€ Millions Recovered For a European Life Sciences Leader

This global life sciences organisation operates at a significant scale, generating more than €41b in annual revenue and managing a complex, multinational supply chain. Its diverse product portfolio and extensive supplier base introduce substantial challenges in maintaining payment accuracy and consistent financial controls across regions.

A global audit—excluding North America—was conducted in partnership with apexanalytix to assess €28b in spend, analyse 2.5 million invoices, and perform a supplier statement review of 8,400+ suppliers. The review focused on uncovering discrepancies and opportunities not visible through system data alone.

The audit delivered €15.5M across 800+ recoveries, with duplicate payments being the primary source of financial leakage. To prevent future duplicate payments, apexanalytix provided recommendations based on decades of working with large enterprises to solve the same issue with process improvements and technology.