Protect your company’s reputation and revenue from the first time you engage with a supplier and throughout the supplier lifecycle.
Fraudsters are tech savvy. Whether it is a deepfake, WormGPT (aka evil ChatGPT) or your friendly coworker who bakes cookies. They prey on outdated, manual controls.
Recovering fraud losses is a major challenge due to the complex methods used by fraudsters. As a result, a significant portion of these losses remains uncovered.
High-value scams are alarmingly common, with nearly 1 in 4 involving losses of $1 million or more.
The average fraud scheme persists undetected to over 2 years allowing criminals to steadily drain funds while controls fail.
One control cannot prevent the hundreds of fraud attempts that our clients report experiencing every year.
Our five layers of controls take in mind that a fraudster could be a hacker, an employee, a supplier's employee or a combination of all of the above. Even if one control was compromised, the fraudster will be stopped.
“Bank 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
apexanalytix's comprehensive supplier management solution that replaces time-consuming, error-prone manual onboarding processes with a supplier-facing portal filled with automation and configurable workflows.
Remove the collection of data via email exchanges with a supplier-facing portal.
1000+ trusted data sources to validate tax IDs, bank account, address, prohibited/PEP lists and more.
Best practice, pre-built supplier questionnaires in ethics, IT, financial standing, business continuity planning, and highly configurable templates.
Ensure compliance with highly configurable workflows that can be easily updated by the P2P team.
Bi-directional integration with every ERP to keep all data synced all the time.
Integrate any P2P solution to simplify the admin and supplier experience.
Explore how we have helped global organizations overcome the same obstacles that you are facing right now.
Hundreds of product overviews, reports, customer-led webinars and on-demand product demos.
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