Retail Industry Solutions
We Share Your Objectives:
Improving Your Internal Audit Effectiveness
Chances are, you are already focusing on improving your internal post-audit findings. Why not partner with a company that shares your strategy?
No one needs to tell you the importance of recovery auditing. Literally millions of dollars in lost profits are at stake. So we’d rather start with something you might not have considered before: the fact that most companies in this industry build their business by detecting the same sorts of errors over and over again.
When you stop to think about it, that means you’re paying them to find the same holes year after year after year (And, by the way, making it easy for them to brag about the amounts of losses they detect year after year.) APEX Analytix is your internal post-audit team’s partner.
- We’re the only retail recovery audit expert who offer our technology for you to use. Armed with FirstStrike™, your internal team’s productivity will continue to increase and third-party audit findings .
- Groceries or building materials, general merchandise or discount items, clothing or electronics, we recognize your business and your company are unique. We approach every project with that in mind. Data and digital analysis plan a key role in our audits. We convert data into a consistent format and use it to maximize the accuracy and efficiency of the audit. Our data analysts use advanced analytical tools including data mining and specialized algorithms to identify relationships between financial and non-financial data to focus on anomalies and detect overpayments.
- We leverage technology – applying automated techniques using qualified record sets of data to uncover overpayments related to pricing errors, promotional allowances, rebates, price protection, advertising allowances, sell-through allowances, slotting allowances, new store allowances, freight charges, returned Merchandise, cash discounts, early payments, statement credit memos, duplicate payments, and one-time deals