Vendor Management

Accurate Records and Satisfied Vendors

The maintenance of reliable and accurate vendor data and the management of vendor service levels are the focused objectives of two value-added solutions from APEX Analytix®. These Vendor Management Services are complementary to APEX Analytix’ more extensive Vendor Verification Solution   FirstStrike® Fraud Detect and Vendor Self Service application, FirstStrike™ Vendor Portal.

Accounts payable can provide leverage for validating vendor information. And since A/P represents a key point of contact for each vendor, it is a logical function to evaluate vendor satisfaction. For many of our clients, accuracy of vendor information and management of vendor satisfaction levels are strategic initiatives for the forward-thinking A/P and shared services organization. As we’ve seen increased demand for assistance in conducting vendor validations and satisfaction surveys, we’ve applied the same domain expertise and internal processes we use in client analytics and claims recovery to manage these information gathering and reporting projects.

APEX Analytix® provides services for cleansing vendor information, and for surveying vendors’ levels of satisfaction. Please contact us if you’d like to see a sample report for either of our vendor management services.