Challenge

Manual GBS processes are creating opportunities for fines, fraud and inefficiencies.

Onboarding suppliers through email and ad-hoc forms forces shared services teams to chase data, key it into multiple ERPs, and manage compliance checks by hand.

At GBS scale—thousands of GNFR and GFR suppliers—this manual model breaks down, driving OFAC and sanctions risk, fraudulent or misdirected payments, mounting ticket queues, and wasted hours on low-value data entry instead of hitting SLAs and cost-to-serve targets.

62

%

Inefficiencies found during onboarding

Procurement managers reported too many inefficiencies in their supplier onboarding process.

1International Journal of Productivity and Peformance Management

6

 months

Average time to onboard a supplier

Onboarding new suppliers is a time-consuming process that can take up to six months at many large organizations.

2A Remedy for the Supplier Onboarding problem HBR 2023

$

750

B

Annual amount loss to payment fraud

These fraudulent activities involve altering or manipulating checks and digital payments, leading to substantial financial losses.

3apexanalytix analysis of ACFE data

Solution

Right. From the start.

apexanalytix gives GBS and shared services teams a single supplier onboarding hub that sits in front of every ERP and P2P system.

 

Suppliers onboard themselves through your branded portal, while configurable workflows and real-time validations standardize how GFR and GNFR suppliers enter your ecosystem.

 

All of your compliance requirements can easily be configured by GFR/GNFR supplier segments so suppliers are onboarded based their requirements.

 

To ensure accurate data, apexanalytix is integrated with 1000+ trusted data sources to automatically validate supplier data (e.g., tax ID, bank account, prohibited lists) at onboarding and continuously monitored throughout the lifecycle.

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Highly Configurable
  • Highly Configurable

  • Validate Everything

  • Enforce P2P Policy

Highly Configurable

Most large GBS organizations operate in complex environments with multiple regions, ERPs, business units and supplier types. Highly configurable business rules let GBS teams make sure everything needed to run procure-to-pay is captured, validated and routed for approval.

Workflows and requirements can vary by supplier type, region or other supplier characteristics, so GBS can standardize globally while adapting to local needs.

Validate Everything

apexanalytix supports GBS operations by validating supplier data through integrations with over 1,000 global government, regulatory and trusted third-party databases.

As suppliers enter data (global tax IDs, bank accounts, diversity status and more), apexanalytix checks it in real time so GBS teams get clean, accurate information before onboarding. Some issues are auto-corrected, others prompt suppliers to fix their own data, and high-risk items like OFAC exceptions are flagged only to the appropriate GBS approvers.

Enforce P2P Policy

For GBS operations, there is no better time to communicate and enforce supplier policies and strategic initiatives than during supplier setup.

Using apexanalytix’s configurable business rules, GBS teams can target specific supplier segments with the right requirements—such as payment terms, required insurance, diverse vendor certification, electronic payments and more.

This makes it easy for GBS to bake procure-to-pay strategy into everyday onboarding and maintenance, turning policy enforcement into business as usual.

GFR Suppliers

From ‘We Want This Brand’ to ‘On the Shelf’ in No Time Flat

apexanalytix helps GBS leaders supporting GFR get new brands and private-label suppliers trade-ready faster, with fewer payment issues and a better experience for merchants and vendors.

 

Workflows

Speed to shelf & assortment agility

apexanalytix shortens time from “we want this brand” to “this supplier is trade-ready and we can receive and pay them,” which directly protects sales.

CDL

Fewer revenue-impacting payment issues

Strong tax and bank account validations reduce payment delays that can sour relationships with strategic brands and private label manufacturers.

Funding

Better experience for merchandise suppliers

One global registration portal instead of multiple email exchanges with PDFs to fill out create a better experience for key brands and private-label partners.

Bank

Product-linked compliance

Capturing and validating ESG, safety, and other product-related data at onboarding supports brand and regulatory requirements for what ends up on the shelf.

GNFR Suppliers

No GNFR Left Behind: Locking Down Spend Without Locking Up Service

apexanalytix gives GBS leaders a single GNFR supplier hub across ERPs, tightening payment and disbursement controls while lowering cost-to-serve.

Early Payments

Tighter disbursement and GNFR risk controls

apex’s bank ownership validation, sanctions/tax checks, and audit trails map directly to their accountability for payment risk and audit findings on GNFR vendors.

Workflows

Single GNFR supplier hub across multiple ERPs

A central master for all GNFR vendors (facilities, logistics, marketing, IT) cuts duplicates, errors, and rework across AP and procurement.

Duplicate Payments

Lower cost-to-serve & better SLAs

Touchless onboarding and clean data reduce manual ticket volume and invoice fixes, helping GBS teams hit SLAs and cost targets.

deeper auditing with contract compliance recovery audit

Configurable workflows by supplier segments

Ability to varying supplier segment requirements (e.g., cleaning services vs. SaaS provider) differently in the same platform without constant change requests.

Features

Experience a 100% touchless onboarding solution for 100% of your suppliers.

A touchless alternative to time-consuming and error-prone manual onboarding processes. Your suppliers onboard themselves in their own language through a simple portal branded with your company’s logo.

Goods Not For Resale

No GNFR Left Behind: Locking Down Spend Without Locking Up Service

apexanalytix gives GBS leaders a single GNFR supplier hub across ERPs, tightening payment and disbursement controls while lowering cost-to-serve.

Onboard

Faster Onboarding

Cut time from ‘approved GFR supplier’ to trade-ready in your ERP(s), so merchants can launch brands and private label without waiting on vendor setup.

Standardize GNFR onboarding across regions to reduce cycle time and cost-per-supplier.

Questionnaires

Pre-built Supplier Questionnaires

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

Validations

Real-Time Data Validation

Validate global tax IDs, addresses and bank-account ownership using 1,000+ government, regulatory and banking data sources – a control layer GBS can point to in audits and fraud reviews.

Integration 02

Foundational Agnostic Technology

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

Workflows

Customized Workflows

Design different approval paths for GFR vs GNFR suppliers, by spend level or country, and update them quickly as your GBS operating model evolves.

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Single Source Of Truth

Bi-directional integration with every ERP creates a single supplier profile that synchronizes across all banners and P2P solutions – eliminating duplicates and rework in vendor maintenance.

How It Works

Fully Integrated Onboarding Process Flow

Every company's GBS 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.

Step 1

Invite Suppliers

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

GBS controls who is invited, by segment and region, ensuring GFR and GNFR suppliers enter through a single front door.

Invitation
Step 2

Onboard Suppliers

Dynamic questionnaires adapt to each supplier type – from merchandise vendors to GNFR services – while still enforcing one standard process

Registration
Step 3

Validate Everything

Real-time checks give GBS documented evidence of tax, bank and prohibited-list controls at the point of onboarding 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

Segments route to the right GBS, procurement and risk approvers 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

Continuous monitoring and supplier self-service reduce vendor-maintenance tickets and support both GFR availability and GNFR disbursement safety.

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

Forrester TEI Study

$2.1M recovered. 168% ROI. Six-month payback.

ForresterTEI_hubspot-2
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apexanalytix has elevated the way we work with suppliers.
Amy Platis, Director of Finance, APM at Northwestern Medicine Hear Amy's Story
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Time to onboard a supplier went down significantly.
John Kalina, VP Administrative Services at Independence Blue Cross Hear John's Story
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

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Third Party Data Validation & Enrichment

Start Strong. And Continously Improve.

Keep all of your customer and vendor data accurate with continous monitoring. New bank information, updated insurance certificates, diversity status, addresses, and a lot more.

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SupplierMgmt_
Supplier Management

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.

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Audit and Recovery

$9 billion in overpayments prevented or recovered annually.

More insights. More expertise. More supplier intelligence. More recoveries than any other provider in the world.

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Supplier Risk Management

Disrupt the disruption.

Prevent fines, fraud and supply chain disruptions with continuous monitoring of your supply base – without the noise.

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Intelligent Data

Data in. Gold out.

The fastest way to validate and enrich your third-party data with APIs tapping 1,000+ trusted data sources and 280 million company golden records.

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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.

7x

faster average supplier onboarding
Independence Blue Cross Logo

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

Chuck Stefanosky, Supplier Diversity Director

53%

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

Amy Platis, Director of Finance
Resources

Want to learn more?

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

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Webinars

AI Makes Supplier Management Touchless at Independence Blue Cross

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Webinars

End-to-End Supplier Management

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

2023 Gartner Market Guide

Ready to Roar?

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

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