Case Study: Texas A&M University achieves 100% spend visibility and major savings with Oversight

Texas A&M University saves $100K in duplicate payments with Oversight

Texas A&M University, a public university, faced challenges with high transaction volumes and manual, sample-based auditing processes. Without an AI-based system, their financial auditing team could not monitor trends or behavior to influence employee spending and prevent cash leakage. They turned to Oversight Systems for its spend analytics and monitoring technology to centralize all their spend data.

Oversight implemented its Travel & Expense and Payables Monitoring solutions, enabling the university to monitor 100% of transactions. This allowed the audit team to identify trends and communicate effectively to improve compliance. As a result, Oversight helped Texas A&M identify $460,000 in erroneous T&E spend, avoid a $100,000 duplicate payment, and flag millions in non-compliant P-card and AP issues.

Texas A&M University