In business as in life, the adage, “To err is human” is ... true. Yet so is, “There’s always room for improvement.”
Certainly both are valid when you’re talking about your company’s overpayment issues.
Unintended overpayment mistakes can happen in any business, often for unforeseeable reasons: company or system error, vendor error, flaws in your data or processes, even fraudulent intent. APEX does more than help you identify overpayments due to duplicates or pricing mistakes; we’ll help you get to the root cause of any overpayment, determine how, when, where and why it happened, and provide all the tools you need to fix it. For good.
With APEX software and services you can generate a broad selection of custom reports, providing powerful visibility into A/P activities across your enterprise. Whether it’s overpaid taxes in a foreign country, a missed cash discount offered by a supplier, or un-captured changes to a freight rate contract, for example, by getting to the source of the problem, you can prevent it from happening again in the future.
Our aim is to help you and your teams use your data and applications so effectively, that you catch overpayments before they occur. And with a clean vendor master file, accurate data, and software and services from APEX, you can.
Bottom Line: When it comes to overpayments, with APEX all it takes is an ounce of prevention, for you to recapture a pound of cure.