Negotiating fair terms with your suppliers can be a long, demanding process. But when it comes to safeguarding disbursements, it’s only step one.
Chances are your money may be disappearing from data entry mistakes, billing errors, or unclear terms, keeping you from capturing a higher percentage of future savings. To stay ahead of the game, you need ongoing visibility into whether your contracts are being abided by, to ensure that the terms negotiated are the terms executed.
APEX has broad expertise in pricing and contract compliance, as well as proven methods for identifying potential future credits or savings claims associated with overpayments due to inconsistencies in contract terms. Our solutions can help you get the information you need to make the most productive analysis possible.
In-depth review of contract compliance combines automated techniques with focused strategic buyer discussions. We concentrate on identifying the causes behind overpayments, and developing customized prevention techniques for minimizing future exposure. We can also provide a full spend analysis, providing you with an enterprise view of your spend and key leverage areas for your next round of negotiations.
Bottom line: Our compliance objective is to openly share our methodology, approach and techniques to deliver immediate, measurable financial results. As our hundreds of engagements with Fortune 1000 clients demonstrate, it’s a solution that works. And it will work for you.