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Overview

Every. All. 100%

A single, central supplier hub for every supplier, all of your policies and integration with 100% of your source-to-pay systems. The apex platform empowers source-to-pay teams with a foundation of accurate vendor data to confidently manage risk across all of their suppliers at onboarding and throughout the relationship.

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8.5

M

suppliers managed in the apex platform

The largest companies in the world rely on the apex platform to manage millions of suppliers. From onboarding to ongoing management, apexportal ensures compliance across industries, regions and risk segments.

1000

integrated trusted data sources

Validate supplier and customer data directly from the source: government agencies, regulatory authorities and trusted third-party data sources.

320

K

highly configurable, global business rules out-of-the-box

apex platform’s configurable rules engine leverages 320K built-in business rules for end users to make updates as needed. Whether it is an update to approval workflows or supplier compliance requirements. All of it can be done quickly by the vendor management team.

Features

Freedom of control is yours.

This is your supply chain, your supplier ecosystem and your risk to be managed.

That’s why we build technology that gives you the power and flexibility to run your business. Your way.

apex platform
Suppliers

100% of Your Suppliers

Every supplier represents risk and opportunity. Fraud, reputation, revenue. Keep every supplier in scope with apex.

Touchless

Touchless Confidence

Good software is easy-to-use, great software doesn’t require users. Solutions manage suppliers for you, engaging your team only when necessary.

Forever

For Today, Tomorrow & Forever

Built-in best practices + highly configurable solutions to meet your company’s unique and changing needs. Today and into the future.

AI Enabled

Community Driven, AI-enabled

Continuous improvement through AI-enabled datasets and shared innovation across a community of the world's most successful companies.

Fraud Prevention

Layers of Protection

Fraud protection starts with a secure self-service supplier portal and is strengthened with validations only found in the apex platform.

Intelligence Technology

Everything, Everywhere, Every time

1,000 integrated data sources ensures accurate vendor data at onboarding and throughout the lifecycle. If anything critical changes, your team gets alerted immediately to take action and mitigate the risk.

Benefits

One supplier portal for every procure-to-pay initiative.

Strengthen every program with accurate vendor data and one communication channel for both suppliers and internal teams.

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Industry compliance built into supplier onboarding

Our platform has built-in alerts for supplier review as per HIPAA or German Supply Chain Act.

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Direct spend to preferred suppliers and reduce maverick spend

Negotiating preferred pricing relies on buyers choosing preferred suppliers. One onboarding channel can guide them, reducing costs.

As seen in Gartner's Market Guide.

Gartner lists 7 key risk factors. We manage all of them.

Read Gartner's Market Guide for Supplier Risk Management Solutions
The-2023-Gartner-Market-Guide-for-Supplier-Risk-Management-Solutions
Supplier Onboarding

Right. From the start.

apexanalytix delivers a 100 percent touchless alternative to time-consuming and error-prone manual onboarding processes. Your suppliers onboard themselves in their own language through a simple, elegant web page branded with your company’s logo.

Onboard

Faster Onboarding

Remove the collection of data via email exchanges with a supplier-facing portal.

Validations

Real-time Data Validation

1000+ trusted data sources to validate tax IDs, bank account, address, prohibited/PEP lists and more.

Questionnaires

Pre-built Supplier Questionnaires

Best practice, pre-built supplier questionnaires in ethics, IT, financial standing, business continuity planning, and highly configurable templates.

Workflows

Customized Workflows

Ensure compliance with highly configurable workflows that can be easily updated by the P2P team.

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Single Source of Truth

Bi-directional integration with every ERP to keep all data synced all the time.

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Foundational Agnostic Technology

Integrate any P2P solution to simplify the admin and supplier experience.

How It Works

Fully Integrated Onboarding Process Flow

Every company is different and has specific requirements. If you would like a personalized demo for your company, then please reach out to us and we will show you how apexanalytix can protect your company from fraud, fines and errors.

Let's talk
Step 1

Invite Suppliers

Invite suppliers to register to your company-branded, online portal by simply providing contact info and supplier segment.

40+ languages supported with a roadmap to include more.

Invitation
Step 2

Onboard Suppliers

Every supplier is onboarded based on their segment-specific requirements and required fields are dynamically adjusted based on their answers.

Registration
Step 3

Validate Everything

Supplier data is validated in real time through the integration with 1000+ trusted data sources.

All of your supplier data is accurate - including address, tax ID, bank account, diversity status, prohibited/PEP list checks, insurance and more.

Validation
Step 4

Approval Workflows

Configurable approval workflows are triggered based on supplier characteristics and validation results.

Once the supplier is approved, the vendor record is automatically created in your ERP and other procure-to-pay systems.

Approvals
Step 5

Continuously Monitor

After onboarding, all suppliers can easily update info via their online dashboard and all information is continuously monitored for risk.

In the end, you have a single source of the truth for every supplier to drive all of your procure-to-pay initiatives.

Activation

  • Invite

  • Onboard

  • Validate

  • Approve

  • Monitor

Case Study: Bank Account Validation

Fraud to Zero:
Blocking Increasingly Creative Fraudsters With Technology That Replaces Manual Processes

“Bank account validation is an evolving practice. We’ve got to find technological advances to help us drive improvement initiatives and help us bring additional value to the company by deploying resources to other areas to create greater value.

“apexanalytix gives us the ability to do that.”

Director of Finance & Procurement at a $100B Company

Read the case study
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On-Demand Webinar: Bank Account Validation

Preventing Payment Fraud: Another Significant Advancement in Bank Account Change Controls

Watch Now
Related Use Cases

Go from idea to impact with proven procure-to-pay solutions.

Explore how we have helped global organizations overcome the same obstacles that you are facing right now.

View All Solutions
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Fraud Prevention

Fraud Prevention

No one bank account change control will prevent payment fraud. Layers of protection are needed to prevent the many different techniques of evading your controls.

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Risk Management

Supplier Risk Management

Ask suppliers the right questions at the right time with pre-built and highly configurable supplier journeys for an accurate picture of risk in your supplier ecosystem.

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Bank Ownership

Bank Account Ownership Validation

The most effective bank account change control is automated validation directly with the bank. It isn’t available everywhere, but needs to be part of payment fraud prevention program.

Learn More
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Vulnerability

Cyber Vulnerability & Threat Assessments

Your suppliers' cybersecurity is now your problem. Scan the open and hidden internet to identify suppliers that are high risk for a cyber attack: ransomware, BEC scams or data breaches.

Learn More
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ESG

ESG Compliance Programs

Rapidly close global compliance gaps and deliver on your strategic ESG objectives with out-of-the-box best practices, premium data and supplier-facing collaboration.

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Early Payments

Early Payment Programs

Maximize supplier adoption and discounts captured with an early payment program built into your supplier onboarding and management program.

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THE PAYMENT FRAUD REPORT

New Defenses Against Sophisticated P2P Fraud

Read Now
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Customer Stories

Peak performers
pick apex.

Whether long-form webinars or in-person conference presentations, our clients love to share best practices - what drives measurable value - with their peers.

View All Customer Stories

7x

faster average supplier onboarding
Independence Blue Cross logo

“Game changing speed. Now we can do same day onboarding.”

Chuck Stefanosky, Supplier Diversity Director
Read Customer Story

53%

increase in supplier discounts taken annually
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“apexportal has exponentially changed our whole supplier onboarding process.”

Amy Platis, Director of Finance, APM
Resources

Want to learn more?

Hundreds of product overviews, reports, customer-led webinars and on-demand product demos.

View All Resources
Northwestern-Medicine---The-Vendor-Master-Problem
Videos

Northwestern Medicine – The Vendor Master Problem

Read More
The-2023-Gartner-Market-Guide-for-Supplier-Risk-Management-Solutions
Reports

The 2023 Gartner® Market Guide for Supplier Risk Management Solutions

Download Report
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Blog

AI is Your Next Fraudster!

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Ready to Roar?

Fill out our contact form and we will be in touch shortly to discuss how the apex platform can solve your source-to-pay problems.

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