PRESS RELEASE: GREENSBORO, N.C., April 26, 2019
Today apexanalytix announced it is among an elite group of 50 companies named a “Provider to Know” by analysts at Spend Matters, a leading intelligence source for procurement and supply chain professionals.
Spend Matters describes its 2019 “Providers to Know” as proven, best-in-class companies who are setting the industry standard and leading the charge on new procurement technologies and services.
apexanalytix caught the attention of Spend Matters for its innovative apexportal, a supplier information management solution for supplier registration, supplier inquiry, supplier discovery, e-invoicing, cash discount management and statement reconciliation. The solution also incorporates API-based access to apexanalytix smartvm®, a trusted source of supplier data. smartvm uses artificial intelligence to validate supplier entries, populate empty fields, confirm regulatory compliance and identify duplicates – all in one step.
The apexportal is now the fastest-growing solution of its type on the market. It also has received the highest customer score of any supplier relationship and risk management solution evaluated by Spend Matters. Analysts Michael Lamoureux and Jason Busch described apexanalytix as “a perfect match for customers who are primarily interested in data integrity, financial security, controls and fraud prevention.” (Spend Matters, apexanalytix Vendor Snapshot. 7 August 2018)
Before being named a “Provider to Know,” apexanalytix earned a spot on the Spend Matters’“50 Providers to Watch” list for four consecutive years – recognized as one of the companies pushing procurement forward through innovation.
“It is an honor to have made the leap from ‘50 to Watch’ to ‘50 to Know,’” says Steve Yurko, CEO at apexanalytix. “Moving up reflects the evolution of our portal technology and the strong foundation it creates for procure-to-pay – helping companies improve compliance, reduce fraud and risk, drive down costs and build revenue.”
For More Information
Visit the Spend Matters article “From Watch to Know in 2019: How apexanalytix is Helping Transform Supplier Management” found at Spend Matters.
About Spend Matters - Solution Intelligence for Procurement
Spend Matters is the leading solution intelligence source for procurement and supply chain professionals. Combining deep technology analysis and tailored advisory services with daily news coverage and subscription research, Spend Matters is trusted by CPOs, consultants, investors and solution providers alike as their procurement technology intelligence partner. Spend Matters is owned and managed by Azul Partners, Inc.
apexanalytix is the world’s leading provider of supplier portal software, accounts payable (AP) controls software, audit and analytics software, and AP recovery audit services. We help companies on six continents hyper-optimize procure-to-pay and safeguard more than $4.6T in disbursements annually. Our supplier portal is the fastest growing in history, with over 3M suppliers in three years. And our proprietary smartvm database continuously perfects scored supplier records with contacts for 20M+ suppliers to the Global 2000. For more information, visit http://www.apexanalytix.com or call 800-284-4522.