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.
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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.
March 16-18, 2025
You may think your vendors represent little potential risk to your business, especially if you have prevention-based controls in place. In reality, though, costly undetected threats may be lurking—from sophisticated fraud schemes to suppliers with questionable business practices.
apexanalytix offers a comprehensive Vendor Risk Analysis that can give you the upper hand against fraud and other vendor risks. Our auditors and certified fraud examiners use a comprehensive approach designed to produce optimal results.
Vendor Risk Analysis experts who know the needs of large Global 2000 firms will identify your available data sources, review your internal processes and controls, configure parameters, and establish data analysis thresholds that best fit your needs and your business.
All vendor-related information is analyzed using apexanalytix firststrike Fraud Detect—a powerful software tool that can quickly process large data stores from multiple procurement, payment and human resources systems. The software looks for proven red flags that can indicate potential fraud and risk—from consecutive invoice numbers to a match between employee and supplier data. Certified Fraud Examiners use both public and proprietary resources to validate the results firststrike produces.
We interpret, score and report on what we find, including those vendors representing your greatest risk. You will have all the information you need to investigate and take action on financial risks, potential fraud, employee policy violations, conflicts of interest and more. Comprehensive recommendations for underlying process improvements are also provided to help you shore up your internal controls.
With our independent assessment of both your suppliers and your internal processes, you will be poised to reduce risks, improve compliance with policies and procedures, reduce your financial exposure and protect the integrity of your brand.
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