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Protect your company’s reputation and revenue from the first time you engage with a supplier and throughout the supplier lifecycle.
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April 21-23, 2024
7 March 2024
Use Our Technology-Enabled Services to Speed Results
Unclaimed property has become an important priority for governing bodies facing budget shortfalls. More than $9 billion1 is held by the state of California alone, including uncashed checks and bank balances, unclaimed insurance benefits, utility deposits—and more.
If your company has multiple business entities operating in multiple jurisdictions, you are at a high risk for having unclaimed property that rightfully belongs to you. Payments sent to the wrong business name, address or account number, for example, may be returned to the sender and eventually turned over to a state or local jurisdiction instead of your business.
apexanalytix offers comprehensive, technology-enabled services to help you identify and recover property you are owed so it can benefit your bottom line.
apexanalytix goes beyond the obvious to take a holistic look at unclaimed property in various jurisdictions. We develop a list of your business entities, DBA names and brands, search global data, build and submit airtight claims, provide proof of ownership and produce comprehensive reports so you can track outcomes.
We’ve compiled our own proprietary database of unclaimed property held by governing bodies globally, and we continually update it to capture new entries. Using our own apexanalytix firststrike® software, we search data for name variations and other parameters that help us quickly identify what you might be owed.
apexanalytix consultants also take steps to protect your company against future unclaimed property losses. We first determine the root cause of each error—then work with your business partners to tighten controls and update their vendor records with accurate information about your company.
apexanalytix is the partner of choice for Global 2000 companies interested in breakthrough audit and recovery services and software. We have extensive experience working with large and complex financial shared services teams around the globe. We also pride ourselves in proven results. One example: an unclaimed property recovery project for one of the world’s largest food and beverage companies produced more than $3.6 million in recoveries across the company’s 250 global business entities.
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