What Company Is Offering:
Oversight Systems takes continuous controls monitoring to the next level, with real-time transaction integrity inspection for identifying fraud, misuse and errors. Oversight’s software provides a platform for continuous monitoring that excels at finding problems, then raises the bar with powerful analytics for cost-effectively fixing the problem, and workflow-enabled audit trail and journaling for proving problem resolution and compliance. By inspecting each step of individual transactions across all financial systems, Oversight identifies all errors and control violations, drives defect-free processes, and sustains Sarbanes-Oxley compliance.
How Much They Got From VCs:
Oversight Systems Inc., an Atlanta-based provider of automated transaction monitoring software, has called down $10.2 million of a $13.2 million Series B round, according to a regulatory filing. Adobe Ventures was joined by return backers Granite Ventures and Sigma Partners.
More at:www.oversightsystems.com
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