Case Study: Global Beverage Company reduces T&E audit staff with Oversight Systems

Global Beverage Company - Customer Case Study

Global Beverage Company, the largest manufacturer, distributor and marketer of non-alcoholic concentrates and syrups, faced known losses of $348K over 58 months and the risk of expense reimbursement fraud across a $64 billion supply chain. In February 2009, it turned to Oversight Systems to address T&E card monitoring within its SAP, Extensity, Amex and Visa environment.

Oversight Systems automated in-process T&E card review and distributed exceptions through workflow. The company eliminated manual audit of expense reports, identified 34% of total expense report lines as potential sources of error or fraud, and reduced T&E audit staff by 40%.