Case Study: Global Chemical Company achieves 5X ROI within six months with Oversight Systems

Global Chemical Company - Customer Case Study

Global Chemical Company, an integrated producer of specialty and intermediate chemical products with operations on five continents, was dealing with evidence of duplicate payments in excess of corporate tolerance. The company also faced concern that the issue would grow after relocating its Shared Services Center to Budapest, along with limited visibility into operational performance. Global Chemical Company used Oversight Systems’ A/P Audit Automation on SAP.

Oversight Systems implemented automation for in-process duplicate payment review, used automated workflow to distribute exceptions, and rolled the solution out globally. The project produced a 5X ROI within six months, and the A/P results were strong enough that the CFO requested and authorized purchase of the full suite of Oversight modules. During the proof of concept alone, Oversight returned over 4000 opportunities to recover duplicate payments.