Oversight Systems, an operational analysis software company, has launched Insights On Demand for Procure-to-Pay (P2P),  a web-based application focused on automated analysis of corporate payment transactions to prevent and detect fraud, misuse, and other improper payments resulting from errors. 

Insights On Demand for P2P can be used with current invoicing and payment systems as a preventive measure for fraud and payment recovery. No setup or configuration fees are required to get started.

Insights On Demand for P2P uses advanced data analysis to identify fraudulent payments to ghost vendors, mistaken payments for the wrong amounts, payments destined for the wrong vendors, duplicate payments to the same vendor and payments outside of normal spending patterns for particular vendors, purchasers and items.  

Insights On Demand for P2P allows companies to stop improper payments and address master vendor file issues that are at the root of many improper payments.

Oversight is currently offering prospective customers a free trialthat includes the analysis and resulting Insights from 90 days of data. This trial allows companies to experience with their own data how Insights On Demand for P2P provides value by identifying improper payments before payments are disbursed so companies can take action to prevent or recover them.

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