2024 in review: Spend insights and corporate right-sizing

The Oversight Spend Insights Report examines the economic downturn's effect on corporate spending and expense management, noting how 2024 layoffs have pressured travel and expense teams with reduced staff and increased fraud. It highlights AI-powered technology's role in addressing these issues, stressing the need for analysis beyond single transactions to spot patterns in expense reports.

This "post-payment" analysis allows for better auditing and visibility into misuse. A real-world example shows how this method identified over $100,000 in risk missed by traditional audits.

Read the full report to learn more and discover how to enhance your spend management practices.

Vendor:: Oversight Systems
Posted:: Dec 27, 2024
Published:: Dec 28, 2024
Format:: PDF
Type:: Research Content

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