Oversight Systems this week announced the release of Oversight Connector for Concur, an integrated cloud-based travel and expense trend analysis solution built on the T&E Cloud Platform with Concur, a provider of cloud-based travel and expense management solutions.

Now available in the Concur App Center,  Oversight Connector for Concur performs travel and expense (T&E) trend analysis on demand, resulting in the quick delivery of critical insights and recommended actions to address wasteful employee T&E behaviors, identify potential compliance risks, and prevent financial loss. The Oversight Connector for Concur complements Oversight's additional financial systems integrations, which together offer a holistic picture of a user's behavior over time and across systems.

The Oversight Connector for Concur enables Concur customers to automatically send expense report transaction details directly from Concur to Oversight's cloud-based Insights On Demand for T&E, without complex infrastructure and configuration. Insights On Demand for T&E looks across all employee expense reports to identify the trends of abusive and out-of-policy spending.

Since Insights on Demand is a complete web-based solution, users need to only identify the insights they are looking for, upload the data, and then launch a thorough analysis, all directly from their devices. Oversight runs the analysis and delivers a dashboard, results exploration workbench and report that include details of the analysis as well as recommended actions to improve policies, stop and prevent misuse, potential fraud and bribery, and minimize corruption risk.

The Insights On Demand for T&E family of specific analysis solutions include fraud and misuse; duplicate submissions; suspicious out-of-pocket expenses; meals and lodging outliers; and FCPA/anti-bribery and corruption risk.

Topics