Patrick J D Taylor December 3 rd, 2015

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© 2015 Oversight Systems3 The Art of Deception Spapaws Hotel expensed as lodging Spa Paws Hotel expensed as lodging Sold company equipment on eBay Spapaws taxi expensed as a transportation Spa Paws taxi expensed as a transportation

People don’t want to buy a ¼” drill. They want a ¼” hole! -Theodore Levitt

Challenging Statistics CEB Survey – 62% of all people working on Big Data solutions lack the skills and judgment to use the data Oversight Spend Analysis Report 2015 – 48 million transactions totaling $3B in spend – 250,000 employees – Beyond the Pareto principle 10% people cause nearly 100% of the high risk issues 5% cause 80% of the issues 0.06% cause 25% of the issues 5

© 2015 Oversight Systems6 Insights On Demand

Customer Example – Kimberly Clark

© 2015 Oversight Systems8 Oversight Pricing Model Pricing is based on the following 3 components: Insights selected Analysis frequency Volume of transactions

Reduce Complexity by Curating Data 9 Complexity Value Curate data from on premise and cloud-based systems

Curating the Data Amex Visa/MC iExpense Concur Geo Code Benchmark SAP

Concur – Click to Analysis PLATFORM

Reduce Complexity by Designing the Analysis 12 Complexity Value Leverage 10+ yrs of experience to focus analytics on what matters most

Multi-Dimensional Analysis Boolean Recurrence Format Outlier Chaining Temporal Meta Reasoning Bayesian Statistical Aggregation Link

Increase Value by Making is Easy to Act 14 Complexity Value Package Insights to enable customers to harvest value

INSIGHTS Evidential Reasoning Multi-Dimensional Analysis Recurrence Analysis Boolean Tests and Filters Temporal Analysis Chaining Analysis Format Outlier Analysis Meta Reasoning Statistical Analysis Reccurence Analysis Aggregation Analysis Link Analysis Client Transactions External Data Oversight Benchmark Client Parameters

Make a Difference Machine Learning Benchmarking Case Management 2-5% Reduction in T&E Spend

© 2015 Oversight Systems17 End User Solution Components Dashboard – Executive & management focus – Benchmarking & trending – Aggregated & graphical views: spend & findings Workbench – Operations & audit focus – Action-oriented details of findings – Review & resolve: case management workflow

Use Communication to Set the Tone Suspicious but Immaterial Events Detected notification to employees Log event detection & notification No Action Required Reminder of Corporate Compliance Policy

Longitudinal Clues to ID the Bad Actor

Customer Example – Industrial Reduced review effort by 82% Eliminated Manager Approval Enhanced Fraud Detection – Went from firing 1 person/year to 1 person/week 2014APRIL

IOD Entry Points 21 Complexity Value

Low High # OF DECISIONS Tactical Operational Strategic 10’s of employees 100’s of employees 1,000’s of employees The Robot Opportunity - IDC’s Analytic Spectrum AUTOMATION RISK COLLABORATION Source: IDC

Many Opportunities for IOD Answers Tactical Operational Strategic

Unusual Spend Analysis Facts Median catering expense in Toronto - $709 – much higher than any other city. Gift cards, novelties and souvenirs are especially popular in Cleveland – median spend is 4X typical figures Misc. Personal Services – more expensive in Washington DC - $349 – more popular in San Francisco Bar charges most common in Las Vegas – Milwaukee is a close second but at half the cost Bakeries are popular in Seattle with a median charge over 2X the norm 24

Prove the Value for Your Spend Visit to sign up for an evaluation of your spend data. (or just give me your card today) 25