APEX Analytix Becomes the First to Bring Advanced Cognitive Technology, Supported by IBM Watson®, to the Supplier Portal and AP Recovery Audit Industry
PRESS RELEASE: GREENSBORO, N.C. – June 13, 2017 – APEX Analytix, the industry leader in technology solutions across the global financial supply chain, today announced the launch of APEX Archimedes™, its digital innovation system integrating IBM Watson® to drive continuous financial improvement for its clients.
Spend Matters Provider to Watch for 2017
For the third year in a row, APEX Analytix has been chosen as a Spend Matters 50 to Watch company. Every year, online procurement and supply chain content provider, Spend Matters, publishes its 50 Providers to Watch list, which shines a light on exciting newcomers who are pushing the envelope. Although APEX Analytix has been around for nearly 30 years, the company first hit the Spend Matters radar in 2015, when our supplier management portal was released.
The company has maintained its commitment to critical SSAE 16 SOC 1 and SOC 2 controls for both its APEX Analytix FirstStrike® and Supplier Portal applications.
PRESS RELEASE: GREENSBORO, N.C. – March 28, 2017 – APEX Analytix, the industry leader in technology solutions that audit, recover and optimize business profits across a global financial supply chain, today announced that independent auditors have confirmed the company’s continued compliance with SSAE 16 SOC standards—rigorous controls governing how a company treats the security, availability, processing integrity, confidentiality and privacy of customer data.
Makes it easy for businesses to pay suppliers early while holding onto their own cash
APEX Analytix has announced plans to integrate Interface Financial Group’s digital invoice discounting solution with APEX Analytix FirstStrike® Supplier Portal dynamic discounting software. As a result, companies will get fast decisions on their eligibility for third-party, multicurrency funding so they can pay suppliers early in return for a discount on the amount owed.
Honored in “Company of the Year” Category
PRESS RELEASE: GREENSBORO, N.C. – December 14, 2016 – APEX Analytix, the industry leader in AP auditing, profit recovery and working capital optimization of global financial supply chains, has been named a bronze winner in the Company of the Year - Medium category by the Best in Biz Awards, the only independent business awards program judged by members of the press and industry analysts.
Are you thinking about adding a global supplier portal to your operations? If so, don’t miss Six Lessons Learned When Adopting a Global Supplier Portal written by Michele Arndt, our executive manager of global software consulting. She describes the experiences of a company deploying portal technology to support 400,000 suppliers in 173 countries.
Protect Profits and Boost the Bottom Line
Helen Tueffel Vice President, Global Solutions, Retail at APEX Analytix shared with the Journal of Accountancy, best practices to reduce the risk and exposure due to mistakes often created by systems put in place to automate the AP process. Discover tips that will help you reduce the amount spent on account payable functions. Helen covers these best practices; maintaining a clean vendor master, disbursement errors and visibility, continuous fraud monitoring, recovery audits and more.
By Walt Kristick, CIO & Senior VP, Shared Services, APEX Analytix
Most businesses became familiar with SaaS (Software as a Service) within the last 15 years via Salesforce CRM software, Office 365 or Google apps, but SaaS has now reached critical mass and there are many benefits to be reaped in the AP industry.