Oversight Systems Chosen for DATA Demonstration Day with the House Committee on Oversight

oveby Angela Guess

A new article out of the company reports that, “Oversight Systems will demonstrate its operational analysis software platform which helps businesses and government agencies evolve from exploring big data to quickly generating and delivering operational insights for greater business success, at the DATA (Digital Accountability and Transparency Act) Demonstration Day Hosted by the House Committee on Oversight and Government Reform on May 16, 2013 in Washington D.C. This marks the second annual DATA Demonstration Day, designed to provide Members of Congress, Congressional staff and the public an opportunity to learn how data technologies could help the U.S. federal government cut waste, streamline reporting processes, and improve public accountability if federal spending data were fully standardized and published, as would be required by the proposed DATA Act. The DATA Act, originally introduced in 2011, is expected to be re-introduced in both houses of Congress.”

The article adds, “Across industry and government, Oversight analyzes over $1.75 trillion of transactions to deliver insights that recover revenue and deliver stronger compliance for customers worldwide. The Defense Finance and Accounting Service (DFAS), the U.S. Navy, the U.S. Department of Education and the U.S. Bureau of the Census all rely on Oversight’s platform to prevent over $2 billion in annual improper payments and ensure the accurate reconciliation of expenditures.”

Read more here.

photo credit: Oversight Systems

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