ATLANTA – December 5, 2013 – Oversight Systems today announced an innovative, web-based solution for compliance professionals to easily monitor high-risk travel and expense (T&E) data and strengthen their companies’ Foreign Corrupt Practices Act (FCPA) compliance. Insights On Demand for T&E FCPA / Anti-bribery and Corruption Risk effectively analyzes T&E data and monitors transactions to identify potential bribery and corruption issues and provide recommended actions. Designed for non-technical, business users, this solution can be deployed in less than a week at a fraction of a cost of traditional approaches in a flexible, on demand model.
The T&E FCPA / Anti-bribery and Corruption Risk Insights meet the growing need for actionable analysis of transactions across the global enterprise to ensure compliance, corporate integrity and overall organization success and effectiveness. It delivers automated transaction monitoring for uncovering and addressing suspicious activity and patterns of potentially damaging violations. It also specifically identifies and scores the employees, consultants, partners and agents that are high risk due to the characteristics of transactions, the parties involved in the transactions and where the transactions occur.
Insights On Demand for T&E FCPA /Anti-bribery and Corruption Risk is available now on www.OversightSystems.com. Companies can discover how they work by applying for a free trial on the Oversight Systems web site. Qualified free trial participants automatically receive a complementary assessment report highlighting the risks in their companies’ T&E activity. Additional Insights On Demand currently available from Oversight include Travel & Expense, and Purchase Card analysis solutions.