Energy and Utilities

Your challenge: In highly regulated industries like energy and natural resources, contract and regulatory compliance are critical. You need reliable systems to help you identify and recover past overpayments and to prevent them from happening in the future. You also need benchmarks and best-practices processes to help you systematically improve.

Our solution: APEX Analytix provides a unique combination of software and services to help you achieve better bottom-line results, wherever in the world you do business. We help you recover overpayments, safeguard future disbursements against payment errors and fraud, streamline supplier interactions, improve cash management and mine procure-to-pay data for strategic insights that can benefit your business.

Our experience: APEX Analytix safeguards more than $1.3 trillion in disbursements for Global 1000 businesses in nearly every country in the world. We serve half of the Global Fortune 50, as well as more than a dozen of the world’s best-known energy and mining companies.

Proven results: The proof of the value we deliver is found in real-world results, such as how a recent APEX Analytix recovery audit and statement review for a large global oil and gas company resulted in nearly $6 million in recoveries, as well as recommendations for process improvements to prevent future losses.

Telecommunications

Your challenge: Today’s telecommunications companies face challenging market conditions – characterized by growing global competition, shrinking margins, high customer churn rates and soaring bandwidth demands. Cost reduction has become a critical tool for improving profitability.

Our solution: APEX Analytix provides a unique combination of software and services to help you achieve better bottom-line results, wherever in the world you do business. We help you recover overpayments, safeguard future disbursements against payment errors and fraud, streamline supplier interactions, improve cash management and mine procure-to-pay data for strategic insights that can benefit your business.

Our experience: APEX Analytix safeguards more than $1.3 trillion in disbursements for telecommunication companies and other Global 1000 businesses in nearly every country in the world. We serve half of the Global Fortune 50.

Proven results: The proof of the value we deliver is found in real-world results. One example: A global cellular services provider used APEX Analytix FirstStrike Software to prevent $20 million in duplicate payments over 24 months. FirstStrike also helped the company recover $9 million in historical overpayments, strengthen internal controls and mine procure-to-pay data for insights that are driving better-informed business decisions.

“Using APEX Analytix FirstStrike, we immediately identified a $198,000 duplicate payment that wasn’t caught by our own software or ERP platform.”

– Accounts Payable Supervisor, Global Telecommunication Service Provider

01.05.16 Case Study

Global Communications Provider

Using the Power of Prevention to Protect Billions in Annual Disbursements

This publicly traded mobile communications company delivers wireless voice, messaging and data services across a broad geography. With more than $15 billion in annual disbursements, financial services executives place a priority on protection against duplicate payments. The firm turned to APEX Analytix for continuous protection against accounts payable errors.