APEX Analytix Ranked in Top 50 Technology Firms
APEX Analytix named to Deloitte Technology Fast 50 for the second consecutive year
Greensboro, North Carolina - September 7, 2004 - APEX Analytix, a leading professional recovery audit software and services provider, has been named to the “Deloitte North Carolina Technology Fast 50” for the second straight year. APEX Analytix was promoted to the 32nd fastest growing company on the list, up from 46th last year.
APEX Analytix, which serves the second largest recovery audit customer base in the world, is one of the 50 fastest growing technology companies in North Carolina based on percentage revenue growth over five years. APEX has recently announced the acquisition of Minnesota-based Bottom Line Enhancement Services, specialists in retail recovery audit software and services.
APEX Analytix services and software help some of the largest companies in the nation recover millions of dollars in revenue. The company is leading the transition to a proactive technology-based approach that prevents errors and inaccuracies associated with the process of paying suppliers. APEX Analytix packaged software is the most comprehensive A/P error prevention software suite on the market with the largest installed base in the industry.
“We are honored to again be recognized for our sustained growth and accomplishments,” says APEX Analytix CEO, Michael Lustig. “Many companies, including nearly one-third of Fortune magazine’s Fortune 100 companies, are leaving the old model of audit recovery services behind and using APEX software to lead them into the future of accounts payable. Our technology detects, recovers and actually prevents accounts payable and procurement errors from happening, so companies who want to be proactive in reducing revenue loss have turned to APEX for a solution.”
To qualify for the award, companies must be headquartered in North Carolina, must generate revenues of at least $50,000 in 1999 and $1 million in 2003, and must either own proprietary technology that contributes to a significant portion of the company’s operating revenues, or devote a significant proportion of revenues to the research and development of technology. APEX Analytix is based in Greensboro, North Carolina.
The North Carolina Technology Fast 50 is sponsored by Deloitte & Touche LLP in association with Wachovia, Robert Half Finance & Accounting, Council for Entrepreneurial Development and Business Leader magazine.
To learn more about APEX Analytix, please visit www.apexanalytix.com, call 1-800-284-4522, or e-mail info@apexanalytix.com.
About APEX Analytix
APEX Analytix is redefining accounts payable as a strategic function in the Global 1000 organization. Applying 20 years of experience in recovery audit, APEX Analytix is placing sophisticated analytic and reporting tools in the hands of accounts payable, shared services and finance leaders. The old model of audit recovery services is being replaced and APEX is leading the way. Whether customers take advantage of APEX traditional recovery services or solely invest in APEX Active Recovery Technology, they reap the benefits of advanced payable, procurement and purchasing with the objective of profitability. APEX Analytix brings companies to the future of Accounts Payable.