Protect your company’s reputation and revenue from the first time you engage with a supplier and throughout the supplier lifecycle.
Protect your company’s reputation and revenue from the first time you engage with a supplier and throughout the supplier lifecycle.
Your P2P expert that knows everything, guides human behavior and takes immediate action on your behalf.
Strength in unity. There are no problems we cannot solve, together.
Our purpose-built and configurable platform brings together everything your company needs to optimize your supply base.
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To positively impact the lives and careers of our associates, customers and partners.
Icon is an exclusive conference attended by leaders of best-in-class, global financial shared services, accounts payable, procurement, post-audit and supplier governance, and risk and compliance organizations.
April 21-23, 2024
7 March 2024
This specialty biopharmaceutical company is a global leader in the treatment of rare diseases and highly specialized conditions. The company has nearly 24,000 employees and offers its products in more than 100 countries.
Procure-to-pay executives wanted to assess and improve the quality of the supplier data held in the company’s corporate systems and databases—providing a solid foundation for accounts payable and other strategic
The company turned to apexanalytix to clean and vet more than 16,000 supplier records. Using our smartvm® Vendor Master Cleansing Services and advanced apexarchimedes™ artificial intelligence, our experts consolidated, scored and classified vendors, identified duplicates, scrubbed and appended information and produced rich reports—all in record time.
• Identified 5,854 vendors with incorrect tax identification numbers (VAT/TIN).
• Identified 3,278 duplicate vendor records.
• Identified 82 vendors who appeared on prohibited entity watch lists.
• Discovered that a third of the vendor records had incorrect banking information (SWIFT, IBAN).
• Scrubbed 13,166 nonstandard address records and added missing information to 12,709.
• Added valid points of contact to 9,173 records.
• Enriched 973 records by adding DUNS numbers and SIC/NAICS classifications
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