversight returned over 4000 opportunities to recover duplicate payments during the proof-of-concept alone, and demonstrated they understood our business through the organization of the results.” - Internal Audit Global Chemical Company

 

Benefits

 5X ROI within six months. A/P results were so impressive, that the CFO requested and authorized purchase and implementation of full suite of Oversight modules.

 

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