Case Study: Fortune 500 Consumer Packaged Goods Firm increases P-Card spend and rebates with Oversight Insights On Demand

Fortune 500 Consumer Packaged Goods Firm - Customer Case Study

A Fortune 500 Consumer Packaged Goods Firm needed a way to proactively monitor Purchase Card spend, improve visibility into company spending, promote policy compliance, and influence employee behavior. After finding its manual, sample-based review process inadequate for spotting improper card use, the company selected Oversight Systems and its Insights On Demand solution for P-Card monitoring.

Oversight Systems implemented Insights On Demand in 2012 to review 100% of P-Card transactions daily and identify out-of-policy purchases, split transactions, purchase outliers, and nominal or excessive use. The company was able to manage the process with approximately half the full time resource equivalent, lower card administration overhead, safely increase card-spending limits, and nearly triple P-Card spend within a year while earning greater rebates from its card provider and preferred supplier network.